Alethena Top 16 Cryptocurrency Assessment — January 2019
January 2019, as per coinmarketcap.com — 10 Jan 2018
We present the Alethena January Top 16 Cryptocurrency edition. Crypto winter is upon many cryptocurrencies and therefore market capitalisation has shifted the positions within the top 16 cryptocurrencies. We can thus welcome one re-joiner:
- NEO sometimes referred to as the “Chinese Ethereum” and formerly known as Antshares (rebranding was conducted in June 2017). For this cryptocurrency we evaluate the case as Investment Grade with a stable outlook due to the growing real-world use cases and the ongoing development progress.
Further changes are summarised in the following:
- Ethereum outlook changes from negative to stable, anticipating the successful reach of a major milestone, namely the Constantinople hard fork (the Rinkeby Ethereum testnet already successfully forked over to Constantinople on the 9th of January).
- XRP outlook changes from stable to positive due to the recent reported fact that the RippleNet payment network has more than 200 signed up customers.
We hope you enjoy our independent and professional assessment and stay tuned for our next edition in February 2019!
Disclaimer: The assessment of the above top 16 coins reflects Alethena’s own professional opinion at the date of the publication, does not reflect an investment advice, and is not subject to a rating conducted via Alethena’s due diligence methodology. Intellectual property of Equility AG and ©Alethena, 2019. All rights reserved.
Alethena is the first Blockchain-Asset Rating Agency made in Switzerland that is 100% independent, transparent, and neutral. Visit www.alethena.com for more information.