EOS Surges 12% in Strongest Rally Since October

The cryptocurrency EOS experienced a significant rally on Monday, climbing 12.47% within a single day. As of 12:52 GMT, the asset was trading at $0.1046, marking its strongest daily gain since October 5. This surge also pushed EOS’s market capitalization to $0.0000, a fraction of its peak value of $17.5290B.

Over the past 24 hours, EOS fluctuated between $0.0930 and $0.1046. Despite the daily surge, its weekly performance was more subdued, with a 1.77% increase over seven days. The trading volume for EOS reached $178.5058K, though it represented only a tiny portion of the total cryptocurrency market turnover.

Amid EOS’s rally, other major cryptocurrencies also saw gains. Bitcoin rose by 0.92%, reaching $85,887.0, while Ethereum added 0.56%, trading around $2,710.38. Bitcoin’s market capitalization stood at $1.7246812B, accounting for 58.99% of the total cryptocurrency market. Ethereum’s capitalization was $330.8794B, or 11.32% of the market.