EOS, Ripple (XRP), & Stellar (XLM) – The cryptocurrency market made quite the surge within the past 30 days, as it hit over $470 billion this past week. At press time, however, the market is sitting just above $435 billion.
Source: CoinMarketCap[1]
EOS remains the dominant coin on the market this morning, as Ripple (XRP) and Stellar (XLM) have corrected in price gains.
EOS
Source: CoinMarketCap[2]
As you can see from the chart above, EOS has had a monumental price run-up and hit all-time record highs on April 28th and 29th. Since those highs, EOS’s price has corrected but remains the only coin within the top 20 that is currently seeing price gains to start out the week.
Dan Larimer, EOS’s founder, published a Medium[3] blog post three days ago highlighting EOSIO Dawn 4.0 that will be released on May 11th, via Github. Since the 3.0 launch last month, the team at EOS has been focusing on stabilizing the EOSIO software by focusing on a proof of concept for inter-blockchain communication.
EOS’s main net launch is set to launch on June 2nd. At that time its ERC20 tokens will switch from the Ethereum network, to be fully supported on the EOS blockchain.
I expect many more price run-ups for EOS in the month of May, leading up to its main net launch. The coin passed Litecoin and remains strong as the fifth cryptocurrency, but will it pass Bitcoin Cash to gain the fourth spot? We shall see.
At press time, EOS is trading at $17.78 a coin, up 3.28%, in 24 hours.
>> Biggest Crypto Gainers in April[4]
Ripple (XRP)
Ripple has
