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EOS finds support, Dan Larimer of Block.one unveils new patent for digital ID verification

Bitcoin

EOS is ranked at #8 beneath Tether and Binance Coin. The price of EOS had a minor jump rate of 0.63% in the course of the past 24-hours. The trading volume recorded is $1.823 billion, while the supply has 927,648,101 EOS tokens in play. The total market cap of EOS is $3.317 billion. At present, EOS is priced at $3.58.

Dan Larimer is the CTO of block.one. A brand-new patent has been secured. Check this out, credits go to Zack Gall for his discovery. From henceforth, identities over social media will be completely different. This couldn’t have come at a better moment, as Voice is soon-to-be-released.

Newdex has successfully deployed the smart contract “matching and settlement on chain” on the EOS chain. This will heighten security and ease of trading for hundreds. Newdex is also working diligently towards implementing the side chain for EOS.

You can read more about this latest development right here. According to the candlestick chart for the EOS/USD pair on tradingview, the bears still control the flow of the market. The 4-hourly RSI [for 10 periods] sits at 25.54 and is inclined to drop further. The MACD line is below the signal line, and the histogram south of the zero line is red.

Resistance may be felt near the $4.135 level, while support can be found close to the $3.321 mark.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.