Day: June 2, 2018

Cryptocurrency Market Jumps $10 Billion as EOS Surges 16%, Bitcoin at $7,650

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The cryptocurrency market has increased by around $10 billion over the past 24 hours, as major cryptocurrencies including Bitcoin, Ripple, EOS, Stellar, and Tron surged in the range of 2 to 16 percent. EOS was the strongest performer today, recording a gain of 16.24 percent subsequent to its mainnet launch. No Major Movement Over the Past 7 Days Although it seems as if the market has recovered by large margins and bitcoin has rebounded from its previous dip, BTC has remained in the same region over the past seven days.…

EOS Price Pumps after Mainnet Release, But Is This Rally Organic?

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The EOS price rallied 16 percent on Saturday following the release of the blockchain project’s open-source mainnet software, but there’s more to this pump than first meets the eye. EOS Price Makes Market-Leading 16 Percent Rally Today’s EOS price surge came as part of a wider market rally, but the token nevertheless managed to outpace every other cryptocurrency ranked in the top 100. EOS spent most of the day trading just over the $12.00 mark but began to surge at approximately 6:15 UTC on Saturday morning. Within hours, the EOS…