Critics of EOS have once again received a decent response - this digital asset seems to have an infinite growth potential, and it very easily takes off. For a day, EOS has risen in price by almost 50% (to $ 8.9), now the token is traded at $ 8.34 and replaced Litecoin from the fifth position in terms of capitalization (on CoinMarketCap).
Earlier, the market price of EOS repeated the dynamics of daily auctions. Now there are about 100 auctions, and the market can continue to react to the results of their conduct. It is curious that after a few days of impressive daily auctions one day a market anomaly occurred. As a rule, the price of EOS at the auction was about $ 6. But on the day of auction # 297 the price reached just 0.03 $, and during the auction it was collected only 187 ETH, although there were usually about 28 000 ETH.
During the next auction (No. 298), more than 11,000 ETH have already been collected, and the price can still grow significantly by the end of the auction. This anomaly gave critics an excuse to resume conversations about price manipulation. Earlier, the project was accused of organizing a fictitious turnover of Ethereum in order to raise the price of the auction and the subsequent manipulation of the price of EOS in the markets. The daily EOS auctions were suspiciously consistent in terms of the number of ETH tokens involved and the relatively low price volatility.
In addition, there are rumors that Antpool is trying to become (read - "buy a post") block manufacturer in the expected main network, which will be launched in June. From this point of view, it is possible that a significant market EOS pamp could be organized in order to make the price inaccessible to others wishing to obtain this "post". As you can see, the EOS network still faces management problems.
There is also a more transparent justification for such a sharp increase in the cost of the EOS token - this is the forthcoming DAC. April 15 will be made snapshot balances, and each user who has more than 100 EOS tokens will receive "free" new tokens. Perhaps, it is this fact that explains the significant increase in the trading volume of this crypto currency. At the same time, it should be remembered that the Eyrdrop also makes the EOS asset a rather risky investment during this period, because speculators can try to use the excitement for their own purposes: