Huobi Announces Plans to Become EOS Block Producer Following Bitfinex

At present, in the rising digital currency market which has gone well over $400 billion capitalizations, EOS price is having an incredible time at $13.56. Toward the start of April, EOS coin was someplace around $5.70. From that point forward it has risen more than twice its value.

A decentralized operating framework, EOS that is like Ethereum enables developers to build applications on its platform. As the market rose, EOS has been one of only a handful couple of digital currencies that saw a gigantic surge in its prices.

Amid the bull run, the prices hopped in excess of 40 percent. In contrast with its prices since the end of last March, the prices have moved more than 200 percent when it was at $3.89.

According to the Coinmarketcap, EOS coin positions on the 6th spot by market capitalization. It is likewise the best ERC20 token regarding price and value. The essential purpose behind the ascent in prices is the positive sentiments in the market as investors are searching for altcoins that offer a promising investment choice with a decent return on value.

Another purpose behind the same was the hype around the airdrop of EOS/DAC. At present, the digital currency seems to be unstoppable in its bull run.

As of late, eToro, a worldwide trading and investment platform with a huge number of clients added EOS to its platform.

A potential driver at the price is likewise the forthcoming MainNet launch that will essentially secure its block production. Numerous big names have approached to declare the candidature of official block candidate.

By becoming a block producer candidate, one promises to develop the open-source component of the decentralized crypto space. Through research, partnerships and community improvement, the point is to build the potential and adoption of EOS coin.