In the last 24 hours, the EOS price has surged from $2.71 to $3.06 by more than 10 percent against the U.S. dollar, reclaiming its position as the 4th largest crypto behind Bitcoin, Ethereum, and Ripple. Last week, Litecoin overtook EOS following a strong 30 percent increase in price. The surge in the price of Litecoin was mainly attributed to fundamental factors that include active development of privacy solutions Mimblewimble and Confidential Transactions. Fueled by the momentum demonstrated by several major crypto assets in the likes of EOS, Ethereum, and Ripple, the valuation of the crypto market rose $2 billion

The post Crypto Rallies: EOS Surges 10% With Exceptional Strength to Hit $2.6 Billion Market Cap appeared first on CCN

Full article