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Why is EOS so popular these days?
The EOS block block platform is the only one of its kind in the cryptocurrency domain, which is giving head to head competition with the Ethereum Blockchain. The fifth largest cryptocurrency is, in many respects, better than its predecessor Ethereum. Reaching decentralization is nothing more than giving power to every individual throughout the world, to develop its personalized decentralized application, for which the EOS block block platform it fits correctly. The EOS block block platform it is perfectly suited to the vast customer base, while congestion has been observed in the case of the Ethereum network. therefore, the EOS block block platform It has been in the LimeLight for investors all over the world.
The general decline in EOS prices
Keeping up with the fluctuations and updates in the Crypto domain is very difficult for investors. Therefore, the article covers significant results and price fluctuations in recent months. The EOS is the native cryptocurrency of the blockchain platform EOS.IO, which currently trades around $ 5.58. however, the EOS the price of coins had fallen significantly since the beginning of September 2018, which at the time was around $ 7.71. Passing from which, the EOS the currency has severely broken support levels at $ 6.5 and $ 6. But the EOS the currency managed to stay above the $ 5 level for that particular week.
It was obvious that EOS exceeds the Ethereum platform, from the fact that many Crypto blockchain platforms, they chose EOS on the Ethereum network for the development of Blockchain protocols. The EOS The Blockchain protocol left Litecoin and Stellar, so it became the fifth largest cryptocurrency by market capitalization.
Let's go through the detailed analysis of the EOS prices of the last few months.
could
The EOS price significantly fell from $ 22.89 to $ 16.94, during the first week of May. The cryptographic currency was then consolidated for a week, but then on May 11th, the EOS the price broke its support level by about $ 16.86 and fell almost to $ 14.18. The lowest price of EOS for that particular month it was 24 and the price was $ 10.98. $ 19.07 was the price of EOS for that particular month, the 3rd.
June
The price of the EOS coin It continued to fall ever since, and on June 2, the price was recorded as the highest for that particular month, trading around $ 15. Also, on June 9th, the price exceeded support levels and reached $ 10. from around $ 14.54. The lowest price for this particular month was recorded on June 24th and the price is $ 7.35.
July
$ 9.13 was the highest price of the EOS coin for the respective month and was registered on 3 July. Also this particular month marked a steep descent in the price of EOS, the lowest level was recorded on July 12, at a price of $ 6.74.
August
The currency of the cryptocurrency, also during this month, has recorded a downward momentum and has fallen from almost $ 7.25, which was also the historical maximum of that respective month lived on August 4th. In particular, on August 8, prices fell sharply from $ 7 to $ 5.5.
September
The highest price for September 2018 was the 2nd, $ 6.68 is the price of the currency. However, on September 4, the currency broke its strong support of $ 6.4. Since then, the cryptocurrency currency has fluctuated around $ 5 levels with slight fluctuations in its prices, up until now.
Further significant developments in the EOS Blockchain platform
Furthermore, the various global hackathons that have been conducted by the community platform have had an upper hand in maintaining EOS in the Crypto news for a long time. more recently the hackathon was conducted in London on 23 September 2018, which proved to be a great success for the development of various Blockchain platforms for developers. Various incentives in which it is offered to the hackathon where the first prize, which was a cash price of about $ 100,000, was awarded to the developers who used the EOS block block platform, to prevent Malware attacks.
Future roadmap of EOS
The key interaction of some of the key figures of the Blockchain platform like Dan Larimer proved to be a great thrill for all Crypto fans. The next leg of the hackathon series was a virtual competition, run for Crypto members, in Africa on October 3, 2018. This competition would bring the winners directly into the grand finale of the blockchain hackathon, which will take place on December 7, 2018, at Cape Town.
