EOS, which stands for “Ethernet Over SONET,” is a cryptocurrency with growing popularity. At the time of writing, this crypto coin is trading at $12.07. That means that, compared to its price 24 hours ago, it has gained about 4%. Looking back a week, it has only increased by 6%. The price of this particular currency is very volatile – it swings up and down wildly within a day.
In fact, it has already passed the $12.00 mark more than once. Each time, however, it manages to quickly correct and dive back down a few dollars. Look at the past month of trading, for instance:
Sure, there has been more than 100% of growth, but during that period there have been some erratic fluctuations. Just yesterday, EOS was trading under $9.00. On Sunday, it even got within pennies of the $13.00 mark.