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EOS Moves Ethereum Holdings, Frightens Investors

EOS Moves Ethereum Holdings, Frightens Investors

The asset will be delisted from Livecoin soon, ahead of the token exchange ter June.

The EOS digital asset is, merienda again, an arousing proposition that also invites criticism. EOS hovers around $Five.89, within its usual range, growing by about 5% overnight. The EOS project, however, came under fire for allegedly selling its Ethereum proceeds on the open market, depreciating the ETH price.

Recently, the EOS crowdsale wallet wasgoed left almost empty, but it turned out the project just moved most of the funds to another wallet. Presently, the ETH market price remains low, at $396.60.

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EOS ether cómputo has decreased from 411146.16 $eth to 0.0 $eth =&gt, https://t.co/7S6zM0k9Mc

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Meantime, the daily auctions keep raising inbetween 28,000 and 31,000 ETH tokens, while the EOS price fluctuates inbetween $Five.70 and $6, generally similar to the market price. There are only 53 daily auctions left before EOS moves on to the next stage. Thus, ter the coming two months, the price of EOS may proceed to be affected by the daily sale price.

At the ogenblik, owners of EOS tokens are already urged to prepare for the mainnet launch, by registering their ERC-20 tokens on the EOS webstek. At the uur, EOS only exists on the Ethereum network, but the snapshot for token owners is expected on June 1. At this point, it is unknown how the event would affect the price.

Another deadline looming for EOS is a delisting from Livecoin, just a week ahead of the snapshot, on May 23. Balances left on the exchange are not recoverable after that date. The reason for the delisting is possibly the enormously low volumes on the exchange. EOS trades on many niche exchanges and markets, but trading remains spread around the top Asian exchanges, and most prominently, Binance and Bithumb, each with more than 15% share of trading.

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Additionally, EOS is organizing a entero hackathon beginning ter June, with a grand finale and a $150,000 prize ter December. However, the project will have to prove itself with a stable mainnet, spil its popularity now mostly hinges on speculative trading, and a history of rapid price appreciation from $0.50 to spil high spil $20.

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3 thoughts on “EOS Moves Ethereum Holdings, Frightens Investors

  1. _murlcync says:

    I never had problems with this exchange. The truth I trade it on it uncommonly because I choose exchanges with higher volumes. But sometimes it happens that the token is traded on only one exchange.

  2. rottiegirl25 says:

    I have not bot able to ascertain if livecoin.netwerk scam

  3. Lynn1229 says:

    Every one should update their problem merienda it is not solved for more than 48hrs because for some transaction they are doing by hand. so maybe they, want to verify it very first so that no one ter disadvantage again !

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