EOS Plummets 10.28% in One Day, Hits New Lows

EOS saw a sharp decline on Sunday, dropping 10.28% to $0.4834 by 14:00 (18:00 GMT) on the Investing.com Index. This marks the steepest one-day percentage loss since March 3. The downturn pushed EOS’s market cap down to $753.17 million, representing just 0.03% of the total cryptocurrency market. At its peak, EOS boasted a $17.53 billion valuation.

Over the past 24 hours, EOS fluctuated between $0.4834 and $0.5378, with a trading volume of $74.09 million—roughly 0.11% of the total crypto market. The seven-day performance has been even more severe, with EOS plummeting 22.86%, trading as high as $0.6461 during the week. The token remains down a staggering 97.90% from its all-time high of $22.98, set on April 29, 2018.

The broader crypto market also saw a downturn. Bitcoin fell 4.28% to $82,355, with a market cap of $1.63 trillion, making up 60.80% of the total market. Ethereum followed suit, sliding 8.36% to $2,023.29, with a market cap of $243.24 billion, or 9.06% of the total crypto market value.

EOS’s continued decline raises concerns among investors, reflecting broader market volatility. With significant losses across major cryptocurrencies, traders remain cautious about the near-term outlook.