P.S: I am not shilling anything like that and I am not getting paid in any manner to write this article. This is for spreading news purposes only and trying to learn about the ALT coins and their patterns.
Block One announced that they had received investment from Peter Thiel, the co-founder of PayPal and a member of the board at Facebook. But that's not the point.
The fact that the Co-founder of EOS, Dan Larimer said that he was excited to receive funds from Jihan Wu of Bitmain (world- renowned investors) and Alan Howard (Hedge Fund managers) and Louis Bacon tells a lot of the future plans of EOS.
As it can be seen from blocktivity that EOS is registering high transactional volumes but the network registering is high throughputs also. For example, at some point, the network was processing 2351 TPS.
Yesterday, the price was pretty rapid and EOS bulls did follow through July 16 bulls. By this, traders out to slope up their longs in lower time frames on every retracement and trend with this intermittent trend. Everything is in line.