EOS: The Genealogy
A marvel creation by Founder of EOS Dan Larimer and Brendan Blumer in 2017, EOS has catered to the consistent rise in demand by the investors. The digital roadmap carved by eos.io for its users has put the power in the hands of investors extending the liquidity potential. The outcome of technological upgradation in terms of thinking, strategizing, and conceptualizing has been phenomenal, especially for cryptocurrencies like EOS. Before we dig into the EOS price prediction, let us have a look at some of the unique features of EOS.
The first round of ICO floated by EOS in June 2017 announced enormous gains are raising $185 million in just a span of 5 days, offering 200 million tokens which were 20% of the total issuance.
|Price Change 24h||+4.13%|
|Price Change 7d||-4.05%|
|Circulating Supply||955,413,940 EOS|
|All time high||$22.89|
|All time low||$0.4802|
EOS: The Technical Analysis & Algorithm
This unique feature of the eos.io blockchain platform signifies that information related to transactions tends to get gathered separately and not amongst the other information on the same block, thereby facilitating exponential speed of transactions clocking 2 million transactions per second. The technical analysis of this kind of blockchain technology and a smart contract shall act as a significant power booster proving revolutionary in the world of payments. Acting as a catalyst to enable rapid-fire transactions in the global payment ecosystem, EOS shall bring radical transformation in finance, especially in decentralized applications.
In terms of price trend, EOS was trading with strong upward momentum since the year begins. However, it faced slight pullbacks in between bullish rally along with other major altcoins of the crypto market. According to the recent price scenario, the EOS coin might continue its bullish rally with volatility.
EOS Price Analysis By the Experts
Even though placed in a highly volatile crypto market, favorable factors like tight security protocols based on blockchain and an advanced algorithm play a pivotal role in influencing long-term investment in EOS. The primary objective of the EOS team has been to ensure transparency and, at the same time, privacy. Let us hear what experts make as EOS price predictions:
A lot of EOS blockchain-based projects are in the pipeline awaiting release. Right from concept phase to testing phase and by the end of the year, a lot of new blockchain projects would have been completed; hence, the EOS price is forecasted to stand around $106.77 by 2025. CoinSwitch
EOS is an adventurous project and one of the rapidly growing segment. It is more bulls than bears. It could balloon up to $35 by the end of 2025.
According to the EOS coin price prediction, it may trade around $25 over the next five years.
Digital Coin Price
EOS forecast might surprise investors reaching a peak of $30 by the end of 2021. Trading Education
Based on a logical algorithm, EOS technical analysis has both short-term rallies and potential long-term advantages. The long-term price is likely to reach $13 end of the year 2021.
EOS price forecast has to work hard to keep up pace with the competition. Going by the EOS coin price prediction, the bulls may be back, pushing the coin to $16 by the end of 2025.Wallet Investor
According to GOV Capital, the EOS coin price prediction for 2021 is expected around $9. GOV Capital
According to Long forecast, the EOS forecast by the end of 2024 is expected around $36. Long forecast
EOS: The Historic Price Saga
In the initial year 2017 of listing, EOS stood at $1.20, achieving in July a brilliantly encouraging $5.48 only to fall to an astounding $0.50 in October. However, with great assistance from supporters, it started an upward voyage taking it to $12.50 in December 2017 as a whopping 2160% increase.
In the second half of 2019, EOS started its retreating journey to end up as $8.50 per token. Before the pandemic loomed largely and the news spread, the worldwide end of 2019 saw EOS trading at its previous support level of $2.65. From the 2020 price, EOS grew to $3 by late April and consolidated in the $2.20-3.00 trading range by late June. On August 14, buyers managed to break the $3-resistance level. Three days later, EOS peaked at $3.90. A pullback led the asset to the bottom of the previous trading range. Since the beginning of this year, the coin has marked tremendous growth and as per the current momentum, it might continue to grow exponentially in the upcoming years.
The Epic EOS Price Prediction
The gradual but steady rise in the price of EOS may not have won it the topmost cryptocurrency award, but savvy investors have learned to wait and watch for this asset to perform and work wonders on exchange.
The current price of EOS is around $12.95 with a 24-hour trading volume of $22,327,005,015. EOS is up 39% in the last 24 hours with a live market cap of $12,615,841,864. Since the token price rises with an increase in trading volume, relatively maintaining a low trading activity may not favor the EOS token as new coins are simply added to the circulation, diluting the supply.
EOS Price Prediction 2021
Since the beginning of this month, EOS reflects range-bound trading with strong upside momentum. Despite the recent fall, the coin initiates recovery and regains the $12 price mark. If all markets turn favorable, this digital asset is set to break all barriers in price prediction for 2021 and perform exuberantly, scaling the peak as aforesaid. Backed by robust smart contracts, EOS may easily touch $19 by the end of the year 2021.
EOS Price Prediction 2022
Considering there are no sudden jolts or a stony path ahead for cryptocurrency markets, the EOS token is all set to affirm its strong position in the cryptocurrency market, crossing all barriers scaling $25.
EOS Price Prediction 2023
A fast, reliable network can help EOS coin gain a much higher price. The EOS prediction for 2023 is $30 per coin. If the bull run for functional crypto continues into 2023, the price may even see a paradigm rush.
EOS Price Prediction 2024
There are quite a few speculations going forward for EOS. Especially keeping in perspective the technological announcements and progress the corporate has designs on, there are assumptions its price may escalate. The EOS prediction for 2024 is around $38. The favor done by majorly security and scalability features with exciting promotional ventures may increase EOS price by that much in such a short amount of time.
EOS Price Prediction 2025
EOS initiatives focusing on education, outreach, and innovations may take them to an appreciable level of $35. On a long-term scenario going forward in 2025, EOS might pick up the pace with other cryptocurrencies to arrive at a price of $40-$45, making it a worthy investment. Check here our other cryptocurrency price predictions.
Frequently Asked Questions
How does EOS ensure privacy compared to other cryptocurrencies?
One does not face any privacy issues with EOS mainly because of its salient characteristics lending value to your hard-earned money. Transparency with privacy protection is a feature that makes EOS highly distinctive.
Why is EOS rising?
Owing to the transaction speed and accepting credit cards and authentication goes pretty quick, the EOS market has gained a lot of traction and will continue to enjoy a time high.
Can antivirus block my logging in EOS?
Yes, it can be. The reason, therefore being many system software bars any external content considering it malware. The best is to create an exception so that your anti-virus allows the EOS platform to access your credentials.
How does EOS gain significance in the market?
EOS is one such platform that stands true to its merit. It would be necessary to mention that investors have to repose their faith in the platform for it to surge on exchange.
Where can I buy EOS?
All esteemed exchanges offer a way to buy EOS from their platform. You also tend to benefit from trading EOS directly for fiat currencies like USD, EUR, GBP, etc., or other cryptocurrencies like Ethereum on many exchanges. Investors of EOS might also benefit from the block rewards program on EOS.
Will EOS go up? Should I invest in EOS?
Indeed yes. Since the cryptocurrency is just a few years old, its performance might be quite bullish, say at least for five years in the future, seeing a time high bringing value to investors and hit a high. Investors are advised to do their calculations to avoid high risk following market predictions for the next five years before investing in EOS or making any investment.
Is EOS a better Ethereum alternative?
Ethereum is currently stuck at 15 TPS, whereas EOS is scaling to millions of EOS transactions per second. This would make it the most scalable blockchain in the industry. Moreover, there isn’t any transaction fee to pay while transacting. However, it has to achieve its long-term goals, and if it succeeds, it will be a better Ethereum alternative.