This morning, the cryptocurrency market has received a boost and most major digital currencies are trading green! This time last year, Bitcoin (available on Coinbase) (BTC) hit its all-time high, nearing $20,000. 2018 was quite different than 2017 in the cryptocurrency space. Today, we’ll take a closer look at EOS, Litecoin (available on Coinbase) (LTC), and Cardano (ADA).
EOS
The fourth-largest digital currency by total market cap, EOS, is leading the top digital currencies today in most percentage growth. According to CoinMarketCap, EOS is trading at $2.37 a coin, up 21.73%. This time last year, EOS was trading above the $12 mark.
Earlier today, Block.one announced the grand prize winners of their EOS Global Hackathon.
Team GeNEOS were selected as the ultimate winners in our marathon #eoshackathon series at the Grand Finale earlier this month. We caught up with them just after the judges announced their decision. https://t.co/DaZkmkNSof
— Block.one (@block_one_) December 17, 2018
GeNEOS was crowned the winner!
“It was like a dream to me,” reflected Jens shortly after GeNEOS’ triumph had been announced at the EOS Global Hackathon Grand Finale in Cape Town, South Africa. “We had all kind of worked togETHer before but were not really in close contact. I always wanted to do more with blockchain, so this was a great chance for us.”
It remains unknown at this time why EOS is booming today.
Litecoin (available on Coinbase) (LTC)
Litecoin (available on Coinbase), the seventh-largest digital currency by total market cap, is also trending today. At the time of writing, LTC is trading at $30.06 a share, up 14.89% in 24 hours. Last year around this time, LTC was trading just above $390 a coin.