EOS Flirts With Top-Five Crypto Status After Enormous Month-Long Rally - Dvolatility Market News

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Monday, April 23, 2018

EOS Flirts With Top-Five Crypto Status After Enormous Month-Long Rally

Investing.com - EOS may not have been the fifth largest cryptocurrency by market cap for long, but it is still one of the best performing coins over the past month.EOS briefly bypassed Litecoin in market cap last week, before Litecoin began a rally of its own. Still, at almost $10, EOS is up about 250% from its mid-March low of $4. A big part of the price move, as well as a spike in trading volume, coincided with the run-up to the April 15th airdrop of the eosDAC token. Under the terms of the airdrop, those who held at least 100 EOS tokens would receive the new token at a 1-to-1 ratio. EOS, which is supposed to be a superior version of Ethereum, is still a long way from its early January peak of almost $19.

(Source: Investing TV, April 23, 2018 at 09:15AM)

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