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EOS (EOS) Price Rockets with 31% Gain: Why Should You be Bullish on EOS

Ethereum World News
EOS (EOS) Price Rockets with 31% Gain: Why Should You be Bullish on EOS
Eos crypto

During Wednesday’s [4/12/18] trading session, in general cryptocurrencies are rising on price against the US Dollar. Based on the data from CoinMarketCap, all of the top-ten coins by market capitalization are on the green zone with EOS taking charge and spiking ahead with more than 31.00 percent increase in the last 24-hours.

While the leader bitcoin [BTC] is still struggling to overcome the major $7,000 level, cryptocurrencies like Ripple [XRP – $0.5049], NEO [NEO – $58.82] or IOTA [MIOTA – $1.05] made it past the important marks.

Many are linking EOS price movement today with a possible token airdrop that has been circulating around for the past few days despite that narrowing down the real impacting factor sometimes is very difficult on such a market. However, this is no reason not to be on the bullish sentiment side when it comes to EOS as many arguments do support a more promising future for the coin.

Just to be updated – couple of days ago, the team behind EOS released EOSIO Dawn 3.0 on Github. This is in anticipation of the final release of EOSIO 1.0 that will grace the crypto-verse in June of this year. By releasing EOSIO Dawn 3.0, the EOS team have lived up to their constant project developments which are what crypto-traders and believers look forward to on a daily basis with blockchain projects.

The recent launch of EOSIO Dawn 3.0 proves that the project is on track to develop the much anticipated ‘most powerful platform‘ in the world of blockchain. With June less than 2 months away, the final EOSIO platform will give prominent platforms such as Ethereum and the Tron Mainnet – that is also slated to be released on 31st May – a run for their money and users.

For anybody that has kept track of EOS price movement, it is more dramatic than any other coin there in the game. In Nov 1st 2017, the pair was changing hands at $0.85, while two months later it reached $18.16. Despite the violent sell-off that took place for a couple of weeks now – the price is trading at a strong $7.88.

Another reason that fills EOS with promising value is the large community supporting the project:

The EOS Telegram chat group has over 43,000 very active members.
EOS has an almost similar number of over 43,000 strong on Reddit.
The project is also followed by over 131,000 Twitter users.

The gigantic number of followers who are rooting for the project is equal to gold-craze and hype build up while supporting the crypto-tech build by the team in the community. Many do expect a market reversal on the second quarter and a major wave of bulls based on historical performances of the assets during this time of the year.

The post EOS (EOS) Price Rockets with 31% Gain: Why Should You be Bullish on EOS appeared first on Ethereum World News.

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RootProject Announces New Advisor

The Bureau CCO, Raman Frey, joins RootProject as an advisor.

RootProject is excited to announce the addition of a new advisor, Raman Frey. As we near our token generation event (TGE) and token distribution date (TDD), we are fortunate to add an advisor with expertise ranging from blockchain to non-profit development.

Eos (eos) price rockets with 31% gain: why should you be bullish on eos

Over nearly two decades, Raman Frey has served as a business and non-profit founder whose resume includes an international art gallery and a variety of technology startups, including Dispatch Labs in the San Francisco Bay Area

Raman is currently a founding partner at The Bureau, a blockchain ecosystem and benefit corporation headquartered in San Francisco’s Mission district. The Bureau builds companies and projects at the intersection of environmental, social and governance (ESG) impact and distributed ledger technologies, such as blockchain. It includes two protocols, Dispatch and Constellation, a fund, an incubator/accelerator and an enterprise consultancy, helping legacy businesses and organizations transition to the decentralized future. As Chief Community Officer, Raman runs The Bureau’s thought leadership group, organizing events and producing and co-authoring content related to all things blockchain.

Eos (eos) price rockets with 31% gain: why should you be bullish on eos

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