EOS price jumps 20% for biggest gain in 15 months — What’s fueling the uptrend?
EOS attempts to become a fully decentralized network following a key hard fork in September. EOS rose approximately 20% to reach $1.66 on Aug. 17 and was on track to log its best daily performance since May 2021.Initially, the EOS rally came in the wake of its positive correlation with top-ranking cryptocurrencies like Bitcoin (BTC) and Ether (ETH), which gained over 2% and 3.75%, respectively. But, the upside move was also driven by a flurry of uplifting updates emerging from the EOS ecosystem.EOS/USD daily price chart. Source: TradingViewEOS incentive program launchOn Aug. 14, the EOS....
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