CoinMarketCap Introduces New Ratings Feature to Determine Cryptocurrency Health

While browsing CoinMarketCap today, I noticed a new 'Ratings' feature added to their website which CMC termed as FCAS - Fundamental Crypto Asset Score. FCAS helps to measure cryptocurrency project's health by taking into account factors such as User Activity, Developer Behavior and Market Maturity.

At the time of writing this post, below are the ratings given to top cryptocurrency projects:

Bitcoin - Rated A with 885 points
Ethereum - Rated S with 909 points
XRP - Rated A with 751 points
Litecoin - Rated A with 756 points
EOS - Rated S with 914 points
Bitcoin Cash - Rated C with 532 points
Stellar - Rated B with 722 points
Tron - Rated A with 880 points
Cardano - Rated A with 826 points

Surprisingly, Steem was rated C with a below par score of 543. Although I don't think these ratings gives a clear picture about the fundamentals of a project but it is still a nice indicator to have to compare different cryptocurrencies.

Let me know your thoughts on this new feature introduced by CMC. Do you think it is helpful? If so, do you think Steem is rated fairly? Also, do share the ratings for your favorite projects in the comment section below.

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