China Updates Crypto Rankings, Downgrades Bitcoin

[rhubygold23]

The China Center for Information Industry Development has updated its crypto rankings. The list contains 33 crypto projects, ranked overall and in three separate categories. High up in the overall ranking are EOS, Ethereum, and Bitshares. Bitcoin, however, has been downgraded.

                                     

  China’s Fifth Ranking

[/b]

The China Center for Information Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, officially published its fifth crypto rankings on Sept. 20. Thirty-three crypto projects are ranked. Each is given an overall score and a separate score for each of the three categories – basic technology, application, and innovation.

In the overall ranking published Thursday, the center put EOS at the top of the list, followed by Ethereum, and then Bitshares. EOS and Ethereum were also at the top of last month’s overall ranking. Bitshares, however, jumped from the 12th place the 3rd place.

BTC was downgraded from the 10th place to the 16th place while BCH fell a few places, from the 29th place to the 31st place. In the innovation category, however, BTC tops the list, with EOS in the 3rd place.

WHAT DO YOU THINK?

THIS IS THE SOURCE: https://news.bitcoin.com/china-crypto-rankings-bitcoin/