CryptoScores mission is to provide accurate, clear, and unbiased cryptocurrency information to the general public, free of charge. Bitcoin and other cryptocurrencies are involved in a highly volatile and unstable market due to a lack of information, but CryptoScores offers a gateway for investors to make informed decisions using our original Risk-Rating system. Unlike other opinion-based coin scores, CryptoScores uses an advanced Risk-Rating formula that weighs both historical, quantitative data, as well as factually-based qualitative ratings.
To learn more see CryptoScores White Paper.
CryptoScores considers 5 unique categories in our Overall Coin Ratings:
Considers the standard deviation of the coin’s daily returns, in relation to the weighted daily returns collected from the cryptocurrency market as a whole. A higher volatility means that the coin’s returns are highly deviant from the market, while a lower volatility means the coin’s returns are highly stable. CryptoScores rewards coins for having a lower volatility, and therefore being a safer, more stable investment.
Measures the average daily volume of a coin. Higher volume results in higher network use, while lower volume indicates higher risk. CryptoScores rewards coins for having higher daily trading volumes, as these are more stable coins for investors.
Measures the percentage of the top 15 global cryptocurrency exchanges that allow for the coin to be traded on its platform. Coins that are not actively traded on multiple exchanges have fewer outlets to buy and sell the coin. CryptoScores rewards coins for having a higher liquidity score, as the more exchanges that the coin is offered to the more potential traders can buy or sell the coin.
Considers multiple qualitative categories relative to the industry support and involvement of the cryptocurrency. This score factors in the Current Capital, Commercial Investment, and Industry Support of the coin. CryptoScores rewards coins with high levels of industrial investment and resources available, as these organizations are more likely to capitalize on funding and succeed.
Consider multiple qualitative categories relative to the application and use of the cryptocurrency. This score factors in the Current Application, Potential Growth, and Technological Strength of the coin. CryptoScores rewards coins that have a high-quality current use case, a strong platform, and are poised to expand in the near future.
CryptoScores was founded in 2017, and has been the culmination of countless volunteer hours of research, development, and public feedback. We are adding content to this website every day to help further explain our rating system, provide more insight into cryptocurrencies and key blockchain information, and illuminate the market as a whole with accurate and unbiased information.
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