EOS began its downward trend 53 days back and, despite the 27% weekly gains, it is still not in a recovery. A result is that investors have begun to question whether or not the altcoin, which was once the top-five cryptocurrency in terms of market cap, can turn things around. Daniel LarimerLate 2020 saw the resignation of Jeremy, Chief Technology Officer at EOS.

It is possible that 2017’s project was negatively impacted by competing proof-of stake smart contract platforms, such as (SOL), (DOT), and (AVAX). Block.one owns more than 160,000 shares, which could prove to be a positive catalyst.BTC), according to data compiled by BitcoinTreasuries.net.