No one can guess that eos coin price usd fell 60%

EOS officially opened the main online line on June 15 but the process was not smooth. After more than three months of campaign enthusiasm, it seems that the EOS price has been declining. On July 9, eos coin price usd fell to $7.59, which was close to 60% compared to the highest price.
Looking back at April, EOS was the most important and well-known expectation at the time - the main online line in early June.
At the beginning of the EOS start-up, the time point of June 2018 was established. This provides a time course for the funds for the hype.
The DPOS consensus mechanism adopted by EOS needs to elect a super node. This heavy event is another big positive factor for the strong currency price trend. EOS will issue 5% of the total tokens to 21 super nodes each year, and then change to 1%, but it is still profitable. To become a super node, you need to have more EOS. This mechanism attracts many giants to compete and creates the fact that EOS is competing for chips.
In June, the main network announced the start, EOS rushed to 15 dollars and then started the diving mode, directly fell to 11 dollars;
In the following days, the voting progress was slow, and it was only 15% until June 15th, and the transaction volume began to weaken;
After that, the EOS Core Arbitration Forum freezes 27 accounts, and under the influence of BM's revised constitution and other bad news, EOS hits a minimum of $7.
BM is overdrafting EOS future
EOS-RAM is all foam, and it is the invisible hand of BM that makes these bubbles. It is a wonderful idea for BM to introduce the Bancor algorithm. In the grasp of the economic operation and the psychology of the speculative group, BM is absolutely master-level. After EOS-RAM was so speculative, EOS, which was gradually seen by the people of the currency circle, burst into red again, successfully preventing the EOS from being marginalized. This is not a good thing for the overall ecology of EOS. Using speculation to promote the development of the EOS ecosystem during the bear market, using hype to overdraw the trust of users in the EOS system is the current practice of BM.
The lastest eos coin price usd chart