Rumors of Block.one CTO Dan Larimer exiting EOS have been making the rounds over the past two days, after a Reddit post exposed messages from Larimer saying he was ‘exploring’ ideas of creating a new ‘hypothetical’ currency crypto token. So far nothing has been officially confirmed and EOS’ price action is yet to reflect any noticeable reaction to the news.

Today, the EOS asset is holding on to a marginal gain against BTC, currently up 1.15% after diving -19.75% over the last three days. For now the asset has returned to a long-standing key support area between the 71,000 and 67,000 Sats levels following the last two days of heavy sell-offs that pummelled EOS’ price by -20%. Here we may see bullish traders collect and attempt to upside recovery or the asset could continue unraveling as BTC remains uncertain around the $4,000 mark.

This article appeared first on Cryptovest

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