EOS has been on the lips of many recently
Apparently many have invested into it and made multifold paper profit on it.
But will it last?
EOS Centralization Issue? $6 Billion Worth of Tokens Held by Only 10 Addresses
The possibility of market manipulation within the cryptocurrency market is a constant concern for investors. While the intention is not clear, it has been found that 10 addresses are holding 496,735,539 EOS tokens, which are worth $5.86 billion and represent 49.67% of the existing one billion EOS tokens.
10 Addresses Hold Nearly Half of All EOS Tokens
EOS has just under 900 million tokens in circulation as the remaining 100 million are held by Block.one, the company behind the initial coin offering. The other nine top ten holder addresses hold just over 400 million tokens. One address holds 75 million, which seems to be linked to another one holding close to 20.6 million (also in the top 10), and one with 13 million. These three addresses together hold approximately $1.5 billion worth of tokens……
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