Weiss evaluations give positive comments on Lumen stellar and XRP
XRP and Lumen stars (XLM) received positive feedback from the independent rating agency Weiss Ratings. The company said that in the midst of a bear market in the world of cryptocurrencies, XLM and XRP record minor losses, which is something that shows their strength.
In fact, during the last 24 hours, Stellar and XRP are the only two top-10 virtual currencies that are not falling. The XRP grew by 0.27% while Stellar by 2.27%. Each XRP coin can be purchased for $ 0.47 and each XLM coin for $ 0.24 dollars.
In a Tweet uploaded by Weiss Ratings, the company seems very positive about these two cryptocurrencies. He mentioned that these coins are not based on mining at all, which is something that demonstrates their value. instead, Bitcoin it has lost a lot more value in the last hours.
Although #BTC he's pummeling the lowest lows of the last 12 months, like that #XRP or #Stellar they are not going down so much and they are still supporting. These coins are not based on mining at all – this is proving their worth.
– Weiss evaluations (@WeissRatings) November 15, 2018
Moreover, XRP was able to reach the second position in the virtual currency market. Ethereum has not been able to sustain its value and XRP has exceeded it in recent days. Stellar did something similar with EOS a few days ago. Both EOS and Ethereum they have experienced very negative feelings in recent months.
In the near future, Stellar could be added to Coinbase as a new resource. In the last months, Coinbase – which is one of the most popular companies in space – added support to other virtual currencies such as 0x (ZRX) and Basic Attention Token (BAT).
At the moment, Coinbase has not commented on the possibility of adding XRP to its trading platform. However, some time ago, the Coinbase Custody decided to add XRP support on its institutional custody service.
Weiss Ratings comments show that there are several virtual value currencies in the market other than Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC).