It’s green skies for crypto today, including EOS and Litecoin (LTC). What’s happening with these coins?
EOS is currently selling for $8.34, which puts the coin up 14.06% in the past 24 hours.
EOS had a bumpy start to its mainnet launch, to say the least. And the hiccups certainly aren’t over yet. Despite being up for the last 24 hours, EOS has been dropping for the last seven days, dropping nearly 20% since last Monday.
The coin started climbing again on Sunday, after hitting a low of $7.19, and we’re just going to have to wait and see whether this climb will be enough for it to recover its price leading up to the date when its mainnet was supposed to launch (ah, those were blissful days).
It’s not all rocky news for EOS though. Last week, the China Electronic Information Industry Development (CCID) released a new version of its blockchain rankings (which previously listed Ethereum [ETH] as the number one blockchain). In the updated list, CCID rated EOS as the number one blockchain in China.
Some good news for the fifth largest cryptocurrency right now is much needed. Will it be enough to maintain the price of the coin?
Is EOS the number one blockchain for you?
Litecoin (LTC) is currently selling for $83.17, which puts the coin up 8.46% in the past 24 hours.
Litecoin’s price is also looking towards what is hopefully a recovery. In the past seven days, LTC has lost nearly 13%. Litecoin started climbing again on Sunday, after hitting a low of $74.39. Keep an eye on LTC to see how much further it might climb.
Most recently, a Litecoin futures trading venture was announced, which was successfully launched on Friday by a UK company called Crypto Facility.
LTCUSD futures launch has been a great success.
– $15M notional volume in first 12 hours of trading.
– 100% Segwit wallet use
– M-address for deposits
– Bech32 validation
— Crypto Facilities (@CryptoFLtd) June 23, 2018
Would you short or long Litecoin?
Featured image: babilkulesi via Pixabay