Ether (ETH), Tron (TRX), and IOTA (MIOTA) have outperformed almost all other major cryptoassets according to the 30-day Sharpe ratio, a market assessment measure created by Nobel laureate William F. Sharpe. The Sharpe ratio estimates the expected return of investment (ROI) relative to the risk of investing in a particular asset. While the Sharpe ratio indicated that ETH, IOTA, and TRX, which saw its value surge over 11% after BitTorrent’s token launching on Binance’s launchpad, would perform well, bitcoin’s (BTC) future performance was projected to be dismal.
