One other day brings one other new 2019 market capitalization
excessive for cryptocurrencies. There appears to be no stopping the bulls on the
second as Bitcoin takes a breather slightly below $9k.

The altcoins are within the driving seat in the present day and one in
specific is making massive strikes. EOS
has spiked 15 p.c
in the present day to flip Litecoin and take fifth spot on the
market cap charts. From $6.90 the Ethereum rivaling token surged to an intraday
excessive of $8.05 earlier than pulling again barely. Day by day quantity for EOS has pumped to
$5.2 billion and its market cap is now over $7 billion.

FOMO For EOS on B1 Hype

EOS is presently the prime performing altcoin within the prime 100 and its efficiency has pushed complete crypto market cap as much as a brand new excessive for the yr. The large Washington EOS occasion on June 1 seems to be driving momentum. The B1 occasion will embrace an up to date roadmap, a yearly product launch cycle, and updates on the B1 social media dApp. Moreover B1 have registered the logos MEOS and XEOS and massive bulletins are anticipated for the platform.

There’s additionally latest information that Block.one bought 3.3
million tokens price of RAM on the mainnet within the run as much as the occasion.

The Chinese language have additionally given EOS a lift by rating it above
each Tron and Ethereum although these scores are extremely subjective. The FOMO is
flying in the present day as EOS reaches its highest worth since July 2018.

Litecoin continues to climb including one other 2.5 p.c in the present day
to stay over $115 and it is vitally shut when it comes to market cap to EOS.

Tron
and BitTorrent token are additionally on a roll in the present day climbing 10 and 13 p.c
respectively. BTT has simply been listed on KuCoin and the BT file system is
about to be launched which, based on the blurb, goals to be the primary
decentralized file storage plan for builders. Justin Solar has been selling
the mission main as much as its launch later this week and his two tokens are
getting their share of the day by day FOMO;

Just a few hours in the past complete crypto market cap hit a new
2019 and ten month excessive
of $278 billion. It’s presently up $5 billion, or
round 2 p.c, from yesterday’s ranges, largely pushed by altcoin actions.
Bitcoin’s market dominance has fallen again under 57 p.c however solely simply. That
might all change if BTC surges to $9,600 as analysts predict.





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