EOS surged by 10.14% on Saturday, marking its highest daily gain since March 7. The price increase is attributed to increased purchasing power, driving the trading value of EOS to $1.1746 billion. Despite this surge, EOS remains significantly below its all-time high of $22.98, recorded in 2018.
EOS Surges by 10.14% in a Single Day
EOS experienced a significant price increase of 10.14% on Saturday, reaching a value of $1.0534 as of 15:27 GMT, according to the Investing.com Index. This surge marks the highest one-day gain for EOS since March 7.
The price rise is attributed to increased purchasing power, which has pushed up the value of EOS. The cryptocurrency's trading volume also increased to $147.7349 million, representing 0.17% of the total cryptocurrency in circulation.
Over the past 24 hours, EOS traded within a range of $0.9695 to $1.0539. The past seven days have witnessed a 2.35% increase in the value of EOS, with a trading range of $0.8808 to $1.0539.
Despite the recent surge, EOS remains significantly below its all-time high of $22.98 reached on April 29, 2018. The current price represents a 95.42% decline from that peak.
Other Cryptocurrency Market Movements
Other notable cryptocurrency price movements include:
- Bitcoin (BTC): Traded at $64,800.1, up 1.49% on the day.
- Ethereum (ETH): Traded at $3,385.46, up 3.03% on the day.
Bitcoin's total trading cap stands at $1,278.3590 billion, representing 51.52% of the total cryptocurrency market cap. Ethereum's trading cap is currently $408.8200 billion, representing 16.48% of the market cap.
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