Currently, EOS (EOS) is trading at 3.71 USD with $3,360,379,571 as the EOS market capitalization with 906,245,118 EOS coins circulating currently. The 24-hour price movement chart indicates that 1,761,086,546 USD worth of EOS Coins were trading. The price value peaked at $3.7037 USD in the past 24 hours while the lowest price value was 3.5365 USD. Recently, MinerGate has expanded its service portfolio and on its way to becoming the major EOS block producer. Even Lumi wallet has partnered so that its users can vote in the EOS ecosystem.
Very recently, EOS has been successful to take up the dapp space, leaving behind Ethereum wherein in the entire top 30 dapps, EOS is responsible for 13 of them. Not only that EOS is gaining mainstream use cases and working with Tapatalk is helping win more user participation, around 300 million. Right after the announcement EOS surged by almost 18%.
EOS has retained its spot in the latest ranking of public blockchain projects released by the Chinese government. EOS has plans of introducing Asynchronous Byzantine fault tolerant(abFT) by 2019, where the irreversibility time gets improved allowing BPs to communicate directly instead of inferring from block headers. There are plans of creating Universal Resource Inheritance(URI), which would create the infrastructure for 4% inflation, as being stated in the whitepaper. Huobi pool has announced to launch a dedicated exchange to EOS, which will follow after its collaboration with the EOS community to build EOS test chain(Crypto Kylin Testnet), wherein the projects can be tested. Huobi pool has spearheaded developing a voting platform for the EOS Community, which will make them aware of the node elections.
What is EOS?
The EOS coin went on sale (ICO) on 26th of June, 2017. EOS, in its white paper, is creating “a blockchain architecture that scales to millions of transactions per second, eliminate user fees, and allows for quick and easy deployment of decentralized applications.” EOS is a blockchain-based system which enables the development of commercial-scale decentralized applications, or dApps on the EOS.IO platform.
Similar to Ripple, EOS.IO is able to compute millions of transactions per second, which is in total contrast to Ethereum's 20 TPS and Bitcoin's 3-4. The block one platform allows 50,000 transactions every second leveraging the smart contracts. EOS has raised 4 billion dollars from its year-long ICO.
With the market being so volatile, predicting the price of the cryptocurrencies is really one of the most difficult tasks.
Let’s consider the publications and personalities, and their statement regarding the EOS price prediction, which will give us a fairer idea:
According to WalletInvestor, investing in EOS will turn out to be a favorable venture for the investors, They believe that in 2023, it might reach $911. But they have recently predicted that EOS might go down to $0.720 by the end of 2019.
One of the Steemit writers, OrdinaryRich predicted that EOS might reach as high as $20 by 2019. He even predicts that EOS might experience around 60% more than Ethereum's market capitalization.
Trading Beasts is a regular cryptocurrency prediction site, which predicted that by 2019 end, EOS might reach as high as $9.08 and as low as $6.17. They even predicted that by 2020, EOS might touch the $10 mark.
EOS is a perfect enabler to help developers and engineers to build decentralized applications. Tech-savvy and finance-savvy investors are putting in a lot of emphasis on this coin because of its fantastic block one technology which is helping it grow up the ladder at a faster pace. If there’s one cryptocurrency, which is getting most of the optimistic prediction, EOS is the one. EOS can touch $15 by 2019. Business Insider predicts that EOS is going to evolve as the most formidable ICO in the Ethereum network. The EOS crowd sale and scalability makes it one of the five most significant tokens, as per the market capitalization.
As the acceptance ratio becomes more, the value surges upward. EOS is more technologically advanced than Ethereum and Bitcoin, due to which its pace of growth is the highest compared to other cryptocurrencies. Towards the beginning of the year, it will start on a positive note, then in March, it will decrease to half of what it was at the beginning of the year. It will take an upward rise in May and June, where EOS price will reach $9.79 by the end of May 2019. In December, it will take a long plunge upwards to $15.67.
2020 is definitely going to be the golden year for EOS, where it will reach $95 in July, after which it goes down gradually and reaches $56.25 by the end of the year. So, in the first half of the year it will start with a highly positive note, after which it will go down gradually.
EOS price prediction suggests that the EOS price is up for a long-term increase in the price value of EOS with a 5-year investment. This means that in the year 2023, the EOS Price is forecasted to stand around $106.77, which is a supremely bullish optimistic prediction.
Over the coming years, this crypto will gain its usability index plus its acceptance all over the world. As it works on decentralized blockchain platforms, it's becoming popular among developers, who in turn will try and explore other platforms running in this technology. You can convert EOS to BTC from CoinSwitch at best rates.
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2019-02-20 06:57:16.077468 | 2 min