EOS fights to defend $8 level following strong Monday rally

EOS fights to defend $8 level following strong Monday rally

The EOS performance has been additionally boosted by news that EOS developer Block.one is poised to make a major announcement on June 1. EOS has also retained its top place in China’s latest cryptocurrency rankings.

Published every month by the Center for Information and Industry Development (CCID), the rankings evaluate a number of the most popular and/or promising blockchain networks. In the latest edition, the top 5 is comprised of EOS, TRON, Ethereum, Steem and Ontology, while the market leader Bitcoin is in 12th place.

In today’s trading, the EOS price stood at $8, as of 14:09 BST. The digital coin has gained just over 12% in the past 24 hours. Its total market cap currently stands at $7.3 billion.

Featured image: Wit Olszewski / Shutterstock.com

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The post EOS fights to defend $8 level following strong Monday rally appeared first on The Independent Republic.

 

source: https://theindependentrepublic.com/eos-fights-to-defend-8-level-following-strong-monday-rally/

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