Currently, EOS (EOS) is trading at 2.68 USD with $2,506,336,178 as the EOS market capitalization with 936,091,176 EOS circulating currently. The 24-hour price movement chart indicates that 2,760,216,134 USD worth of EOS Coins were trading.
The multifunctional EOSIO platform, Bloks.io has been acquired by Metal which is a blockchain-based payment platform. Bloks.io supports networks like WAX, Telos, Proton etc. As per Metal the platform had10,000 daily active users at the time of acquisition. Metal also plans to collaborate with the developers of Bloks.io to further expand the capabilities of Proton (XPR), a proprietary blockchain and cryptocurrency.
Equilibrium - an EOS based decentralised finance project, has announced its plan to develop a new interoperable protocol on the Polkadot (DOT) blockchain. While Equilibrium is a MakerDAO analog on EOS, Polkadot will offer an expanded suite of products. Polkadot will also enable generalized lending of any asset, which is very similar to platforms like Compound and Aave.
The basics for this transition was the interactivity with both Ethereum DeFi and blockchains. While Equilibrium will remain, the core protocol will be built on Polkadot and then bridged with other chains. In addition, the new protocol will also formalize the risk involved.
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.
Trading Beasts is a regular cryptocurrency prediction site, which 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 2020. 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.
2020 is definitely going to be the golden year for EOS, where it will reach $10 in July, after which it goes down gradually and reaches $15 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 2025, 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 the best rates.
CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!
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