It’s green skies for crypto today, including EOS and Litecoin (available on Coinbase) (LTC). What’s happening with these coins?
EOS
EOS is currently selling for $8.34, which puts the coin up 14.06% in the past 24 hours.
Source: CoinMarketCapEOS had a bumpy start to its mainnet launch, to say the least. And the hiccups certainly aren’t over yet. Despite being up for the last 24 hours, EOS has been dropping for the last seven days, dropping nearly 20% since last Monday.
The coin started climbing again on Sunday, after hitting a low of $7.19, and we’re just going to have to wait and see whETHer this climb will be enough for it to recover its price leading up to the date when its mainnet was supposed to launch (ah, those were blissful days).
It’s not all rocky news for EOS though. Last week, the China ElecTron (available on Binance)ic Information Industry Development (CCID) released a new version of its blockchain rankings (which previously listed Ethereum (available on Coinbase) [ETH] as the number one blockchain). In the updated list, CCID rated EOS as the number one blockchain in China.
Some good news for the fifth largest cryptocurrency right now is much needed. Will it be enough to maintain the price of the coin?
Is EOS the number one blockchain for you?