EOS, often referred to as "Pomelo" in Chinese communities, is a prominent blockchain platform designed for decentralized applications. This article explores its latest price movements, historical performance, and key market metrics.
Current EOS Market Overview
As of the latest data, EOS is trading at approximately $0.4842. The cryptocurrency has experienced a decline of -3.51% in its value. With a circulating supply of 1,558,730,138 EOS, the asset holds the 69th position in global market capitalization rankings.
Key metrics include:
- 24-hour trading volume: Not available (NaN)
- Market cap dominance: Calculated as (circulating market cap / total recorded market cap of all assets) * 100%
- Turnover rate: Reflects market liquidity, calculated as (24h trading volume / circulating market cap) * 100%
Understanding EOS Market Dynamics
EOS operates as a delegated proof-of-stake (DPoS) blockchain, focusing on scalability and user-friendly development. Its market behavior often correlates with broader cryptocurrency trends, currently showing a 0.4 correlation with Bitcoin.
Historical Performance Insights
EOS reached its all-time high price in April 2018. Since then, it has faced market volatility, with its current investment return standing at -54.32% from initial offering levels. The historical low was recorded in November 2024.
Traders monitor 24-hour metrics such as:
- High and low price ranges
- Trading volume and value
- Price volatility amplitude
Analyzing EOS Price Trends
Market analysts use various indicators to assess EOS trends:
- Volume ratio: Currently at 0.93, indicating recent trading activity compared to average
- 30-day and 90-day high/low ranges: Provide medium-term perspective
- Annual monthly performance data: Available for 2019 and 2020
Historical data tables typically include:
- Daily opening, highest, lowest, and closing prices
- 24-hour trading volume in USD
- Market capitalization values
For those interested in deeper market analysis, consider using professional trading tools for comprehensive charting and indicator capabilities.
Market Position and Adoption
EOS maintains significant presence in cryptocurrency markets despite price fluctuations. Its technology enables:
- High transaction throughput
- Decentralized application hosting
- User-friendly account management
The platform's community engagement remains active through:
- Developer communities
- Governance participation
- Network upgrades
Frequently Asked Questions
What factors influence EOS price movements?
EOS prices respond to overall market sentiment, technological developments, platform adoption rates, and broader cryptocurrency market trends. Specific network upgrades and partnership announcements also create price impacts.
How does EOS correlation with Bitcoin affect its price?
The 0.4 correlation with Bitcoin means EOS often moves partially in sync with BTC trends. When Bitcoin experiences significant gains or losses, EOS typically shows similar directional movement though with different intensity.
Where can I safely store EOS tokens?
EOS tokens can be stored in various software and hardware wallets supporting the EOS mainnet. Always choose wallets with strong security features and regular updates. For trading and storage options, explore verified platforms.
What was EOS highest historical price?
EOS reached its all-time high price in April 2018 during the broader cryptocurrency market bull run. The exact dollar value fluctuates when converted from historical Bitcoin pairing rates.
How does EOS inflation mechanism work?
The EOS network utilizes annual inflation for network security and development funding. Token holders participate in governance through staking mechanisms that influence network parameters.
What makes EOS different from other smart contract platforms?
EOS employs delegated proof-of-stake consensus, enabling faster transaction processing and eliminating user transaction fees. Its architecture focuses on scalability for commercial decentralized applications.
Note: Cryptocurrency investments involve substantial risk. Always conduct independent research and consult financial professionals before making investment decisions. Market data provided serves informational purposes only without guarantee of accuracy.