EOS is ranked at #8, below Binance Coin and Tether and is presently trading in the green zone. The trading volume recorded is $1.496 billion, while the supply has 928,741,113 EOS coins in play. At present, the total market cap of EOS is $3.4 billion. The price grew at a rate of 0.59% in the course of the past 24-hours, which brought it up to $3.66.
BitGo had announced support for the Multi-Signature EOS wallet as well as custody services. BitGo is a leading name in the field of digital asset financial solutions. It is equipped to supply institutional investors with security, liquidity, custody.
Support is over for over 200 tokens [a single API is employed, all are integrated to be a part of it]. Clients can henceforth hold EOS tokens without difficulty, for a smooth experience. EOS was able to raise $4 billion via the Initial Coin Offering which took place prior to the launch of their network.
Ben Chan, the CTO of BitGo stated at an interview with Defiprime, “our culture and approach at BitGo has always been to build infrastructure and platforms…” On Twitter, BitGo has over 35k followers, indicating that they have a rapidly growing fanbase. EOS has a massive number of dApps on its platform [TRON is their closest competitor]. Considering that Voice will soon be up and running, this news couldn’t have come at a more opportune moment.
#EOS is a global token democracy governed by its holders. It’s designed to evolve with its user base without prioritising race, nationality, or religion
— Brendan Blumer (@BrendanBlumer) August 23, 2019
If EOS manages to climb beyond $4 by next week, it will face stiff resistance close to the $4.57 mark. The daily RSI [for 10 periods] stands at $40.60, EOS was about to reach oversold territory on 17th this month. Since then, the bearish momentum has decreased. The MACD line has begun soaring above the signal line since yesterday.