EOS struggling to let the bulls out - upside breakout pending
EOS has clearly been struggling ever since its all-time highs in April 2018. Trending a path many alt coins have taken.
I call it the dropped ball. EOS's highs bounce lower and lower and are now waiting for someone to pick it up again and lift the ball to new heights.
I expect EOS will be picked up by investors. Ranked #13 by market cap (not counting USDT, BNB & USDC) it ought to be interesting enough considering the value it adds.
---source CoinMarketCap
At its core, EOS.IO acts as a smart contract platform and decentralized operating system. It is intended for the use of large-scale dApps through a decentralized, autonomous company model. The smart contract platform promises to eliminate transaction fees and execute millions of transactions per second. EOS (EOS) is software with blockchain architecture, which was developed to enable both vertical and horizontal scaling of decentralized applications. The EOS software provides accounts, authentication, databases and asynchronous communication and enables applications to be switched over time across multiple CPU cores and / or clusters.
I call it the dropped ball. EOS's highs bounce lower and lower and are now waiting for someone to pick it up again and lift the ball to new heights.
I expect EOS will be picked up by investors. Ranked #13 by market cap (not counting USDT, BNB & USDC) it ought to be interesting enough considering the value it adds.
---source CoinMarketCap
At its core, EOS.IO acts as a smart contract platform and decentralized operating system. It is intended for the use of large-scale dApps through a decentralized, autonomous company model. The smart contract platform promises to eliminate transaction fees and execute millions of transactions per second. EOS (EOS) is software with blockchain architecture, which was developed to enable both vertical and horizontal scaling of decentralized applications. The EOS software provides accounts, authentication, databases and asynchronous communication and enables applications to be switched over time across multiple CPU cores and / or clusters.
