{"id":43467,"date":"2019-05-28T07:41:38","date_gmt":"2019-05-28T05:41:38","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=43467"},"modified":"2019-05-28T07:41:41","modified_gmt":"2019-05-28T05:41:41","slug":"eos-fomo-heats-up-pushing-crypto-markets-to-new-ten-month-high","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/eos-fomo-heats-up-pushing-crypto-markets-to-new-ten-month-high\/","title":{"rendered":"EOS FOMO Heats Up Pushing Crypto Markets to New Ten Month High"},"content":{"rendered":"\n<p>Another day brings another new 2019 market capitalization\nhigh for cryptocurrencies. There seems to be no stopping the bulls at the\nmoment as Bitcoin takes a breather just below $9k.<\/p>\n\n\n\n<p>The altcoins are in the driving seat today and one in\nparticular is making big moves. <a href=\"https:\/\/ethereumworldnews.com\/eos-price-rallies-15-btc-eth-xrp-gaining-momentum\/\">EOS\nhas spiked 15 percent<\/a> today to flip Litecoin and take fifth spot on the\nmarket cap charts. From $6.90 the Ethereum rivaling token surged to an intraday\nhigh of $8.05 before pulling back slightly. Daily volume for EOS has pumped to\n$5.2 billion and its market cap is now over $7 billion. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FOMO For EOS on B1 Hype <\/h2>\n\n\n\n<p>EOS is currently the <a href=\"https:\/\/coinmarketcap.com\/currencies\/eos\/\" rel=\"nofollow noopener\" target=\"_blank\">top performing<\/a> altcoin in the top one hundred and its performance has pushed total crypto market cap up to a new high for the year. The big Washington EOS event on June 1 appears to be driving momentum. The B1 event will include an updated roadmap, a yearly product release cycle, and updates on the B1 social media dApp. Additionally B1 have registered the trademarks MEOS and XEOS and big announcements are expected for the platform. <\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"und\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/B1June?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#B1June<\/a><a href=\"https:\/\/t.co\/SWnpm3aFmI\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/SWnpm3aFmI<\/a> <a href=\"https:\/\/t.co\/zUCBbcKKOx\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/zUCBbcKKOx<\/a><\/p>&mdash; block.one (@block_one_) <a href=\"https:\/\/twitter.com\/block_one_\/status\/1110187813008375809?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">March 25, 2019<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>There is also recent news that Block.one purchased 3.3\nmillion tokens worth of RAM on the mainnet in the run up to the event.<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">BREAKING: <a href=\"https:\/\/twitter.com\/block_one_?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@block_one_<\/a> just purchased 3.3MM EOS worth of RAM ($20MM) on <a href=\"https:\/\/twitter.com\/hashtag\/EOS?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#EOS<\/a>. Are they deploying a product on June 1? <a href=\"https:\/\/twitter.com\/hashtag\/bullish?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#bullish<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24eos&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$eos<\/a> <a href=\"https:\/\/t.co\/coCCR3TCgA\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/coCCR3TCgA<\/a> <a href=\"https:\/\/t.co\/tcsPrRtf6u\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/tcsPrRtf6u<\/a><\/p>&mdash; EOS New York (@eosnewyork) <a href=\"https:\/\/twitter.com\/eosnewyork\/status\/1133056603924705280?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 27, 2019<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The Chinese have also given EOS a boost by ranking it above\nboth Tron and Ethereum though these ratings are highly subjective. The FOMO is\nflying today as EOS reaches its highest price since July 2018. <\/p>\n\n\n\n<p>Litecoin continues to climb adding another 2.5 percent today\nto remain over $115 and it is very close in terms of market cap to EOS. <\/p>\n\n\n\n<p><a href=\"https:\/\/ethereumworldnews.com\/tag\/tron\/\">Tron<\/a>\nand BitTorrent token are also on a roll today climbing 10 and 13 percent\nrespectively. BTT has just been listed on KuCoin and the BT file system is\nabout to be launched which, according to the blurb, aims to be the number one\ndecentralized file storage plan for developers. Justin Sun has been promoting\nthe project leading up to its launch later this week and his two tokens are\ngetting their share of the daily FOMO;<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Welcome to the next generation of decentralized storage systems! <a href=\"https:\/\/twitter.com\/hashtag\/BTFS?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#BTFS<\/a> will be the largest decentralized P2P storage network with close to 100 million <a href=\"https:\/\/twitter.com\/BitTorrent?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@BitTorrent<\/a> user nodes, over 1000 <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#TRON<\/a> full nodes, 27 SR nodes, and global <a href=\"https:\/\/twitter.com\/hashtag\/TronGrid?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#TronGrid<\/a> nodes. 3 days left! Are you excited? <a href=\"https:\/\/t.co\/Gj3TzTM1Qg\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Gj3TzTM1Qg<\/a><\/p>&mdash; Justin Sun\ud83c\udf1e (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1132949563268947969?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 27, 2019<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>A few hours ago total crypto market cap hit a <a href=\"https:\/\/ethereumworldnews.com\/crypto-markets-surge-25-billion-as-bitcoin-hits-new-highs\/\">new\n2019 and ten month high<\/a> of $278 billion. It is currently up $5 billion, or\naround 2 percent, from yesterday\u2019s levels, largely driven by altcoin movements.\nBitcoin\u2019s market dominance has fallen back below 57 percent but only just. That\ncould all change if BTC surges to $9,600 as analysts predict. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another day brings another new 2019 market capitalization high for cryptocurrencies. There seems to be no stopping the bulls at the moment as Bitcoin takes a breather just below $9k. The altcoins are in the driving seat today and one in particular is making big moves. EOS has spiked 15 percent today to flip Litecoin and take fifth spot on the market cap charts. From $6.90 the Ethereum rivaling token surged to an intraday high of $8.05 before pulling back [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":13119,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[825],"tags":[6886,2006,5827,207,1036],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/43467"}],"collection":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=43467"}],"version-history":[{"count":0,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/43467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media\/13119"}],"wp:attachment":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=43467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=43467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=43467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}