The EOS (EOS) cryptocurrency has never looked this appealing for squeeze in a very long time. The last time it was hovering at stream values of $5 was back in midst Mar when it was valued at $4.34 before it set itself for a longhorn run that was catalyzed by the Mainnet launch that was scheduled to occur on the 2nd of June.
Due to the Mainnet launch, EOS appearance at levels of $21.56 on Apr 29th, before disappearing to about $10 4 days before the launch. It would then spike to $14.89 on the eve of the Mainnet event. Since then, it has continued to continue the continual crypto marketplace frustrations that has been brought about by bad news in a bear market.
But all is not lost. Underneath the news of Bitcoin ETFs, Ripple lawsuits and Stellar being listed on Coinbase, EOS is solemnly but certainly attracting DApps (decentralized Applications) that were primarily on the Ethereum height as well as changing the minds of any that were formulation to rise on ETH.
In a chatter a few hours ago, @MeetDotOne – an EOS-centric chatter hoop and page – brought to our courtesy the list of DApps now available on the EOS platform. The chatter was as follows:
— MEET.ONE (@MeetDotOne) August 13, 2018
Further zooming into the infographic provided,a good guesstimate would move the sum number of DApps now grown on EOS to over 100. We also find that the DApps are categorized serve as follows:
- Development Services
- Social Networks
- Data Services
Recent blockchain ratings by the Chinese Government
The Chinese Government, through the China Electronic Information Industry Development (CCID), has ranked EOS in the number one position – for a second time – in a list of best blockchain platforms according to the 3 categories of Technology, Applicability and Innovation. EOS managed to corner out the fan favorites of Ethereum, Nebulas, NEO and Stellar to stay at the tip of the list for a second time.
Considering the fact that more DApps are selecting EOS over Ethereum and that the Chinese supervision ranks the height best, one is tempted to interpretation that the stream cost of the silver is severely discounted. The Bitcoin ETF aftershocks have influenced the value of EOS. The stream value can also could be a good entrance point for any crypto-trader who did not conduct to get some EOS back in Mar when it was valued around $5.