Price Analysis

Cardano Vs. EOS: Cardano (ADA) Records 13% Decline While EOS Slumps By 10% Within A Day

  • Cardano records over 13% slump from $0.066 to $0.057 since yesterday
  • EOS records a 10% decline from $4.70 to $4.22 since yesterday

There have been a lot of similarities in the movement of ADA and EOS tokens as the coins have been noticed to rise and fall at the same times in the previous week. However, while ADA has shown much higher declining trends than EOS, the token has also shown better upward movement than the latter. The current market performances of both coins are below satisfactory.

Cardano – EOS Price Statistics:

ADA token has recorded a downtrend of 13% in the last one day dropping from $0.066 to its current value at $0.057 as on July 15, 2019, at 06:59:37 UTC. On the other hand, EOS token has recorded a downtrend of over 10% drop from $4.70 to its current value at $4.22. Both the tokens have been seen moving downwards consistently since yesterday and started dropping rigorously after a late night. ADA steeply slumped from $0.062 to $0.055, and EOS slumped from $4.28 to $4.

ADA EOS Price Prediction
ADA EOS Price Chart
Statistics Cardano (ADA)EOS (EOS)
Price  (USD)0.0574.22
Price (BTC)0.000005600.00041667
Market Capitalization1,478,132,2883,893,586,907
24h volume123,703,0472,931,470,554
Circulating Supply25,927,070,538 ADA923,274,849 EOS
Return on Investment161.67%310.64%

In the last 2 days, there has been a steep fall in the market cap of the coin as well as the ROI of the coins manifest a drastic fall. The closing value of EOS yesterday was noted to be $4.12, and it is moving in the upward direction from that value. On the contrary, in the case of ADA token, the closing value yesterday was $0.059, and it is moving in the downward direction.

Cardano – EOS Price Prediction:

Both ADA and EOS have been regarded as the cryptos of the future with many benefits in the long-term. The current market statistics may be slow for both coins, but they may surge up to their last month’s value by the month end. Hence, while EOS may surge as high as $7, ADA may also cross $0.106 mark.

Conclusion:

This is the time to hold on to the cryptos and wait till the prices go up again.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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