EOS was trading at $0.5672 at 04:34 (01:34 GMT) on Thursday, down 10.03% from the previous day, according to the Investing.com index. It was the biggest drop since March 3.
The price collapse has reduced EOS's market cap to $888.72 million, which is only 0.03% of the total crypto market capitalization. For comparison, EOS's market capitalization reached $17.53 billion at its peak.
Over the past 24 hours, the cryptocurrency has fluctuated between $0.5667 and $0.5833. Despite the current decline, EOS has shown a 15.18% increase over the past week, reaching a maximum of $0.6634. The trading volume per day was $435.04 million, which is equivalent to 0.42% of the total turnover of all cryptocurrencies.
While EOS is declining, other leading cryptocurrencies are showing growth. Bitcoin has strengthened by 4.19% in a day and is trading at $86,124.2. Ethereum has also added 4.94%, reaching $2,028.52.
Bitcoin's market capitalization is $1.71 trillion, which is equivalent to 60.68% of the entire crypto market. In turn, Ethereum's capitalization reached $245.83 billion, which is 8.71% of the total value of all digital assets.