EOS developer company Block.One has recently hyped up the entire EOS community saying that they have some kind of huge announcement coming up in the 1st of June. They also brought about 25 million dollars worth RAM from the EOS mainnet system.
The hype was followed by significant price movements. EOS price went up over 20% in the last week. I don't the price can keep up. Because when Block.One release the app, it won't have many users. It will have bugs and other flaws. It takes time to build software. That's why I think this will turn out to be a buy the rumour, sell the news situation.
So are you selling ?
Sold some at 8.07$.
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