Evaluation of Cryptocurrency Markets Based on q-Rung Orthopair Fuzzy Hypersoft Frank Approach

Abstract

The cryptocurrency, often known as virtual or digital currency, is one of the most significant breakthroughs brought about by digitalization. It has been mentioned recently, an innovative system for stockholders in particular. Cryptocurrencies of all kinds, including Bitcoin, Shib, Dogecoin, and Tether are decentralized. Categorization complicates decision-making (DM) as well as the transfer of uncertainty and digital currency validation. The multi-attribute group decision-making (MAGDM) method is defined in this article using the Frank weighted averaging and Frank weighted geometric aggregation operators (AOs). This research examines the uniqueness of the qRung orthopair fuzzy hypersoft set (qROFHSS) that is responsive to volatilities, vagueness, doubt, and inaccurate data. Additionally, some specific essential qROFHSS operational laws are defined in this study. The framework presented here is the best alternative for understanding electronic money. This research supports the difficulty of situations involving making choices that must take into account a variety of qualities and sub-attributes to select the best choice. We see that Bitcoin has a variety of applications and that cryptocurrencies have an excellent chance to emerge as a prominent benefit lesson in financial choice-making. In this paper, to demonstrate the viability of the suggested methodology we look at a case study on choosing the best currency out of these that are accessible to manage cryptocurrency. Comparative analysis shows that the suggested strategy is stable and good. We conclude that the proposed methodology provides a thorough and systematic approach to analyzing cryptocurrency. Finally, a numerical example is provided to show the method’s efficiency.

Keywords

• qRung orthopair fuzzy
• qRung orthopair fuzzy hypersoft set
• soft set
• cryptocurrency market