EOS going upwards

EOS token based on Ethereum platform showed a significant price rise within past week
21 November 2017   1803

EOS is the token of EOS.IO software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications, which provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and clusters.

EOS showed a fast price increase within past week rising from the price of $1,10 with market capitalisation of $13 million on November 13 to the price of $2,10 with market capitalisation of $2 billion on November 21.

November 21 is marked by the first time when EOS' market capitalisation hit the point of $1 billion.

EOS token Charts november 2017EOS Charts

What is more, currently EOS takes the 1st place in the full list of tokens ranked by market capitalisation volume, overtaking positions of OmiseGo token, which remained at the 1st place for quite a long period of time.

List of tokens ranked by market capitalisationList of tokens ranked by market capitalisation

Such a significant price increase may be linked to the announcement of Huobi.Pro exchange which stated that it is going to launch EOS on its platform. The announcement was made on November 18 and EOS/BTC and EOS/ETH trading also started at 14:00 on November 18, 2017. Previously, Huobi.Pro announced launch of OmiseGo token on its platform.

At the moment of press, these are main market parameters of EOS token:

  • Average price: $1.94
  • Marketcap: $950,509,541
  • 24h volume: $58,743,600

Eosfinex Exchange to be Launched

It is state that eosfinex is the first scalable exchange ecosystem based entirely on the EOS protocol
31 July 2019   254

The developers of the eosfinex cryptocurrency exchange this Tuesday reported on the full launch of their platform.

Eosfinex is Bitfinex's sister platform and is based on the EOS protocol. This structure allows for a decentralized exchange of cryptocurrencies, since the placement of applications, their comparison and storage of user assets in this case is carried out using blockchain resources, and not by the company itself.

Eosfinex is declared as the first scalable exchange ecosystem based entirely on the EOS protocol.

According to the developers, the site provides a decentralized exchange of cryptocurrencies - the placement of applications and storage of user assets is carried out through the blockchain, and not by the company itself.

eosfinex Exchange
Eosfinex Exchange

There are four trading pairs on the platform: RAM / USDT, EOX / USDT, EMT / USDT and EOS / USDT. The exchange supports several types of orders and allows you to connect using accounts in the EOS blockchain directly or through a Scatter wallet.

The beta version of EOSfinex was presented on March 28. Initially, the launch of trading was planned for July 25, but was postponed due to the “need for further improvements” of the site.