CandleFocus

Here’s why the EOS, NEO, and BitTorrent prices are surging

Old-school cryptocurrencies like EOS, NEO, and BitTorrent are experiencing a strong bull run this week. EOS has reached its highest level since September 22, jumping 250% from its lowest level this year. NEO has also seen a significant increase to its highest level since April 2022. The surge in these cryptocurrencies can be attributed to the success of Ripple (XRP) and Stellar Lumens (XLM), which have risen almost 500% in the past month. The recent victory of Donald Trump and potential changes at the Securities and Exchange Commission (SEC) are also contributing to the rise of these coins. Technical analysis suggests that the upward trend for EOS, NEO, and BitTorrent may continue.

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