The token’s 28% price surge over the past seven days follows an announcement that Antelope will be used as the supporting protocol for EOSIO-based blockchains.
Once the split takes place, the protocol will be led by a coalition connected to the EOS Network Foundation, following the foundation’s separation from Block.one.
The EOS community has enlisted a Canadian law firm to investigate Block.one's actions to determine whether options are available for legal proceedings.
In an effort to position the recently formed EOS Foundation as an ecosystem leader, CEO Yves La Rose claimed in a speech Wednesday that “EOS has been a terrible investment.”