The Enterprise Operating System, known as the cryptocurrency EOS, is in the latest crypto news because of its huge increase which made the coin push more than double compared to the growth of Bitcoin in only a few days.
The base token EOS had been pushing the $3 mark while Bitcoin was trading in the $4,600 range. However, when BTC broke upwards and went above $3,750, EOS went along with it and followed the rise.
As the one-day charts show, EOS is far above the $3 mark and is resting comfortably at $3.62 at press time, demonstrating an even higher surge than the one the altcoin did yesterday. When it comes to the total markets, EOS gained more than 35% in the 5-day period, increasing its price by more than a third.
The total market cap of EOS is still a net loss from the amount raised for its ICO ($4 billion). The market cap right now is coming closer to the ICO amount and sits at $3.28 billion. EOS doesn’t have far to go in this manner – all it needs is another $1 rise and it is even with the ICO prices.
What’s interesting is that of all the smart contract platforms, EOS has some of the highest usages. For all of this, it is hard not to note that EOS is taking some time to pick up real steam when it comes to widespread notoriety.
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