RATE Group | Months After the Launch of MainNet EOS Yet to Challenge Ethereum. The Bulls Hang On As E…
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Months After the Launch of MainNet EOS Yet to Challenge Ethereum. The Bulls Hang On As E…

26 Aug Months After the Launch of MainNet EOS Yet to Challenge Ethereum. The Bulls Hang On As E…

Posted at 19:44h in Ethereum News by

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EOS News and Price

Months After the Launch of MainNet EOS Yet to Challenge Ethereum

EOS was promoted as the Ethereum killer and in fact kept the community expectant over the prolonged ICO that many described as unending that later did end before the platform’s MainNet was launched. Since then, EOS has had a few problems that may be attributed to its newness in the cryptosphere.

However, the coin is yet to mount a serious challenge to Ethereum as the go-to platform for decentralized applications and smart contracts as expected.

Granted, EOS has made some giant steps such as gaining a market share that saw it move from the 12th position up to 5th. The cryptocurrency now has a market capitalization of $4,436,874,545 USD, down from $7,511,110,027 USD to mainly to the bearish coin market. Its price fell from $12.79 at the beginning of the year to $5.03 today. There seems to be little hope that it will surge to its high of $22 as witnessed in the last week of April.

EOS and Others Duke…

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