EOS at $1.61?

4년 전

I am new in the community and I can't understand why this is happening. Is it because of EOS?
DQmYEh7ScPizHsbgUUEKUL2iwL6kxeFo4ari55DdAav1CSH_1680x8400.jpg

Why is there a free fall on the value of EOS and every crypto coin in the last few days?
(Since the launch of EOS Distribution)

EOS : $1.61 , -21.60% (24h)
Ethereum : $196.41 , -10.34% (24h)
...
source: https://coinmarketcap.com/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

The answer is simple, the ICO is not over and 2 million tokens will continue to be dumped on the market everyday for a year. http://eosscan.io/

·

Ok I go it, but what about everything else? Does the EOS affects so much all the crypto coins?

·
·

I don't know about everything else, crypto goes up and down, it's about enjoying the ride.

Congratulations @theofilos13! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @theofilos13! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @theofilos13! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!