<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/eos-coin-surges-following-supply-cut-announcement/" data-wpel-link="internal">EOS Coin Surges Following Supply Cut Announcement</a><br></p>
<p style="text-align: justify">Demand is extremely important for cryptocurrencies, and a recent announcement has caused the altcoin EOS to surge rapidly. At the time of writing, EOS Coin, which was trading at $1.2, started rallying from the $1.1 region following the announcement a few minutes ago.</p> 
<h2 style="text-align: justify" id="why-is-eos-rising">Why Is EOS Rising?</h2> 
<p style="text-align: justify"><strong>EOS</strong> CEO Yves La Rose announced via the official X account that half of the supply would be burned. Following this announcement, we saw the price rise to $1.2102. Currently, while the <strong><a href="https://coin-turk.com/bu-iki-altcoinde-yukselis-hazirligi-kidemli-analist-uyardi" data-wpel-link="internal">BTC</a> price</strong> is targeting $68,000, EOS has given the best news possible, and we will observe the reflections of this on the price in the next few hours.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-324549 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/EOS-Neden-Yukseliyor.png" alt="" width="687" height="622"></p> 
<p style="text-align: justify">Halving the supply means that the current market value could exceed $2 billion. This could open the door to an EOS Coin price above $2. For now, as of 21:51 (TSI), the price is challenging $1.25, and investors do not seem to have fully believed the big news yet, nor have they started to take positions accordingly.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/eos-coin-surges-following-supply-cut-announcement/" data-wpel-link="internal">EOS Coin Surges Following Supply Cut Announcement</a></h5>

EOS Coin Surges Following Supply Cut Announcement

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