EOS Surges 10% as Investor Confidence Grows
EOS saw a notable increase of 10.28%, trading at $0.6171 as of 00:06 (05:06 GMT) on Saturday, marking its largest single-day gain since November 10. This rally boosted its market capitalization to $918.38 million, representing 0.03% of the total cryptocurrency market cap, a far cry from its all-time high of $17.53 billion.
In the previous 24 hours, EOS fluctuated between $0.5853 and $0.6171, while over the past week, the token rose 28.27%. Trading volume for EOS in the last 24 hours reached $254.05 million, accounting for 0.13% of the total market volume. During the past week, it traded within the range of $0.4844 to $0.6295.
Despite the recent gains, EOS remains significantly below its peak, with the current price down 97.31% from its all-time high of $22.98, set in April 2018.
Other Cryptocurrency Movements
Bitcoin was trading at $91,272.4, up 4.38% on the day.
Ethereum rose by 3.37%, reaching $3,127.94.
As of the latest data, Bitcoin's market capitalization stood at $1.81 trillion, comprising 59.58% of the total cryptocurrency market, while Ethereum's market cap was $376.99 billion, making up 12.44% of the total crypto market.
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