Story
EOS Surges Over 11% in Sharpest Daily Gain Since August
The cryptocurrency EOS recorded a significant double-digit gain on Friday, marking its strongest single-day performance in several weeks. The token's price rose 11.65% to reach $0.0824 by 23:34 (03:34 GMT), according to data from the Investing.com Index.
Price Action
The upward move was the largest one-day percentage increase for EOS since August 21, according to the report. The rally took place amid notable trading activity for the digital asset.
Key figures for the 24-hour period include:
- Trading Range: $0.0782 to $0.0824
- Trading Volume: $311,522.20
AdOver the past seven days, EOS has gained 5.36%, trading within a range of $0.0723 to $0.0839.
Market Context
Despite the recent bullish momentum, EOS remains substantially below its historical peak. At its current price, the token is still down 99.64% from its all-time high of $22.98, which was set on April 29, 2018. At its peak, the project's market capitalization reached $17.529 billion.
The broader cryptocurrency market also saw gains, though more modest. Bitcoin was up 1.26% to trade at $77,387.9, while Ethereum gained 1.54% to reach $2,473.55, based on the Investing.com Index.
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