Currently, EOS is selling at 2.36 USD with $2,139,259,910 as the EOS market capitalization with 906,245,118 EOS coins circulating currently. The 24-hour price movement chart indicates that 844,065,444 USD worth of EOS Coins were trading. The price value peaked at $2.6437 in the past 24 hours while the lowest price value was $2.5003. EOS has maintained its spot in the latest ranking of public blockchain plans released by the Chinese government. EOS has plans of starting Asynchronous Byzantine fault tolerant(abFT) by 2019, where the irreversibility time gets improved allowing BPs to interact directly instead of inferring from block headers. There are ideas of producing Universal Resource Inheritance(URI), which would build the infrastructure for 4% inflation, as being stated in the whitepaper.
What is EOS?
The EOS went on sale on 26th of June, 2017. EOS, in its white paper, is building “a blockchain architecture that scales to millions of events per second, reduce user fees, and enables for quick and simple deployment of decentralized applications.” EOS is a blockchain-based method which allows the development of commercial-scale decentralized apps, or dApps on the EOS.IO platform. Comparable to Ripple, EOS.IO can compute millions of transactions per second, which is in complete contrast to Ethereum’s 20 TPS and Bitcoin’s 3-4. The block one platform enables 50,000 sales every second leveraging the smart contracts. EOS has raised 4 billion dollars from its year-long ICO.
Market prediction for EOS
With the market being so expansive, foretelling the price of the cryptos is one of the most complicated tasks. Let’s consider the publications and characters, and their statement concerning the EOS price prediction, which will give us a fairer idea:
According to WalletInvestor, funding in EOS will turn out to be a positive venture for the investors, and they understand that in 2023, it may reach $911.
#2 Steemit Writer OrdinaryRich
One of the Steemit reporters, OrdinaryRich foretold that EOS might reach as high as $20 by 2019. He even prophesies that EOS may experience approximately 60% more than Ethereum’s market capitalization.
EOS Facing Problems Of Fairness and Operational Pressure Reports Chinese Media
According to a Chinese media outlet, EOS is experiencing problems such as fairness and operational stress. Some of the best coins in crypto space have been under enormous pressure of holding to the roadmap and delivering results. Despite spectacular efforts by their expansion teams, some problems continue to endure for most projects and digital coins.
EOS bearing the expectations of “blockchain 3.0”
EOS has made some unbelievable progress in 2018 despite the market meltdown. The coin, itself, has undergone a massive erosion of market capital, but it stuck to its roadmap and continued to #BUIDL. In no time EOS moved out of Ethereum shadow and launched its MainNet and went on to create. EOS built an ecosystem for Dapp’s which was only second to Ethereum regarding many Dapp’s.
EOS price prediction 2019
EOS is a perfect enabler to assist developers and engineers to create decentralized apps. Tech-savvy and finance-savvy investors are putting in a lot of importance on this coin because of its excellent block one technology which is helping it progress up the ladder at a quicker pace. If there’s one crypto, which is getting most of the hopeful prediction, EOS is the one. EOS can touch $15 by 2019. Business Insider foretells that EOS is going to emerge as the most formidable ICO in the Ethereum system. The EOS crowd sale and scalability makes it one of the five most essential tokens, as per the market capitalization.
EOS price prediction in 5 years
EOS price forecast implies that the EOS value is up for a long-term improvement in the price value of EOS with a 5-year property. This suggests that in the year 2023, the EOS Price is projected to stand around $106.77, which is a supremely bullish hopeful prediction. Over the following years, this crypto will gain its usability index plus its acceptance around the globe. As it works on decentralized blockchain programs, it’s becoming popular between developers, who in turn will try and explore other programs operating in this technology.
Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give the information about the coin with careful analysis. Please conduct your thorough study before funding in any crypto.