Cryptos showing mild price action, LTC and EOS stand out

16 Feb, 2019
by Joeri Cant
Price Action
Cryptos showing mild price action, LTC and EOS stand out

Cryptocurrencies are seeing mild price actions today, with pretty much all of the top 20 coins by market cap experiencing ups and downs within 2% in both directions.

For just a moment it appeared as if Bitcoin would drag the markets down once again this morning, however, it didn't and it looks as most top markets enjoy some minor positive momentum right now.

The only two coins in the top 20 that are showing respectable gains are Litecoin and EOS.

Litecoin is currently trading at $43.63, up 3.20% in the past 24 hours according Coinmarketcap.com. Litecoin is holding on to the number 4 spot, ever since it was displaying some impressive gains last week, up more than 10%, following the potential implementation of privacy and scalability solution, MimbleWimble.

Litecoin and EOS have been battling it out for the #4 spot on CMC since that moment.

Read more: Litecoin jumps into 4th place after 10% pump, following MimbleWimble news

EOS, now ranked as the 5th largest cryptocurrency, is today seeing impressive growth, up a solid 2.38% on the day to trade at $2.85.

The increased interest in EOS could be explained by the EOSfinex trading platform which will be ready for testing fairly soon and by the fact that it would appear there is good news for the developers who want to build dApps on top of the EOS blockchain., as Infeos can be added to the list of 'ever growing tools making it easier to build on the world’s most robust dApp blockchain.'

Read more: What does Bill Gates have to say about Bitcoin?

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