EOS Hold First Place in China’s Crypto-Rating Index, Future Prediction
The 3rd monthly report of the Chinese Gov for its Cryptocurrency Rating Index is released. This time, 31 top digital currency projects are listed. EOS is positioned again first and leading while Ethereum follows second.
The rating index has started back in May 2018 by CCID [China’s Center for Information Industry Development]. The coins are set in their places depending on what they can offer when it comes to: innovation, application and tech potential. Even that EOS is in the same position leading, its rating dropped [161.5 to 145.6].
EOS – It is a project that is attempting to fix existing problems that its former depending-from network Ethereum blockchain is facing. One of them being reaching complete decentralization which cannot happen immediately as its governing does not come from the community but form a foundation.
Many are pointing ahead to a token price of above $30.00 at the end of the year. All this due to its MainNet launch that is running but mostly from a could-take place similar bull run how Ethereum experienced the last year.
EOS price is currently correcting lower after trading a double-top pattern close to the critical resistance at $9.0. EOS/USD is up over 5% on the day, although it is currently trimming gains.
In the top ten by market capitalization, the pair EOS/USD is appreciating the highest gain, followed by TRON at 2.63% in the green.
According to China’s rating index, third is positioned Nebulas at 108.8, followed by GXChain at 108.3. The world leading Bitcoin has climbed from the 17th to the 16th.