EOS surge - what's going on?

[ARtema]

Can anyone explain the reasons of such incredible EOS price movement today?
Are there any fundamental reasons?

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[Jimmy palumbo]

Because EOS has a snapshot recently, it will airdrop tokens.
That's why EOS prices have risen so much, but when EOS prices have risen sharply, someone has chosen to sell.

[ankurguta87]

EOS rally appears to be primarily connected to the eosDAC airdrop, whose blockchain snapshot is scheduled for April 15.

On that date — which marks the 300th day of the EOS initial coin offering (ICO) — all Ethereum wallets holding at least 100 EOS tokens will receive an equivalent number of eosDAC tokens, which will ultimately be transferred to the EOS mainnet once it launches later this year. Users holding fewer than 100 EOS tokens will eventually be able to claim their airdropped eosDAC tokens as well, though they will have to do so manually.

[TashBLIL]

Also Antpool, the world's second largest miner, has just announced it wants to become an EOS block producer

[kryptqnick]

Because EOS has a snapshot recently, it will airdrop tokens.
That's why EOS prices have risen so much, but when EOS prices have risen sharply, someone has chosen to sell.

EOS airdrop is definitely the top reason for such breakthrough in price, but I would say that EOS hackathon news are also pretty important here. At least, these are the news their official twitter channel currently has.
I wonder why in the Russian cryptocurrency news online people are mainly saying that EOS is a ponzi and the price pump is not worth attention, since the project is very dubious.
I think EOS is pretty cool and legit. Attracting attention to any top cryptos is very important, because generally the market is doing really bad.

[ARtema]

EOS rally appears to be primarily connected to the eosDAC airdrop, whose blockchain snapshot is scheduled for April 15.

On that date — which marks the 300th day of the EOS initial coin offering (ICO) — all Ethereum wallets holding at least 100 EOS tokens will receive an equivalent number of eosDAC tokens, which will ultimately be transferred to the EOS mainnet once it launches later this year. Users holding fewer than 100 EOS tokens will eventually be able to claim their airdropped eosDAC tokens as well, though they will have to do so manually.

Thanks mate!
I've also found that Antpool is campaigning to be an EOS block producer.

[postokenlover]

The recent surge in EOS prices is due to the April 15th air drop tokens, and one important reason is that people look forward to the June main network. EOS is called the largest ICO in history, and is also known as an important project that can exceed the ETH. There's really a lot to look forward to.

[ARtema]

Also Antpool, the world's second largest miner, has just announced it wants to become an EOS block producer

And that's not good, is it?  

[ELE.ZYK]

The rise in EOS prices certainly has a lot of good news. In particular, all the coins have risen to varying degrees in the past two days.