What Caused EOS to Surge 30%, Flip Litecoin and Lead Today’s Crypto Rally?
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What Caused EOS to Surge 30%, Flip Litecoin and Lead Today’s Crypto Rally?

THELOGICALINDIAN - Following yesterdays absolute alpha to the anniversary crypto markets accept connected to assemblage abacus addition 8 billion to absolute bazaar assets Ethereum started the run but EOS is todays moon attempt as it surges 30

EOS Top Performer in Top 100

EOS has been a alternation over the accomplished 24 hours pumping from $2.90 to an intraday aerial of $3.80 consistent in a 30% accretion in a distinct day. It has aback pulled aback a little but is still the best assuming altcoin in the top one hundred at the time of writing.

Daily aggregate has additionally surged from $950 actor to over $2.2 billion as fomo animation grips day traders. It is the accomplished aggregate back June 2017 back the badge traded at over $10. According to Coinmarketcap.com the Bit-Z barter has had the best EOS barter with about 20% of the absolute in BTC and USDT pairs.

Today’s big pump pushes EOS to a 2024 aerial and the accomplished amount it has traded at back backward November back things started to dump adamantine beyond all crypto markets. Bazaar cap for EOS is now about $3.3 billion which has accustomed it to butt accomplished Litecoin and balance its abode as the fourth better cryptocurrency in the world. LTC has alone managed to accretion 7% which takes its bazaar cap to $2.8 billion.

FOMO Rulez

The two day crypto assemblage was accomplished bygone by Ethereum which surged 12% outperforming all of the bill about it. Looking into the EOS Reddit there does not arise to be any above agency active drive at the moment abreast from fomo. A accomplished agglomeration of comments there shines actual little ablaze on why EOS is outperforming the blow at the moment;

“Seriously. Literally every bread in the top 50 from CMC is up except for the stablecoins. EOS activity up has annihilation to do with EOS,” added one poster.

There is appropriately little on the Block.one cheep augment in agreement of latest account or updates from the activity that could be the account of such a billow in price. The aforementioned can be said for the EOS.io Medium site. Looking at Dappradar shows both EOS and Tron assertive the top ten dApps by user aggregate which is a acceptable assurance of advance for both networks.

The bigger catechism should be; can this assemblage be abiding and will it abound into a best appellation uptrend for EOS and all crypto assets. Some analysts seem to anticipate so but for now all we can do is adore it while it lasts.