EOS (EOS) is currently trading at $ 4.90, with $ 1,588,851,048 as EOS market capitalization with $910,855,956 EOS coins currently circulating. The 24-hour price chart shows that EOS coins are worth US $ 1,593,701,743. The price value reached a maximum of 4.9584 US dollars in the last 24 hours, while the minimum price was 4.8290 US dollars.
MinerGate recently expanded its service portfolio and became a major producer of EOS units. Even Lumi’s wallet has become a partner so that its users can vote in the EOS ecosystem.
Most recently, EOS succeeded in taking the place of dapp, leaving behind Ethereum, where in all the 30 best dapps, EOS is responsible for 13 of them. Not only does EOS receive basic usage scenarios, but working with Tapatalk helps attract more users, about 300 million. Immediately after the announcement, EOS grew by almost 18%.
EOS has retained its place in the latest ranking of public blockchain projects published by the Chinese government. EOS plans to introduce asynchronous Byzantine fault tolerance (abFT) by 2019, where the irreversibility time is improved, which allows BP to directly communicate, rather than derive from block headers.
There are plans to create a Universal Resource Inheritance (URI) that will create the infrastructure for 4% inflation, as indicated in the official document. Huobi pool has announced the launch of a special exchange for EOS, which will follow after its collaboration with the EOS community to create an EOS test chain (Crypto Kylin Testnet), in which projects can be tested. Huobi pool is leading the development of a voting platform for the EOS community, which will inform them about the node selections.
What is EOS?
The EOS coin went on sale (ICO) on June 26, 2017. In its technical paper, EOS creates a “blockchain architecture that scales to millions of transactions per second, eliminates usage charges and allows you to quickly and easily deploy decentralized applications.” EOS is a blockchain-based system that allows you to develop decentralized, commercial-scale applications or dApps applications on the EOS.IO platform.
Like Ripple, EOS.IO is able to calculate millions of transactions per second, which completely contrasts with Ethereum 20 TPS and 3-4 Bitcoin. The Block One platform allows 50,000 transactions every second using smart contracts. EOS raised $ 4 billion from its annual ICO.
Market Forecast for EOS 2019 Price
In conditions of market instability, cryptocurrency price forecasting is indeed one of the most difficult tasks.
Let’s look at the publications and personalities, as well as their statement regarding the EOS price forecast, which will give us a fairer idea:
# 1 WalletInvestor
According to WalletInvestor, investing in EOS will be a profitable venture for investors. They believe that in 2023 it could reach 911 dollars. But they recently predicted that EOS could drop to $ 0.720 by the end of 2019.
# 2 Steemit Writer OrdinaryRich
One of the authors of Steemit, OrdinaryRich, predicted that EOS could reach $ 20 by 2019. He even predicts that EOS can get about 60% more than the Ethereum market capitalization.
# 3 Trading beasts
Trading Beasts is a cryptocurrency forecasting site that predicts that by the end of 2019, EOS could reach $ 9.08 and $ 6.17. They even predicted that by 2020, EOS could reach $ 10.
EOS Price Forecast Verdict
EOS is the perfect tool to help developers and engineers create decentralized applications. Engineers who know about technology and finance attach great importance to this coin because of its fantastic block technology that helps it grow faster. If there is one cryptocurrency that receives most optimistic forecasts, then EOS is the one. EOS can reach $ 15 by 2019. Business Insider predicts that EOS will develop as the most formidable ICO on the Ethereum network. The sale and scalability of EOS makes it one of the five most significant tokens according to market capitalization.
EOS price forecast for 2019
As the acceptance rate becomes larger, the cost increases. EOS is more technologically advanced than Ethereum and Bitcoin, thanks to which its growth rates are highest compared to other cryptocurrencies.
By the beginning of the year it will start with a positive note, then in March it will decrease to half of what it was at the beginning of the year. In May and June, it will grow upwards, where by the end of May 2019 the price of EOS will reach $ 9.79. In December, there will be a long fall to $ 15.67.
EOS Price Forecast 2020
2020 will definitely be the golden year for EOS, where it will reach $ 95 in July, after which it will gradually decline and reach $ 56.25 by the end of the year. So, in the first half of the year it will start from a very positive note, after which it will gradually decrease.
EOS price forecast in 5 years
The EOS price forecast assumes that the EOS price has increased for a long-term increase in the value of EOS with a 5-year investment. This means that in 2023 the price of EOS is projected at $ 106.77, which is a very optimistic optimistic forecast.
In the coming years, this cryptography will receive its usability index plus worldwide recognition. Since it works on decentralized blockchain platforms, it is becoming popular among developers who, in turn, will try to explore other platforms running on this technology.
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