Financial News

EOS price struggles as developer activity on platform plunges

By: Invezz
EOS' Block.one targeted by a new lawsuit

EOS price lost over 8% last week to trade around the $2.50 mark again. In the meantime, a new report shows that developer activity on the EOS blockchain platform plunged 85%, which may facilitate additional selling pressure on the digital coin. Fundamental analysis: Developer leaving EOS platform Developer activity on EOS blockchain has plummeted by 85% for the last year, according to the research conducted by venture platform Outlier Ventures. Other blockchains including TRON and Bitcoin Cash have also seen a substantial exodus of developers – 63% for Bitcoin Cash and 51% for TRON.  Despite the fact that “the majority

The post EOS price struggles as developer activity on platform plunges appeared first on Invezz.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback