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RE: As Hilarski predicted EOS airdrop token got sold off immediately after Blockchain Snapshot
I tend to disagree sir! EOS has risen significantly the week before (from 6-9$), and the drop started well before the snapshot. If you are not a daytrader the drop after April 15 is irrelevant:
The more important news, relevant for the spike imo, was the release of the feature complete testnet, that has received rather positive feedback from the devs.
The sharp decline immediately after the snapshot was the drop in demand. There are of course multiple reasons for the price rise generally. But that graph whiplash is definitely mostly because of the EOSDac snapshot. I think that EOS could eventually replace ETH. I'm a programmer involved in this field now. Solidity is cumbersome to work with and ETH hasn't scaled yet. With EOS you can use your C/C++ directly.