Anyone able to explain WTF is happening now with EOS? Maybe google ?

about 4 years ago

Really very weird the situation of the market today despite BTC is correcting as I was expecting yesterday, there are a few ALTS pumping like crazy... the most spectacular one is EOS!!!!

Have a look in this candle on the hourly!!!

Apparently, the PUMP is related with this:

Google Cloud has joined the EOS blockchain network community, signaling further interest in exploring the possibilities of the technology.

Google Cloud Joins EOS Blockchain Network as a Block Producer Candidate

Man, if google is betting strong on EOS, this ALT is going to flight higher!!!

I'm sharing only my quick trading Ideas here, not financial advice at all ;-)

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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15 comments

@vlemon 78

about 4 years ago

BIIIIIIII, I LOVE IT !!!! Thanks to my EOS DeFi craze let's hope it will keep going up ! Btw I very much like what the DeFi projects on EOS are doing (in the shadow).

Check this one out: https://eosfi.io/

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@toofasteddie 76

about 4 years ago (Edited)

indeed, but defibox seems to struggle a little bit lately, isn't it?

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@vlemon 78

about 4 years ago

Yup, a lot of Sell Pressure... Quite weird as they truly have a sustainable model and a working DAO product suite.

I believe the current yield (60% APY if staking through dividends) or by providing liquidity (c.10-40% APY) make Degen farmers go away but more long term investors are buying back. So let's see how it plays out but I believe in the project and the "companies" behind for the long run.

I bought some at 3 EOS to be honest :D

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