EOS fell back after breaking through $1.36 this morning, rising nearly 17% in the past 24 hours

On March 8, possibly due to the impact of "EOS will shut down inflation mechanism", EOS surged past $1.36 this morning before falling back, currently quoted at $1.2545, with a 24-hour increase of 16.88%. Earlier news reported that Yves La Rose, CEO of the EOS Foundation announced on social media that EOS will shut down its inflation mechanism in the future; approximately 818 million new EOS tokens have been minted; the maximum supply of EOS is set at 2 billion; over time, newly minted tokens will be released starting with a large amount and gradually decreasing (decreasing according to a logarithmic curve).