EOS at $1.61?
I am new in the community and I can't understand why this is happening. Is it because of EOS?
Why is there a free fall on the value of EOS and every crypto coin in the last few days?
(Since the launch of EOS Distribution)
EOS : $1.61 , -21.60% (24h)
Ethereum : $196.41 , -10.34% (24h)
...
source: https://coinmarketcap.com/
The answer is simple, the ICO is not over and 2 million tokens will continue to be dumped on the market everyday for a year. http://eosscan.io/
Ok I go it, but what about everything else? Does the EOS affects so much all the crypto coins?
I don't know about everything else, crypto goes up and down, it's about enjoying the ride.
Congratulations @theofilos13! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @theofilos13! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @theofilos13! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!