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EOS is preparing to take off? The reasons for the price increase for this crypto currency


Mazda3

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Posted

This week, the EOS token is growing, most likely due to a positive news background.

Today, the price of the EOS has risen to $ 7.34, a two-week high. At the moment, the price of the token is about $ 6.38, and the growth over the past 24 hours was 2% (currently the price is in the correction stage), according to CoinMarketCap. It is noteworthy that EOS also grew by almost 70 percent from the low of $ 3.95, which was fixed on Sunday. Now this crypto currency is the seventh in the list of top-level crypto-currencies in terms of market capitalization.
It should be noted that EOS - the only crypto currency of the top 15, which is showing growth today. Bitcoin (BTC) after an incomprehensible situation with Binance has fallen by almost 5%. Other top crypto-currencies also show negative dynamics, on average by 6-9 percent.

News background on EOS
Block.one, the developer of EOS.io, yesterday announced the creation of a $ 100 million joint fund with the German incubator, which works in the fintech industry, FinLab AG to finance projects using EOS blockade. Funds will be managed by FinLab AG. This is only part of the global initiative Block.one, in which the company plans to spend about 1 billion on various projects on the EOS blockade.

In addition, there were rumors on reddit that EOS would soon be added to Upbit, one of the largest crypto-exchange exchanges in South Korea.

And, no less important, the volume of trades has increased by 189 percent since March 18, which means that the price for EOS, in the near future, is likely to continue to grow.

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Posted

Great job and great news for EOS investors. Sad I didnt buy some of it. I do have EOSG here only EOS Gold an erc20 token which turns out to be a scam, sad. xD 

  • 3 months later...

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