OSEOS Price Prediction 2019, 2020, 2025 – What could happen to the top 5 cryptocurrency in the next few years? Should you invest in EOS?
Top 10 cryptocurrency EOS attracts traders and investors from all over the world. The underlying blockchain technology also makes it attractive to potential partners. But will EOS ‘technological superiority drive its growth through the roof? Read EOS Price Predictions for 2019 and up.
What makes EOS unique?
The EOS platform is one of the rare blockchains that offer their own smart contract. It is used to carry out decentralized processes and to create blockchain apps. The EOS blockchain has shown tremendous potential and continues to attract investors at a high rate.
Take a look at the statistics on the use of the EOS blockchain:
RT Tronfoundation “RT RatingDapp: #DappWeekly #EOS continues to lead the way in weekly active users. However, there has been a slight decrease as #TRON and #ETH have steadily increased their user base.
EOS: 127,647 (-3.04%)
TRON: 94,807 (+ 4.34%)
ETH: 35,770 (+… pic.twitter.com/e0vL6PIZNH “
– TronMacau (SR) (@MacauTron) March 5, 2019
It’s not surprising that many companies prefer EOS to other blockchains: the network runs around 50,000 TPS, making it much faster than its crypto counterparts.
The outstanding features of EOS include:
Max. EOS 1 billion delivery makes it a valuable asset – the limited nature of this coin attracts holders and helps keep costs under control.
Coins are only obtained through investment, no mining is required.
EOS is much faster than other existing blockchain platforms.
Thus, EOS promises to become a leader in the field of crypto. Some believe it will overtake Ethereum thanks to higher TPS speeds and lower transaction fees.
EOS price development in 2017-2018
The history of the EOS price only shows that it is a sustainable currency. Originally, EOS was launched as an ICO, which started in July 2017 with a starting price of $ 1.03. In the first few months, EOS didn’t get as much attention as it should.
By November 2017, EOS suddenly rose. The company continued to gain market capitalization with new ICO participants. As of January 2018, an EOS was trading at $ 18.16. As is usually the case with new cryptocurrencies, the world experienced a downward spiral in 2018 – EOS fell to $ 4 but rebounded by $ 21 by April. Overall, the ICO brought a market capitalization of 4 billion EOS.
Today EOS is trading at $ 3.65 with a market cap of $ 3.3 billion. It still remains the fifth largest coin by market capitalization. The recent declining market has not spared the value of EOS, but will recover despite everything.
EOS pride prediction 2019
How much will EOS cost by the end of 2019? It is difficult to make short-term predictions – EOS has to break through the resistance level before it grows again. According to technical analysis, EOS could hit $ 5 this March if it manages to creep into a resistance zone of $ 4.55. Until then, trading will continue at around $ 3.5.
The market forecast is very positive. For example:
Coinfan predicts it will climb to $ 47 by December.
TradingBeasts offers more realistic predictions, claiming EOS will double its price to hit $ 7 levels by the end of this year.
OrdinaryRich (Steemit writer) made an EOS forecast of $ 20.
CoinSwitch predicts that EOS will hit $ 15 sometime during 2019.
According to CryptoGround, EOS will be around $ 6.4389 in 2019.
Not all experts and websites are equally optimistic about EOS. Fortunately, their forecasts are not updated. For example, Gov Capital predicted that the value of EOS would drop to $ 0 on March 9, 2019. As we can see, it is still thriving.
We can hope that EOS will double or triple its price once it manages to break the current $ 3.5 level. That could happen in March, but it depends on a number of factors.
EOS development drivers in 2019
Aside from the traders, it is the developer who influences the value of the cryptocurrency to a great extent. What will happen to EOS in 2019? Unfortunately, developers haven’t shared a lot of information about it. There are no officially assigned releases or events, but the community still knows something from the words and announcements made by Block.one representatives.
There will be the 5th phase of the cluster implementation. However, no specific dates have been named yet.
Block.one waits for the communication between blockchain to be used, which activates scaling via sidechains and makes operation faster and more efficient.
Asynchronous Byzantine fault tolerance also improves the operational timeframe.
Another interesting feature of Block.one is Resource Exchange, which enables token leasing and triggers voting. The new EOS infrastructure will have inflation at 4%, but no one guarantees that the updates will take place in 2019.
EOS price forecast 2020
Assuming EOS does well and breaks $ 5 in 2019. What should happen next? The 2020 EOS price does not promise to be much higher than it is today:
Today, EOS is seen as the main competitor of Ethereum. EOS technology is excellent, but Ethereum has been around a long time and has proven its reliability. However, if EOS is evolving at an optimal pace, the best scenario is to land somewhere in the $ 45 to $ 70 range. According to the Coinfan website, EOS price could go from $ 40 to $ 168 in 2020 – a significant change!
All in all, EOS is expected to develop slowly but steadily – this blockchain has to rely on its own strength.
EOS price prediction 2025
Such a long-term forecast would certainly be speculation. We don’t even know what’s going to happen to EOS in the next year. If EOS continues to realize its potential and get support from investors, it could easily break an all-time high and trade around $ 500 per unit.
Investing in EOS: for and against
Here are some things prospective traders should consider:
Why invest in EOS?
Why not invest in EOS?
No matter what, EOS remains one of the most promising blockchains on the scene. It will disrupt the modern approach to creating dApps and has every chance of staying one step ahead of Ethereum and Tron. In the next few years we will see if EOS can stand the test of time.
Disclaimer: The opinion expressed here is not investment advice, but is for informational purposes only. It doesn’t necessarily reflect the opinion of U.Today. Every investment and every trade involves risks. Hence, you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.