EOS and its price a dilemma
This is a EOS price chart from coinmarketcap.com
EOS has been distributing 2,000,000 coins every day. So in simple terms EOS is dumping coins everyday but the surprising fact is the the coin valuation is still remaining the same. How can this be possible ?
I am a great fan of Dan and the work he does is revolutionary, so I believe he is going to deliver for sure. But my concern is also valid how can the price not come down and how come everyday people are dumping so much ETH for EOS ( which is still under development )
This is only possible if there is price manipulation done at a higher level. If its true this is really bad and dangerous.
Please share your thoughts and some insights to how can they maintain such price for so long.
This is a good point i'm holding EOS right now so I will definitely be watching this situation closely. Thanks for sharing...peace!
All coins are up except EOS. Even I am holding and hopefully it will worth it.
Check out my post about where I explain why.
Congratulations @biswakayan.das! 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 @biswakayan.das! 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!