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8 out of 10 Domestic Crypto Projects Rated 'Risky'... Kaia Tops Trustworthiness

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Uk Jin
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  • It was reported that 8 out of 10 domestic cryptocurrencies listed domestically received a 'Needs Improvement' or 'Not Rated' grade.
  • Kaia was the only one to receive an 'Excellent' rating, marking high trustworthiness.
  • Only 24 cryptocurrencies received a 'Good/Excellent' rating, with many projects receiving low evaluations.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Domestic cryptocurrencies, often referred to as 'Kimchi Coins', are still failing to stand out even in a bullish market and have received low trust ratings.

According to domestic crypto evaluation platform Apia on the 19th, out of 107 domestic cryptocurrencies listed on domestic exchanges, only 24 received a 'Good/Excellent' rating. Meanwhile, 60 were rated as 'Needs Improvement' and 23 as 'Not Rated'.

Among them, the highest-rated crypto project was Kaia. Kaia was the only one among the 107 domestic cryptocurrencies to achieve an excellent rating.

The following received a good rating: ▲Creditcoin (CTC), ▲MVL (MVL), ▲Fantom (FTM), ▲Miracle Play (MPT), ▲XPLA (XPLA), ▲Elysia (EL), ▲ZTX (ZTX), ▲ICON (ICX), ▲Bifrost (BFC).

On the other hand, ▲LoungeM (LZM), ▲Advanced Project (AUC), ▲Tidal Flats (TIDE), ▲Milo (MILO), ▲Xent (XENT), ▲SKLAY (SKLAY), ▲Poll Chain (POLL), ▲Gallery Coin (GLR) received the lowest scores.

KAIA
MVL
CTC
XENT
XPLA
FTM
LZM
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