The cryptocurrency fell 10.10% in just one day, dropping to $0.0944 as of 10:25 p.m.
This is likely the asset’s sharpest decline since early February.
Due to this collapse, EOS’s market capitalization has effectively been reduced to zero, and it now accounts for a negligible share of the total cryptocurrency market. Looking back, this asset’s market capitalization once reached a substantial $17.5290 billion. The contrast is simply staggering.
Over the past 24 hours, the price of EOS has fluctuated between $0.0944 and $0.1050. Looking at the week as a whole, the situation appears to be largely stagnant: the price has changed by only 0.82%. Daily trading volume amounted to approximately $299,200, which is practically negligible given the scale of the entire market. Over the past week, the price fluctuated between $0.0919 and $0.1069.
What’s happening with the others?
Bitcoin is also failing to impress investors, trading at $83,503. It lost 2.50% over the day, and its market capitalization now stands at $1.676 trillion, accounting for 59.17% of the total market.
Ethereum has also fallen. Its price settled at $2,569.84, marking a 4.63% decline. Ethereum’s market capitalization currently stands at $313.0939 billion, or 11.05% of the entire crypto industry.