Article Index
1. Introduction
2. What is EOS?
3. EOS Price Prediction by market
4. Coinnounce’s EOS Coin Price Prediction
- EOS Price Prediction 2020
- EOS Price Prediction 2018
- EOS Price Prediction 2025
- EOS Price Prediction 2030
5. Frequently Asked Questions (FAQ)
6. Conclusion
Introduction
A development team led by the founder of Block.One, Daniel Larimer decided to start a new project which would require investors. This secret project of his later emerged as a distributed operating system with smart contracts and is known as EOS. He convinced many people leading them to believe in the project’s profitability to get funding, and it worked.
When announced, the project was nicknamed “ETH Killer” by people because the company said it would work like Ethereum, but it’s better. The project has provided a stable network for Dapps and their development. The EOS coin, however, remains widely dependent on market fluctuations.
Note: Block.one is known for its lavish purchase of the domain name “voice.com,” for which the company paid $30 million.
Currently, EOS is trading at $2.70 with strong resistance at $2.80 and immediate support at $2.55. The coin reached an all-time high of $17.67 in early 2018. The currency is in 8th position in the top cryptocurrencies based on its market cap with a market cap value of $2,548,851,520. In the past 24 hours, the coin has declined by 5.68%.
What is EOS?
EOS was launched as a blockchain-based system that helps the users in the development of commercial-scale decentralized applications or dApps on the EOS.IO platform. The EOS coin held an ICO that lasted for a year from which they gained $4 billion.
Advantages of EOS:
- Its architecture helps developers in simple deployments, bugs recovery, and upgrades.
- Being a blockchain platform, it provides secure communication and data protection.
EOS Price Prediction by the market
1. WalletInvestor
Predicting a bearish pattern for the currency, WalletInvestor believes that the price can go down to $1.5 by the end of 2019. But this will be only temporary, and the price will go up again.
2. Trading Beasts
As a cryptocurrency prediction platform, they predicted that the price could reach $9.08 by 2019. Further, they believe that for 2020, EOS will reach the $10 mark.
3. Steemit Writer-OrdinaryRich
This Steemit writer and crypto enthusiast has predicted that EOS price will reach $20 by 2019. He even believes that EOS will overtake Ethereum in market capitalization in the coming years.
4. DigitalCoinPrice
Another site DigitalCoinPrice has predicted that the EOS price will increase in the future. They predicted that the price could reach $7.16 by December 2019.
5. Scott Melker
A trader at Texas West Capital, Scott Melker, believes that the price of EOS will decrease in the future with the price reaching $1 by the end of 2019 and further declining as it enters 2020.
Coinnounce’s EOS Coin Price Prediction
As a helpful platform for the developers for building decentralized applications, this coin will work as an asset for tech and finance enthusiasts. Block one’s blockchain technology is helping the currency grow at a faster pace as more people are investing in the cryptocurrency. Our analysts believe that the price will face a slight downward correction in the future, but it will recover quickly.
EOS Price Prediction 2020
The market for EOS has been bearish for a while now, and the price is continuously declining. We can expect the price to reach $1 by 2020.
The popularity of the coin is increasing as more people are investing in the coin, it is possible that the price breaks the all-time high record and reach beyond $20 in 2020.
Note: Recently, the EOS based crypto exchange platform named EOSfinex was launched with four tradable pairs available for the users. These are RAM/USDT, EOX/USDT, EMT/USDT, and EOS/USDT.
EOS Price Prediction 2025
EOS chart trends and its price predictions from other platforms as well have shown that the crypto coin is here to stay for a long time. From its launch year till now, the cryptocurrency has seen massive growth.
The price is predicted to go upwards towards the $40-$50 levels for the year 2025. With the increase in adoption rate and trade volume, the coin is moving up slowly in the top cryptocurrencies as well.
Note: EOS has many competitors like Tezos, Tauchain, Aeternity, and Quantum that are posing themselves as decentralized platforms helping in the development of applications.
EOS Price Prediction 2030
Over the years, the crypto market has seen massive growth across the globe, and this got the attention of the regulating bodies as well. The crypto market is booming, but there’s a sword hanging over its head.
EOS can see a slight downward correction by 2030, depending on the relationship of the crypto market and the government regulatory bodies. Amid this, the price for EOS coin can take a dip towards the $30 levels, but again, the price can see growth towards the significant mark of $80-$100 by the year 2030.
Note: The EOSIO software allows the users to set up an exclusive human-readable name with the character length of 12. The user gets to choose the name for the account.
EOS Price Prediction 2018
With a slow start for this new cryptocurrency, the adoption rate was surprisingly fast. The price that started the year at $12 peaked and reached an all-time high of $17.67.
The response to the price was impressive, and the investors predicted that the price for the coin would soon reach the $20 and $25 levels. However, a slow decline started taking the price to $2.62 by the end of 2018.
Note: The EOS platform allows faster transactions in comparison to Ethereum with 50,000 transactions every second.
Frequently Asked Questions (FAQ)
1. Will EOS price go up in 2020?
With growing popularity, and sitting in 8th position in the top cryptos, EOS has made a name for itself in the market in a few months. The price for EOS is predicted to be a bullish run towards $20 in 2020.
2. How many EOS coins are there?
EOS has over 1.03 billion coins in circulation right now, and the maximum supply for the cryptocurrency is not stated.
3. From where can we buy EOS coins?
Several exchanges trade in most of the cryptocurrencies, and EOS can be found on them. Binance & HitBTC are considered as the most active exchanges trading in EOS.
4. Is EOS a blockchain?
No, EOS is not a blockchain. The platform EOS.IO is the blockchain, and EOS is the cryptocurrency for the platform.
Conclusion
EOS has made a name for itself in less than two years, and since then, it has been trying to prove its worth and value in the crypto market, trying to attract more users. The cryptocurrency has shown impressive growth, and the coin is getting positive feedback from the developers as well as the investors.
