Mar 7 2024: EOS Sees 11% Gain in Favorable Market Conditions
By 21:27 (02:27 GMT) on Thursday, EOS exhibited significant strength, trading at $1.0773 , marking an impressive 10.58% increase for the day. This surge represented the largest single-day percentage gain since March 2.
This upward movement propelled EOS’s market capitalization to $1.2147 billion, accounting for 0.05% of the total cryptocurrency market cap. Notably, EOS’s market cap had reached a peak of $17.5290 billion previously.
Within the preceding twenty-four hours, EOS traded within a range of $1.0633 to $1.0922.
Over the past week, EOS has exhibited strong performance, witnessing a notable 27.81% increase in value. During the twenty-four hours leading up to the present moment, the trading volume for EOS amounted to $286.9470 million, equivalent to 0.16% of the total cryptocurrency trading volume. EOS’s price fluctuated between $0.8584 and $1.1635 over the past seven days.
Despite its recent gains, EOS remains significantly below its all-time high of $22.98, recorded on April 29, 2018, with the current price representing a 95.31% decline from that peak.
In other cryptocurrency updates, Bitcoin surged by 4.50% to $65,946.3 on the Investing.com Index, while Ethereum also experienced a notable gain, trading at $3,784.17, marking a 7.59% increase.
As for market capitalization, Bitcoin’s stood at $1,302.0500 billion, accounting for 51.92% of the total cryptocurrency market cap, whereas Ethereum’s market cap totaled $457.3877 billion, representing 18.24% of the total cryptocurrency market value.
