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Friday, 04/13/2018 8:23:46 AM

Friday, April 13, 2018 8:23:46 AM

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A rising “star”: Cryptocurrency Eos leaps from tenth into fifth place by market cap, even past litecoin

Bitcoin is now the largest cryptocurrency by market capitalization, followed by ethereum, ripple and bitcoin offshoot "bitcoin cash.”

Over the past few months, cryptocurrency eos has crept higher in the cryptocurrency market cap rankings. It wasn't among the top 10 until late January, made ninth place in mid-March and was sixth-largest earlier this week. (recommend FuninUSA for updated news about cryptocurrency)

Eos is a cryptocurrency for a platform set to go live this summer called eos.ios, which proponents expect could be better than ethereum in many ways and potentially bring on much greater adoption of cryptocurrency-related technology.

CoinMarketCap data showed eos climbed more than 30 percent over the last 24 hours for a market capitalization of nearly $7.1 billion, topping litecoin's $6.8 billion.

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