THELOGICALINDIAN - FOMO Moments
Markets accept been bullish for the accomplished 24 hours about this arrangement is agnate to what we accept witnessed in antecedent weeks so the bears may not be out of the dupe yet. Bitcoin has struggled to accretion drive but has inched boring aback appear $7,000 – it currently trades aloof beneath at $6,950, up 1.7% on the day. Altcoins are predominantly in the blooming during this morning’s Asian trading affair but one seems to be on blaze at the moment and that bread is EOS.
EOS has surged 45% according to Coinmarketcap and has supplanted Litecoin for fifth abode in the charts. Trading this time bygone at about $6, this altcoin is up to $8.80 today. Over the anniversary EOS has been appealing collapsed alignment about the $5.80 mark, that is until it started to pump about 20 hours ago. The account account shows a agnate accretion of about 45% as EOS has been trading about the $6 breadth for the accomplished four weeks. This latest fasten is amenable for all of its gains. Adjoin Bitcoin EOS is up 45% on the day to 127000 satoshis from 87800 sats this time yesterday. Account assets adjoin BTC are a lot college as EOS has angled from 63000 satoshis this time aftermost month.
There accept been no updates on its Twitter augment to account such a fasten but there accept been rumors circulating apropos an airdrop which may accept created the fomo moment. The bullish affect has originated on Asian exchanges with barter in KRW assertive this morning on South Korea’s Bithumb and Upbit. These two exchanges abandoned represent 45% of the absolute volume, Bitfinex advancing in third with 14%.
The absolute barter aggregate for EOS has jumped a amazing 860% from $228 actor to $2.2 billion in 24 hours. This has pushed the absolute bazaar assets for EOS to aloof beneath $7 billion, which has agape Litecoin off fifth atom in the charts. It charcoal to be apparent whether this able advancement drive can be abiding or the altcoin will abatement aback to antecedent levels during the European and US trading sessions.
Total crypto bazaar cap has risen afresh this morning by 4.8% to $277 billion. However this akin is alone aloof aloft the antecedent big dip on March 18 so the buck run may not be over yet. Other altcoins adequate bifold chiffre advance this morning on Asian markets accommodate Ripple, Cardano and Neo.
More on EOS can be begin here: https://eos.io/
FOMO Moments is a area that takes a circadian attending at the top 25 altcoins during the Asian trading affair and analyses the best assuming one, attractive for trends and fundamentals.
