EOS Gets Back to Its All Time High
EOS Gets Back to Its All-Time High
EOS showed some amazing progress during the last couple of months, grabbing the attention of investors as one of the most promising coins in the market. That is how EOS managed to take over the fifth spot on the global coin ranking list, which was previously long-held by Litecoin for quite some time. That was not the end for EOS,"EOS Gets Back to Its All Time High" as this coin is doing more than well with rebounding from the massive selloff that happened a couple of days ago. Let’s see how EOS is doing at the current moment.
If you take a look at the current state of the market, on April 28th, you will notice that the majority of currencies are going down while trading in the red. However, EOS is one of the rare digital assets at the current moment that is trading up against the dollar while trading in the green and collecting new rises.
A couple of weeks ago, we have had a chance to witness a magnificent comeback that this coin had after the market dip that went on ravaging the market for more than two months when the total market capitalization was stripped down for more than 50%.
That means that the majority of currencies have had a rough time during this period while also having some issues at the beginning of the rebound phase that followed after the market dip was over. We already know as we have learned on previous cases, that the crypto market can be more than slightly unpredictable, so it kind of isn’t that big of a deal if your favorite coin gets drawn into the whirlpool of losses together with the market trend.'EOS Gets Back to Its All-Time High'
What it matters, is how quickly and how will is your coin going to recover from the crash. EOS has shown that it belongs among highly governed cryptocurrencies, with a strong community, which on top of other factors, made EOS capable of getting back on the track in no time, even though the market has been through a crash and a selloff in the last couple of months.
At the same time, it is considered that this coin managed to develop a type of immunity to greater losses on the market due to the fact that EOS investors are waiting for the long-anticipated launching of the EOS Main Net.
The Main Net is announced to be released 35 days from now, and you can follow up with the live countdown until the time of the launching on EOScountdown.com. Since the community is waiting for the main net launch, it is speculated that everyone is holding onto their EOS units simply because of that point on EOS’s roadmap.
Whichever the case, EOS has shown some amazing results during the last couple of months, but also during the last week.
EOS was collecting massive gains during this week, making it the fast growing and best performing digital currency of the week with over 62% of rises collected in less than 7 days.
That is how EOS is still holding onto the fifth spot on the global coin ranking list, without any signs that it would be going down anytime soon. In addition to this success, EOS just managed to reach a new record price, surpassing its all-time high of 18.16$.
After the latest change in the market, this coin has gone up to 15.54% against the dollar, while trading in the green. In addition to rising up against the fiat currency, EOS is also going up against BTC and ETH for over 15%, which means that EOS is currently doing better in the market in oppose to Ethereum and Bitcoin.
Following the most recent change in the market, this coin can be purchased at the new all-time high of 18.80$ per one unit. We are all excited to see what happens next.
EOS Gets Back to Its All Time High
Reviewed by mir khaleq ali
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April 30, 2018
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