⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

EOS Tripling by End of July? John McAfee Thinks So

Published 05/28/2018, 01:00 AM
Updated 05/28/2018, 02:00 AM
 EOS Tripling by End of July? John McAfee Thinks So

The hype around the EOS digital asset has three days to go - a last chance to quickly register token balances through the official EOS site, or to send the tokens to an exchange. Afterwards, the tokens become inactive and owners may have to wait for a workaround to receive assets on the new EOS blockchain.

With five more auctions including today, EOS has settled around the $12 range. The market price is around $12.91, with a 4% growth overnight. However, the hype is wearing out, and EOS peaked weeks ahead of the mainnet launch.

!EOS!

Some believe the price may go lower, as low as $5. But John McAfee has included EOS with a very bullish prediction in his latest round of short-term expectations. He sees the asset go as far as $36 as the bull market returns in the summer.

https://twitter.com/officialmcafee/status/1000741403096436736

In the immediately short term, however, EOS trading is slowing down each day. At the moment, most of EOS trading is concentrated on Binance, with a 22% share of trading against Tether (USDT).

Because there are still unclear moments around the EOS token registration, this has caused scammers to try out the project for a quick gain. A phishing email has been circulating, inciting users to a rogue service called eoslaunch.io. The domain has been flagged for scam since.

https://twitter.com/EOS_io/status/1000638603272142853

What is curious is that the message came from a possibly hacked email account belonging to Block One. This mimicked official communication. So far, there are no known losses from the phishing attempt.

Even now, there are unofficial possibilities for registering EOS, which are usable. But the best solution is to use the official site, then check if the tokens are actually registered. The biggest potential trouble is that due to the email theft and phishing message, the EOS help desk would be too busy to help with the final days of token registration.


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.