Cryptocurrency EOS was trading at $0.0564 on Saturday morning (10:11 Baku time), down 15.06% in 24 hours — the sharpest drop since July 4.
The decline has wiped out the current market capitalization of EOS, which at its all-time high reached $17.529 billion.
Over the past 24 hours, the price ranged between $0.0564 and $0.0675. Over the week, EOS rose 8.47% relative to its target level. Trading volume in the last 24 hours was $36,356.1 thousand, representing a negligible share of total crypto market turnover. The weekly range also held between $0.0564 and $0.0675.
Meanwhile, other cryptocurrencies show mixed dynamics
Bitcoin is trading at $62,471.9, up 1.26% in 24 hours. Its market cap is $1.251 trillion, or 57.78% of total crypto market cap.
Ethereum is at $1,757.52, up 2.47%. Its market cap is $211.665 billion, representing 9.77% of total market cap.