Just a few days after the country’s president, Xi Jinping, publicly embraced blockchain technology, China’s Center for Information and Industry Development (CCID) has released its latest crypto ranking report.
CCID, which operates under the supervision of the country’s Ministry of Industry and Information Technology, is tasked with interfacing businesses with the government and watches over the country’s information industry.
Its latest crypto ranking report, which is the 14th since its first report in May 2018, comprised of 35 digital currencies. Interestingly, despite Bitcoin being the flagship cryptocurrency, it was ranked 11th. The first spot was occupied by its previous holder, EOS.
Tron overthrows Ethereum, beats Bitcoin on a single category
Tron occupied the second position having appreciated by one spot since the last ranking which was done in July this year. Ethereum dropped by one spot to hold the third position. Notably, Tron scored higher than Bitcoin on only one category, basic technology, where it scored 94.2 points against Bitcoin’s 43.5 points. However, Bitcoin balanced the deficit on creativity category where it scored 40.2 points against Tron’s 28.7 points. The two scored 19.4 points each on the applicability category. In total, Tron scored 141.0 points with Bitcoin scoring 103.2 points.
The top 10 positions on the list were occupied by EOS (151.8), Tron (141.0), Ethereum (135.8), NULS (118.0), Bitshares (110.9), STEEM (110.1), Lisk (109.3), Qtum (106.7), NEO (103.6), and XLM (103.4). The last ten positions, on the other hand, were occupied by Monero, Verge, Zcash, Tezos, Hcash, Bitcoin Cash, Cardano, Litecoin, IOTA, Bytecoin, and Decred respectively.
Compared to the last crypto ranking report, Ripple (XRP), Qtum (Qtum), Lisk (LSK), and Dash (DASH) are the top gainers having moved from position 20 to 30, 18 to 8, 14 to 7, and 21 to 17 respectively.
GXChain and XEM, a crypto coin existing on the NEM (New Economy Movement) were removed from the list.