EOS was trending in a recent 90% rally. However, the token seems to have touched upon a significant bullish impulse, and the token is bound on a steep correction before the trend can continue upward. However, for as long as the EOS continues above the moving average, the uptrend will continue to be intact. If the EOS closes below $3.61, the next levels of support will get seen at $3.33, $3.11, and $2.88.
Despite the low usage of the platform, the price of EOS continues to rally.
One of the popular analysts stated, “EOS: That said, $EOS has actually broken its downtrend and is currently retesting the channel as support. This looks bullish AF if BTC does happen to rise.”
EOSIO is designed for public and private use cases. EOSIO is customized to suit a range of use cases for different business needs. EOSIO facilitates secure application processing and leading industrial speeds. Familiar development patterns and programming languages facilitate a seamless experience making use of the development tools we already know.
The benefits of cost-effectiveness, scalability, speed, and eco-friendliness are the shared values that keep the community united. The EOS community thinks big stuff, and their output is based on their synchronized thoughts related to finance, governance, trust, distributed collaboration.
Vitalik Buterin, takes an interest in the Voice, the soon to be launched EOS based social media platform. Interestingly, Buterin is not shying away from the ambitious project of its rival. Voice has been in the making for two years now.
Vitalik.eth tweeted: “Just requested beta access. I look forward to seeing what they come up with! I would also really welcome experimentation in this area.”
Sydney Ifergan, the crypto expert, tweeted in response to Vitalik Buterin’s interest in EOS-based Voice: “It is good not to let go of Brilliant ideas, and Vitalik is doing just that.” He further tweeted: “A horse never runs so fast as when he has other horses to catch up and outpace. –Ovid.”
Brendan Blumer, CEO of Voice, stated, “Look at the business model. Our content. Our data. Our attention. These are all incredibly valuable things.”
Blumer welcomed Vitalik’s interest and stated that they value the feedback from Buterin. I am further reinstating that they cannot solve all the problems on day one. However, said that they continue to focus on transparency and alignment between the platform and the users. They are ultimately driving value to the content creators.
Blumer concluded tweeting: “That said, censorship driven by corporate interests as opposed to legal requirements, are easily rectifiable at the onset.”