Although weekends are never a great trading period for the future of digital currency values, it looks like the EOS community could not care less. With the value of EOS increasing by 15 percent in the last twenty-four hours, its obvious positive momentum is now more tangible in the crypto world today.
The Increase in the Value of EOS Is Real
While there are lots of anticipations and high expectations around the digital currency, the EOS project is one of those projects that still has almost everything to offer to the public. Even at that, the present momentum of the value of EOS can’t be denied whatsoever, as it’s an enormous sight to behold.
EOS Approaches the $14 Mark Again
More specifically, the latest increase of 15.53 percent in the value of the digital currency has increased to almost $14, which is a bit surprising at the moment. The value of EOS is gradually increasing and gaining momentum because its Mainnet launch is just around the corner.
The Mainnet launch itself will bring about a lot of significant changes in the ecosystem of EOS, which can have a direct influence on the value of the digital currency.
The Value of EOS against Bitcoin and Ethereum
The value of EOS against bitcoin has surged by 12.25 percent in the last twenty-four hours. The EOS/ETH pair has increased by 12.44 percent. Also, another very impressive development is how the trading volume of the digital currency is on the rise.
Although the crypto market boasts of high liquidity, a trading volume of more than $1.738 billion is extraordinary – especially when you consider the effect weekends usually have on the value of digital currencies.
At the moment, the digital currency is doing very well. This present trend is impressive, but no upward trend can be sustained indefinitely, not in the digital currency world.