• EOS token is trading at $1.25 with a 24-hour trading volume of $574.9 million, representing a 233.7% increase from a day ago
• EOS is outperforming the broader crypto market that has only recorded a 9% increase within the same period
• The EOS Foundation Network (ENF) launched ‘Pomelo Grants Season 5’ which will allocate $150k in $EOS to public goods projects
Rise in EOS Trading Volume
The EOS token was trading at $1.25 after gaining 14.7% on the last day, with a 24-hour trading volume of $574.9 million – representing a 233.7% increase from a day ago. This surge in market activity shows that bulls and bears are engaged in stiff competition and investors have endured weeks of volatility due to some investors booking early profits during the second half of January.
EOS Outperforming Crypto Market
EOS is outperforming the broader crypto market which has only recorded a 9% increase in the last week according to CoinGecko data – while similar smart contract cryptos are up 11.3%. This positive outlook for EOS crypto brings confidence to investors as well as traders who are looking to capitalize on its future growth potential.
Pomelo Grants Season 5
The EOS Foundation Network (ENF) launched Pomelo Grants Season 5, which will allocate $150k in $EOS towards public goods projects through crowdfunding platform Pomelo. The project uses quadratic funding to determine how matching funds are allocated and rewards projects with more unique donors with more funds, making it mathematically optimal for supporting public goods initiatives integral to ENF’s mission statement.
High Performance & Security
The open-source blockchain platform boasts high performance, flexibility and security – secured through delegated Proof of Stake (PoS). It also prides itself for being community-led foundation (ENF) with stellar user support and strong community resilience – making it an attractive investment option for traders and investors alike who are seeking safer alternatives within the cryptocurrency space.
Conclusion
With ‘Pomelo Grants Season 5’ launching soon, promising returns despite volatile markets conditions, and possessing enhanced features such as high performance & security – it’s no surprise that EOS has seen an increasing demand among traders & investors alike who are looking to capitalize on its growth potential & create greater wealth opportunities within this space.