The fifth largest cryptocurrency by market capitalization EOS (EOS) is returning the beginning of January losses as the pair EOS/USD is closing in to the major $2.80 which depending on the standing acted as a clear supportive or resisting level.
Source: coinmarketcap – Per time of writing
The speedy jump upwards from$2.35 to $2.75 on the 8th of Feb was a game changer for its market performance. On the daily trend chart, almost all leading coins are experiencing a range bounding movement which per writing is only battled by EOS.
– According to a press release on Jan. 24th, China announced another iteration of its government-sponsored ranking system for the top cryptocurrencies and their blockchains, once again placing EOS at the head of the pack. Despite it being positioned fifth by m-cap counting $2.5 bln, EOS was able to hold the leading spot in the ranking list drafted by China’s Center for Information and Industry Development (CCID) against other coins that many see as…
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