EOS, the sixth largest coin on CoinMarketCap list slipped by 10% on December 4 and ever since has been on a downward spiral. The coin was enjoying last week along with the other major currencies on the green pastures but has now been subjected to the wrath of the bear.
According to CoinMarketCap, the coin plunged by 31.16% over the last one week, at the time of press. EOS was trading at $2.38 with a market cap of $2 billion. The coin registered a 24-hour trade volume of $840 million.
However, the coin saw a 0.01% growth in the past hour, at the time of press.
According to the maximum registered trade volume, DOBI trade reported the highest 24-hour trade volume of $110 million with EOS/BTC pair. The second place is occupied by OKEx with a trading volume of $77 million with EOS/USDT pair, at the time of press.
DOBI trade and OKEx are followed by DigiFine which reportedly registered 24-hour trade volume of $49 million with EOS/USDT pair.
A few days earlier Daniel Larimer, the creator of Bitshares, sent a message that disturbed the EOS community. In his message, Larmier informed his followers that he will not be abandoning EOS and Block.one, but he discovered a project that according to him is a potential crypto token.
EOS also made new when EOSBet acquired accreditation from Curacao, one of the world’s oldest online gambling regulators. EOS manager Frej said:
“We’ve worked relentlessly to make this license succeed and we will continue to strive to be the standard for smart casinos”.
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