EOS Rebounds with 10% Surge, Could It Climb Higher?

Is EOS on the Rebound?

EOS surged by 10.14% on Saturday, marking its biggest one-day gain since early March. This surge has pushed EOS's market cap to $1.1746 billion, but it still pales in comparison to its peak of $17.529 billion.

How High Will EOS Climb?

EOS has traded within a narrow range in the past 24 hours, between $0.9695 and $1.0539. However, over the past week, it has gained 2.35%, suggesting that there could be more upside potential.

EOS: A Bargain at Current Prices?

Despite its recent gains, EOS remains significantly below its all-time high of $22.98, which it reached in 2018. At its current price, EOS is trading at a discount of 95.42% compared to its peak. This could make it an attractive investment for those who believe in the long-term potential of the EOS blockchain.

Cryptocurrency Market Roundup

Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, also posted gains on Saturday. Bitcoin rose by 1.49% to $64,804.6, while Ethereum gained 3.03% to $3,387.10. Bitcoin's market dominance remains strong at 51.52%, while Ethereum's market share has increased to 16.48%.