EOS Price Hikes After Mainnet Release – Details
The EOS price went up by 16 percent on Saturday following the release of the blockchain project’s open-source mainnet software.
Today’s EOS price surge came as part of a wider market rally, but the token nevertheless managed to outpace every other cryptocurrency ranked in the top 100.
EOS spent most of the day trading just over the $12.00 mark but began to surge at approximately 6:15 UTC on Saturday morning. Within hours, the EOS price had peaked above $14.40 on Bitfinex, though it has since declined to a present value of $14.07.
EOS now has a market cap of about $12.5 billion.