Tag: EOS (EOS)

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Crypto

EOS (EOS) Holders Will Have Tokens Frozen If Don’t Register Them Before June 1st When EOS Mainnet Is Set To Launch

With less than a week before EOS moves to its own mainnet, more than 50% of EOS (EOS) tokens are still not registered on the network. A situation that jeopardizes a few million dollars invested and could, in the worst case, affect EOS (EOS) market prices.

The cryptocurrency wallet Exodus was the first to report the situation, warning that more than half of the holders of the EOS ICO ERC20 tokens, hosted on Ethereum (ETH) blockchain, had not registered or updated their public key to claiming their tokens corresponding to the EOS (EOS) blockchain at the time of the migration to its own mainnet.

Millions of dollars in EOS (EOS) could be frozen after Friday, June 1st

The registration or mapping of EOS tokens, as it is also called, must be done by each of the EOS token owners to associate their Ethereum (ETH) wallet to a public key on the EOS (EOS) mainnet. All this with the aim of having your money active on the mainnet.

What if a wallet is not registered?
It’s exposed to backup logging. The Script will synchronize all the public keys of Ethereum in a block range. If you can locate a public key belonging to an unregistered address, it will generate an EOS public key from the Ethereum public key. The public key of Ethereum should match the public key of EOS. (Note: This is highly experimental, but has been tested to work with high confidence.

EOS (EOS) team

EOS (EOS) is secured on the 5th position in the crypto market

Since its ICO, EOS (EOS), an initiative dedicated to arbitration and digital governance with blockchain, has enjoyed popularity among crypto enthusiasts.

At the moment of this article, the EOS (EOS) is the 5th cryptocurrency with a market cap of over $10,5 billion. At this moment, EOS is traded at $11.92, losing about 3% in the last 24 hours.

EOS team and the cryptocurrency wallets and cryptocurrency exchange platforms trading this crypto recommend users to register their EOS tokens before June 1st, as 23 hours after that date the tokens will be frozen until further notice.

Categories
Crypto

EOS (EOS) Dropped Massively Today – Is EOS Going To Recover?

EOS (EOS) prices, for those who bought a month ago, are still ample margins to go and liquidate positions in strong profit. The short focus and the high risk of area breakage of $14. Is EOS (EOS) the next big cryptocurrency ready to detach itself from the group?

Nathan Reiff asked himself this question on investopedia.com after the digital currency, which was launched in mid-2017, seems to have all the right credentials to return to its historical highs and to surpass them with momentum in accordance with a recent report by Coindesk.

EOS quotations on a roller coaster

Currently, EOS (EOS) is the 5th most capitalized cryptocurrency on the cryptocurrencies market, with about $12,9 billion as market cap.

Today, Friday, May 11th, 2018, EOS crypto fluctuated between $14.40 and $17.70 in a trading session characterized by assignor quotations and a high level of volatility.

At the moment of this article, EOS (EOS) is trading at $15.19, after declining by a massive 17.19% in the last 24 hours. Yesterday, the crypto coin closed at $17.54, a value orbited by EOS since May 3rd, with an only exception, on May 8th when the coin got closer to $19.

What do the graphs say about EOS (EOS)?

Considering the cryptocurrency exchanges on the Bitfinex exchange, EOS (EOS) reached its historical peak on April 29th, 2018 when it reached the $23.03 level against the USD. Despite that massive increase, EOS has dropped quickly to $15.71, a level that corresponds to a Fibonacci retracement of 38.2% since the March 18 rally party.

As is clearly visible from the graph, the coin has fluctuated around the same values against the USD just to drop massively in the last 24 hours, culminating with the drop EOS experienced today.

As the coin is now struggling around $15, as I’ve mentioned above, its near future is not certain. The significant drop registered by almost every coin in the cryptocurrencies market also reflected on EOS (EOS). On the long-term, EOS is gonna come back to around its historical values against the USD, some analysts believe.

Categories
Crypto

EOS (EOS) Registers Increasing Gains – EOS Is Going To The Moon

The outstanding development of EOS (EOS), the 5th most important cryptocurrency on the market now, will intensify over the weekend as it outshines the two-digit gains of 24.39% in relation to the USD. On the past week, there is only the TRON (TRX) that was able to move nearer EOS with an increase of about 64%.

EOS/USD exceeded its historical maximum

The EOS/USD rose above its historical maximum of $18.50. The EOS market cap gained 300% during April, increasing from $4 billion on April 1st to about $12 billion on April 27th.

It has been a decisive month for the crypto token, which has the goal of decentralizing the cryptocurrency exchanges and facilitating a more user-friendly cryptocurrency trading.

Correspondingly, new events will be following, which might push up rates in the exact same manner as it’s happening as we speak.

EOS (EOS) price

At the moment of this article, EOS cryptocurrency is trading at $20.30 as it gained 7.20% in the last 24 hours.

A long-term prediction says that EOS coin will reach about $44 by the end of 2018. An even longer forecast predicts that EOS will be trading at $107 by the end of 2023. However, the cryptocurrencies market is a highly volatile one, so these values are just based on the current development of the coin.

Good news surrounds EOS

The good news surrounding EOS (EOS) kicked off on April 6th when EOS.io reported a partnership with Michael Cao and Winnie Liu for regarding a $200 million mutual equity. EOS Global will be focusing on strengthening EOS’s position in Asia through the EOS.io portal.

An additional $100 million collaborative project with FinLab AG followed in the same direction. If you combine robust and trust-building crypto forecasts, overtaking cemented holdings like Bitcoin Cash can’t be a long process.

In conclusion, EOS (ESO) is one of the cryptos which has taken the cryptocurrencies market by storm, recording massive gains in the last period, especially during April when the token pushed up to the 5th place on the market, by market cap.

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