Bitcoin Alternatives: 11 Cryptocurrencies You Should Know

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10. EOS

Next in our list of Bitcoin Alternatives: 11 Cryptocurrencies You Should Know is EOS. EOS conducted its Initial Coin Offering in July 2017 and managed to raise $185 million, which makes it one of the 7 biggest ICOs ranked by amount raised. EOS currently has a total market capitalization of $1.39 billion. Block.one, which develops EOS, aimed to create a blockchain network similar to Ethereum, which can be used to automate processes, develop applications and which offers multi-directional scaling of decentralized applications. EOS managed to attract a lot of attention before the ICO, with major outlets like Reuters and the New York Times writing about it. The hype resulted in EOS’ price going past $5 right after the ICO, although it currently hovers around the $2.50 mark.

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