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When was the grapefruit coin issued? Learn about the origin of grapefruit coins in one article

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2024-08-06 10:21:01763browse

Youzi Coin was officially issued on June 15, 2018. Developed by Block.one, the cryptocurrency utilizes the Delegated Proof of Stake (DPoS) consensus mechanism and aims to solve blockchain scalability and efficiency issues.

When was the grapefruit coin issued? Learn about the origin of grapefruit coins in one article

When was the Yuzu Coin issued?

EOS coin (EOS) was officially released on June 15, 2018.

The origin of Yuzi Coin

Yuzi Coin is a blockchain platform and cryptocurrency developed by Block.one. Block.one was founded in 2017 by Brendan Blumer, Daniel Larimer and Brock Pierce.

Yozi Coin aims to solve the scalability and efficiency problems encountered in existing blockchain technology. It utilizes a consensus mechanism called Delegated Proof of Stake (DPoS), which allows token holders to elect block producers through voting. This mechanism enables faster transaction processing and higher throughput.

Yozi Coin was issued through a crowdfunding event called Initial Coin Offering (ICO). The ICO took place between June and July 2017 and raised $4.1 billion, making it one of the largest ICOs at the time.

Since its release, Yuzu Coin has been a highly watched asset in the cryptocurrency market. It is considered a blockchain platform with great potential and is expected to be widely used in various industries.

EOS price currently stands at $0.43 with a market capitalization of over $650 million

EOS price has dropped over 13% in the past 24 hours with a trading volume of $150 million. Factors leading to price movements may include:

  • Intensifying bearish sentiment in the market
  • Key support level falling below
  • Macroeconomic uncertainty

For future price action, EOS may continue to trend downward, but before hitting key support bit before, there is room for rebound.

Recommended Action

  • Trade EOS with caution due to falling price.
  • Set stop loss orders to limit losses.
  • Wait for the price to show a reversal signal before opening a position.

Short-term trend forecast

In the short term, the price of EOS may fluctuate between $0.40 and $0.45. If it breaks below the important $0.40 support level, the price could fall further.

Key Indicators

  • Price: $0.43
  • 24-hour trading volume: $150 million
  • Market Cap: over $650 million
  • Circulation: 1505370878.3773 EOS
  • Total Supply: 15053708 78.3773 EOS

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