Epic Showdown: EOS Network Vs. Block.one — Who Will Triumph?
Portfolio Pulse from Murtuza Merchant
EOS Network founder Yves La Rose has urged community members to consider legal action against Block.one (B1) for not fulfilling its $1 billion investment commitment. La Rose suggests either legal action or a hard fork to separate EOS tokens affiliated with B1. The EOS token is currently trading at $0.85, down 32% since April 14.
May 22, 2023 | 5:55 pm
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EOS Network founder's call for legal action against Block.one may create uncertainty for EOS token holders, potentially impacting the token's price.
The potential legal action against Block.one, a key investor in the EOS Network, may create uncertainty among EOS token holders. This uncertainty could lead to selling pressure, negatively impacting the token's price in the short term.
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IMPORTANCE 80
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