EOS Token distribution seeing a lot of subscribers.

in #crypto7 years ago

Today's EOS Token distribution seems seriously oversubscribed for this time of day. Normally the buyers come in at the end of the day when the price is better determined. But with 6 hours to go, the volume is way up.

You can see the live chart here, if you scroll down on the page. Below is the subscription graph at six hours to go.

For people new to EOS Tokens: they enable you to stake a claim on the bandwidth and storage for the next generation blockchains. EOS is described as the "Operating System" for distributed applications on the blockchain.

The big question is now: does the large participation scare away new buyers, or attract people who do not want to miss out? It could be that the next period ends up cheaper, so you could argue either way.

6 hrs to go in period 179

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