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Author Topic: The market is falling, but the EOS token is held at $ 6. Why?  (Read 98 times)
TelegAda (OP)
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April 07, 2018, 11:25:45 AM
 #1

Despite the General correction in the last 24 hours, the EOS token manages to be kept at the level of$6.

EOS ecosystem is on the way to the main launch in June, in this direction was made another step - a preliminary release of eosio ecosystem. DAWN 3.0 release has all the functionality of the upcoming main ecosystem and is already available for testing.

EOS founder Daniel Larimer noted:

This preview release is an important milestone on the way to EOSIO 1.0, which is scheduled to be launched in June 2018. Our team of developers is working around the clock to make EOSIO the most powerful platform for creating blockchain applications. It's been four months since we released EOSIO Dawn 2.0, and we finally made the next step.
Due to the progressive movement in the direction of the main goal, the ERC-20 token of the project is kept at a sufficiently high level. EOS grew by more than 9% overnight to$ 6.4, and the market was also marked by an increase in trade volume and activity. After that, there was a slight correction on the market, now the token is trading at$5.91.

The EOS ecosystem is extremely complex and its management is still raised in the community. The biggest challenge for the system is scalability and the ability to perform light but secure transactions. EOS promises to create a whole decentralized ecosystem that will run at a sufficient speed compared to conventional software.

When it comes to the market price of EOS and value, we often hear statements that EOS is the "killer of Ethereum," an ecosystem that will grow a new crop of decentralized applications. Some believe that EOS will outperform Ethereum in terms of market price, as well as credibility in the cryptocurrency industry. This also means that EOS is theoretically able to displace similar platforms from the market that replicate the Ethereum model - for example, NEO, Stellar, QTUM, TRON, VeChain and others. However, while this competition is not only a bright leader, but also a system of success assessment, so Ethereum remains the main opponent of all such platforms.

The EOS ecosystem will be presented to the community as soon as the code is fully developed and the governance rules are in place. However, at the moment, implicit speculative forces can have a significant impact on the market.

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Lewoll
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April 07, 2018, 07:04:35 PM
 #2

when Bitcoin is dropping that doesn't mean every coins will drop because there are certain number of altcoins that their worth are on the project and EOS is one of them.
EOS proved that they're not relying on Bitcoin's market value but instead they have a very good project that will offer it's investors higher chance of not losing their assets.

silent17
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April 07, 2018, 07:07:20 PM
 #3

Well, The thing is EOS on my opinion really has a good supporter that really believed in the coins value, that's why the price is not going down unlike the other tokens.
jason.romano
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April 08, 2018, 09:00:55 PM
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though i have less knowledge about EOS Token, anyways Thanks for your suggestion, I have to study more about it. After getting clear vision ill look forward it. Some people say EOS have very good coin value. lets see what happens.
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