EOS' Block.One big move: Purchases $25 million RAM ahead of June 1 announcement

Block.One announcement to spark fresh interest in EOS and keep the community excited.
3.3 million EOS tokens used to buy RAM worth $25 million in readiness for the June 1 announcement.

John Isige FXStreet

The official developer for EOS software Block.One is in the limelight again for the purchase of $25 million RAM. The company spent about 3.3 million EOS token for the purchase of the RAM as it gets ready for the anticipated announcement scheduled for June 1.

EOS community is already getting excited with most people speculating the groundbreaking announcement. Some even believe this is going to be the biggest announcement for EOS and Block.One this tear. The news of the purchase was publicized by a Twitter user Robin Finch:

“BREAKING NEWS: @block_one_ has purchased 3,300,000 EOS ($25,000,000) worth of RAM on the #EOS mainnet from their official B1 account. #B1June is heating up!”

Block.One approaching announcement is expected to spark fresh interest in EOS and keep the community excited. The B1 event will be streamed live and a special website has already been established for that purpose. The B1 event will be held in Washington DC.

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

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