EOS Price for today is $7.34023. Its current circulating supply is EOS 900,000,000 with a market cap of $6,577,943,387.
Currently, EOS’s token price stands at approx. 7.34023 $, following a bullish trend offering meaningful support across the cryptocurrency market. Among these, EOS price has been observed to have made the best performance in the market.
The resistance at $18.70 is the current target, with a strong profile in the four-hour EOS chart. The buyers in this case are in total control, with a clear upwards trend, while sellers are heading into minimum levels.
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Cryptocurrencies are complicated, speculative and highly volatile. There are many factors that can affect their price, so it’s essential to carry out a balanced assessment of those factors to develop an idea of where the price of EOS could be headed in the future.
CoinSwitch is the largest cryptocurrency exchange and altcoin exchange aggregator that offers benefactors a consolidated list of exchanges to buy EOS from. Built on a highly-renowned trust exchange, CoinSwitch enables seamless transactions, and is a platform for reliable and secure exchanges in the cryptocurrency market.
Use CoinSwitch’s comparison tool to buy EOS in exchange for Bitcoin, Ethereum, Litecoin, Monero and many others. Benefactors can also sell EOS to obtain a cryptocurrency of their choice from over 300 cryptocurrencies, with 45,000 possible exchange pairings.
In order to buy EOS cryptocurrency and be a part of EOS exchange using CoinSwitch, benefactors must have a EOS token wallet address. They can do so by setting up a stable wallet version of a cryptocurrency they so desire, and will obtain a unique address or a “Public Key” for their wallet upon. CoinSwitch will never ask benefactors for their private key. Exchanges in an EOS trade are done they will receive the EOS tokens in theiw own wallets.
The EOS coin went on sale on the 26th of June, 2017. EOS, in its white paper, is creating “a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralised applications”. EOS cryptocurrency is a blockchain-based system that enables the development of commercial-scale decentralized applications, or dApps on the EOS.IO platform.
On this platform, a developer only needs to hold EOS currency, and not spend them, to be able to use network resources to build dApps. Unlike Ethereum, which makes interaction with blockchain a difficult process, EOS allows developers to create blockchain applications with which end users can interact with easily. Additionally, EOS's year-long Initial Coin Offering of its ERC-20 tokens increases the chances of adoption and distribution. EOS's DPOS (delegated proof-of-stake) mechanism is designed to improve upon the current BitCoin's Proof-of-Work system. Similar to Ripple, EOS.IO claim to be able to compute millions of transactions per second, owing to DPOS (Delegated Proof Of Stake).
This is in stark contrast to Ethereum's 20 tps and BitCoin's 3-4. The EOS coin also offers flexibility when it comes to managing dApps on the EOS ecosystem. If a faulty dApp is discovered, democratically-elected block producers can freeze it until it is resolved. This means that the blockchain doesn't require every node to take care of chain maintenance.
If you are new to crypto trading, it's always advisable to learn about, what is EOS, it's benefits and indicative return on investment.