EOS, Ethereum and Komodo: Chinese govt recognises as top 3 coins

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December 27, 2018 by
EOS, Ethereum and Komodo: Chinese govt recognises as top 3 coins

The cryptocurrencies such as Ethereum, EOS and Komodo are recognised by the China Centre for Details Sector Growth (CCID) as top 3 in ‘Crypto job rankings’. This release of ranking chart is fourth in a row by the Chinese authority that awarded Bitcoin, the most valuable digital asset by market cap, the 10th position.

Earlier in May, CCID started the ranking event and in total 28 digital currencies were rated. In the following three months time, the government added to the list overall five coins. In the latest ranking, the prominent altcoins Ethereum and EOS gains the top two positions. The crypto enthusiasts are taken aback with Komodo’s entry in the third ranking, leaping over from 10th setting.

Commenting on the method of allotting positions, CCID controlled China Electronic Devices News Agency revealed,”A comprehensive investigation and assessment of the general public chain from three facets; standard innovation, application and also innovation.”

It is, however, interesting to note that the positions are not awarded based on market performance, coin valuation, market cap and trading volume of the digital assets that validates the 10th ranking of Bitcoin in the chart. Besides, Nebulas, Neo and Stellar hold the fourth, fifth and sixth position, respectively. Surprisingly, top altcoins such as Bitcoin Cash, Surge, Litecoin are not present in the top 10 listing.

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