EOS Losses $5 Billion in Three Weeks: EOS Price Analysis (May 24)

After Tron, EOS is the only coin whose losses are at least moderate-they aren’t too way off. Even after EOS sellers stepped on the gas, prices are still down 10 percent in the last week. In theory, EOS prices should be bubbling in the run up to EOSIO mainnet launch but unexpectedly, we are contend with a contrarian situation dominated by sellers. If we gauge the strength of EOS sell pressure then it is likely that they might test $7.5 on the lower end if not $10. At around these levels, we should be searching for bullish opportunities.

From the News

EOSIO proposes some interesting features for their would-be customers. Perhaps one of the most stands out promise is the almost zero transaction fees for DApp developers. Others include speed, horizontal and vertical scalability and a completely decentralized environment approved by block producers chosen by the community.
This is on top of free asynchronous communication channels through their EOSChat. Several exchanges including Huobi Pro, Binance and BitFinex are bidding to be block producers but one thing should be clear for them .There are high inclinations for these mediums or network validators to uphold objectives and virtues they are representing. These are normal EOS coin holders desirous of a platform that upholds all the qualities EOSIO and Block One laid down for them.
So, as the clock ticks down for them, EOSIO and Block One are after drilling down the benefits of blockchain for all those who care to listen. This is the reason why they have set up not only an education drive through the Virginia Tech dedicating $3 million for them to develop a curriculum, hire tutors for students. Besides, they have EOS VC. Through this Block One arm, all Venture Capitals who support startups or firms desirous of developing on the EOS platform shall receive part of the $1 billion fund.
On the liquidity front, EXMO Exchange is the latest to list EOS. In a statement, EXMO said they were busy improving the quality of service and the best way is to increase the number of trading tools for active traders.
http://coinaio.com/eos-losses-5-billion-in-three-weeks-eos-price-analysis-may-24-aio9670.html 

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