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