Weiss Ratings assigned Litecoin cryptocurrency "excellent" rating

The American rating agency Weiss Ratings assigned Litecoin a B rating (“excellent”), taking into account the significant investment attractiveness and the degree of mass adoption of cryptocurrency.

On the other hand, such a factor as the ratio of risk and return was estimated slightly lower than the rest of the Litecoin parameters, having been rated B-.

The screenshot below shows that the overall rating of LTC is lower than that of Bitcoin and Ethereum, but higher than that of EOS and Cardano:

Data: Weiss Ratings website

Currently, Litecoin with a $ 7.3 billion market capitalization is in 4th place in the CoinMarketCap rating:

It is also worth noting that, since the beginning of the year, Litecoin has grown much faster than the rest of the cryptocurrencies included in the top 5 of the popular rating:

Recall that the Litecoin halving will take place soon, as a result of which the reward for the mined miner unit will be halved.

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