This article aims to give in-depth information to the readers about EOS Price Prediction. Although, Bitcoin and many early cryptos are in domination in the market EOS Coin is in one of the most recent and most promising cryptocurrencies in the market.
EOS is becoming famous virtual currency among investor. You might be one of them and asking for “Should I invest in EOS Cryptocurrency?” “Should I buy EOS today?“. Let try to find out how much EOS coin may cost in 2019, 2020, 2021 and further on.
Let’s get into its real picture.
EOS (Ethereum Operating System) coin provides the platform for decentralized application. It uses blockchain technology. They initially do not have their own blockchain so they use Ethereum blockchain.
EOS have smart contract capability but the question is what smart contract is? The answer is, a Smart contract is a readable code rather than binaries. Which is easy to understand.
EOS has raised a record of a whopping $150 million within 5 days of release during the ICO.
Supply of EOS coin:
Total supply of EOS coin is 10 billion. From which 100 million coins are used by the team of EOS coin. Other 900 million is distributed.
Figures of supply are:
|Total supply of EOS coin:||1,006,245,120 EOS|
|Circulating supply of EOS coin:||906,245,118 EOS|
EOS Price Today
Main focuses of EOS coin:
The EOS coin mainly focuses on
- Scalability (so that it can adopt the change)
- Speed (to increase speed by parallel processing system)
- Flexibility (it provides flexibility in development language)
- Usability (to provide ease of access and learnability)
- Equal opportunity (EOS Token have no predetermined pricing its pricing depend on market demand)
Strengths of EOS Coin:
Challenges for EOS Coin:
There are several competitors present in the market besides Ethereum or Cardano. Projects like Crown, RChain, and RootstockISK have not yet released decentralized platforms. Once their platforms are released, it may become easier and cheaper to utilize them. So these are the major challenge for EOS coin
Competitors of EOS coin:
Ethereum and Cardano are well-known competitors of EOS coin. They have the same use case as EOS.
Cardano and Ethereum have very strong teams as compare to EOS. While EoS team is working hard to achieve its motive to beat Cardano and Etherium.
Can EOS coin be the Ethereum killer?
Initially, it was considered that EOS can be the Ethereum killer. But now it is considered that Cardano is the only coin which can beat Ethereum. It’s only the assumption only time can tell who will be the Ethereum killer.
Why prefer EOS Coin?
EOS Coin uses blockchain technology for smart contract space just like Ethereum. It uses the same use case as Cardano.
It has no language barrier like NUMB. You can develop your decentralized app in any popular language. While Ethereum has specific language. So EOS coin mixed up the ideas of popular coins. EOS does a good job of making interactions with their blockchain a user-friendly process rather than Ethereum.
Moreover, Wthereum demands the user to pay for every interaction while EOS will not do so. which will increase adoption of EOS.
EOS coin left behind the numb coin. And trying to beat the Ethereum or Cardano. If we talk about the popularity of EOS coin than EOS coin is sitting In top 10 coins according to coin market cap in very less time.
So why not you are going to prefer EOS coin? Of course, you will.
The Increment in Pricing of EOS coin:
If we talk about pricing of EOS coin than its necessary to consider its starting prices. It starts with 1 USD and raises its price to 15 USD. EOS to do this in a very short time. It’s a prediction that it has the capacity to raise its price to 30 USD in near future.
Is EOS Coin worth buying?
EOS coin is not too good or too bad. It can give you less profit but if you act smartly you will never suffer a loss. Don’t forget to set plus minus point.
EOS increases its worth in very less time. EOS team is working hard and doing shows in every country to increase its popularity.
So I again say it’s an average coin. So keep a long-term hold or use it for trade according to your wish.it will surely be beneficial if you act wisely.
Investment in EOS coin:
EOS coin is not too good or too bad. We can invest in EOS for trading or long-term hold. According to my opinion for investment in EOS coin, this coin can be on my priority list. But I cannot consider it as my first priority.
So from the investment point of view, this coin is an average coin.
Future of EOS coin:
In future, Decentralized applications will rule. So different developers will use different coin according to their requirements. Some will use Ethereum some will use Cardano while surely some will prefer EOS coin too. It can give 3 to 5x profit. After buying EOS coin first set your plus-minus. If you buy it on 5USD. And your plus is 15 USD. Then sell it on 15 $. Don’t care about more profit. Because if coin correction occurs you will suffer a loss instead of profit.
EOS coin is not too good or too bad. It can give you less profit. But if you act smartly you will never suffer a loss. But we cannot say anything sure about future of EOS coin.