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EOS price struggles as developer activity on platform plunges

By: Invezz
EOS' Block.one targeted by a new lawsuit

EOS price lost over 8% last week to trade around the $2.50 mark again. In the meantime, a new report shows that developer activity on the EOS blockchain platform plunged 85%, which may facilitate additional selling pressure on the digital coin. Fundamental analysis: Developer leaving EOS platform Developer activity on EOS blockchain has plummeted by 85% for the last year, according to the research conducted by venture platform Outlier Ventures. Other blockchains including TRON and Bitcoin Cash have also seen a substantial exodus of developers – 63% for Bitcoin Cash and 51% for TRON.  Despite the fact that “the majority

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