InformationPrice Prediction

Die Or Shine? Find The EOS Price Prediction 2019

EOS Price Prediction:

QUICK NAVIGATION :

In the cryptocurrency space, there is no such thing as stable ground, Of Course, there is a rollercoaster ride. Agree?

Cryptocurrencies have taken investors on a roller-coaster ride, receiving cheers from crypto traders and criticism from naysayers.

Many crypto traders seemed ready to move forward, but things have turned out to be very crabby. The EOS price is a good instance of this bearish trend, as it is quickly losing ground across the board.

Don’t fall into the trap. Checking the value of cryptocurrencies before investing is obviously a good idea.

Let’s peel the layers of EOS price prediction. Discover where the EOS coin Price is heading in 2019.

EOS Price Today

With the  Market Cap of $ 2.69 B and a huge circulating supply of 939,405,945 EOS coins, EOS sells for $ 2.63. EOS is on the 7th place in the rating of world cryptocurrencies. It is available on various exchange platforms, so you can easily buy some coins.

Fundamental Analysis

EOS is a native cryptocurrency of EOS.IO which is a blockchain protocol. It is software that establishes a blockchain architecture customized to enable horizontal and vertical scaling of decentralized applications. The EOS software offers authentication, accounts, databases, asynchronous communication and the scheduling of applications across a wide range of CPU cores and/or clusters.

Technical Analysis

Back in 2017 EOS saw a sudden turn of events. Previously, it was trading at $1.21. With the market capitalization of $54 mln. From then on, its unstable nature became obvious to all and finally, in Jan 2018, EOS reached a new peak. It was trading at $18.16 with a market cap value of $109 mln dollars.

While the EOS price is concerned, it seems the pressure is moving quickly. Unfortunately, It began a downward spiral that saw the price at $4.08 as of March 2018. Again, a few weeks later it finally reached $21.46. By this time, with market capitalization $176.6 mln.

Well, let’s see how the EOS is working in 2019

EOS Price Prediction 2019

As the acknowledgment proportion turns out to be more, the worth floods upward. EOS is more technologically advanced than many cryptocurrencies. During the start of the year, the EOS coin price was $2.88. The price gradually increased reaching $8 by the end of Q2. However, The Coin could not hold its stability for too long,  the EOS price decreased to $3 by the end of Q4. 

The damage to the EOS price was quite high. Particularly, there is a 4.2% decline in USD value, pushing the price down to $3.51. There is also a 3.46% decrease in EOS/BTC, which drives that ratio down to 91,065 Satoshi. So far, nothing irreversible has happened, but the overall trend simply isn’t what most people had hoped for. 

Looking ahead, EOS is expected to significantly recover in Coming days, maintaining a stable growth pace. Till the end of the year, it might reach the $15 mark. If the crypto regulation becomes more favorable.  

Price Prediction 2020

By 2020, EOS might be seen as a serious rival competing with Ethereum for the ultimate spot. The EOS infrastructure brags a slightly advanced technology that provides improved transaction speed, but Ethereum has been around for the long run and they are more stable. We may expect EOS to worth between $45 and $70.

Price Prediction 5 years

By 2025, EOS has spent almost eight years on the scene. This is the approximate age Bitcoin began to enjoy the chaotic rise to fame, reaching $20,000. Although it differs in the case of EOS and there is no assurance that EOS will replicate Bitcoin’s result. However, we may predict EOS might at least reach $1,000.

Expert Perspective

On social media, Unlimited Tower tries to attract positive attention for EOS. The entity recently partnered with DexEOS, which is a decentralized exchange built on EOS technology. Even though this partnership is quite a good deal, it may not affect the end-user immediately. The current growth of the EOS ecosystem cannot be denied, but that doesn’t refer the price will respond in mind.

WalletInvestor:

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.

CoinFan

Coinfan sees EOS reacing $47 in December of this year, after a string of months with constant gains.

TradingBeasts

Algorithm at Tradingbeasts.com has a much more conservative approach to EOS price, putting it at $7 at the end of the year which still represents more than double of its current price.

Recent Updates

  • An Airdrop Caused EOS Network Outages

According to Titan Labs, in mid-October, EOS contracts totaled 150,000 daily users, but by early November, the value had fallen by 43%, reaching a minimum level for the whole year.

  • Verisart Raises $2.5M in Funding Round Led By EOS Venture Capital

Verisart, an organization that certifies art authenticity through blockchain technology, has raised $2.5 million to further extend its business craftsmanship stage. 

The subsidizing will go toward extending Verisart’s item and building group and will make it conceivable to dispatch an entire scope of administrations aimed at craftsmen, exhibitions, and authorities.

  • SEC Reaches $24 Million Settlement With EOS Parent Firm Block.one

The United States Securities and Exchange Commission (SEC) has arrived at a settlement with Block.one to pay $24 million in punishments for leading an unregistered introductory coin offering (ICO). 

On Sept. 30, the SEC declared in a public statement that it has settled the charges against the firm behind the EOS organize and comparing token as a common money related punishment. Block.one settled the charges without conceding or denying the discoveries. 

As per the official statement, Block.one’s ICO of 900 million tokens started in the blink of an eye before the SEC discharged the DAO Report of Investigation and proceeded for almost a year after the report’s distribution.

Our Prediction

Overall, EOS is a perfect enabler to help developers and engineers to build decentralized applications. Coinpedia Predicts EOS can reach  $15 by 2019. The EOS scalability and crowd sale make it the most significant tokens, as per the market capitalization.

What is your EOS price prediction? Share your thoughts on our Twitter and Facebook pages.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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