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EOS Plunges Over 10% in Steepest Daily Drop This Month

EOS (EOS) plunged more than 10% in early trading on Friday, hitting a price of $0.0715 and marking its most significant single-day loss in recent sessions. The sharp decline outpaced losses seen in major cryptocurrencies like Bitcoin and Ethereum.
Details of the Price Move
According to data from the Investing.com Index, EOS was down 10.06% as of Friday at 05:01 (21:01 GMT). This represents the token's largest single-day percentage drop since September 4, 2026.
The sell-off pushed EOS to the bottom of its 24-hour trading range, which spanned from a high of $0.0795 to a low of $0.0715. Over the past seven days, the token has traded between $0.0713 and $0.0865.
Market Context and Historical Performance
AdThe latest downturn continues a long-term trend for the cryptocurrency, which is now trading 99.69% below its all-time high of $22.98, set on April 29, 2018. The move sharply reduced the token's total market capitalization. Trading volume for EOS in the 24-hour period was reported at $26,787.40.
The decline in EOS was more severe than the broader market's performance. For comparison, other major digital assets also saw losses, but on a smaller scale:
- Bitcoin (BTC) fell 2.31% to trade at $79,714.0.
- Ethereum (ETH) was down 2.35% to $2,452.10.
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