|Brief||EOS is a native token of a blockchain operating system, which allows to create scalable decentralized applications similar to existing web-based applications.|
|Last updated:||Monday, October 14, 2019 4:58:06AM UTC|
|Current price, USD:||3.148|
|Current price, BTC:||0.0003779|
|Market capitalization, USD:||2 946 085 828|
|Available supply:||935 782 711 EOS|
|Volume 24 hours, USD:||1 340 123 018|
General EOS facts, technical details and general information about EOS crypto currency
EOS is a native token of a blockchain operating system, which allows to create scalable decentralized applications similar to existing web-based applications. Two promised features of EOS, that make it a potential competitor to Ethereum, are absence of transaction fees and scalability (as we know, high transaction costs and poor throughput have been the Achilles' heel of Vitaliy Buterin’s pioneer DApps platform). EOS ICO started on 26-June-2017 and will end on 3-July-2018, such a prolonged period allows to investors to study the project white paper and make an informed decision. Another interesting feature of EOS project is that the token trading has already begun during the ICO (currently on such exchanges as Chbtc, Binance, Huobi, Bitfinex, etc), so the purchases can be made at market value.
We list daily EOS historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 05||3.011||2.955||3.011||2 791 996 812|
|Oct 06||2.983||2.916||2.995||2 758 361 461|
|Oct 07||2.948||2.935||3.215||2 985 621 025|
|Oct 08||3.179||3.144||3.224||2 969 980 622|
|Oct 09||3.171||3.14||3.265||3 041 803 860|
|Oct 10||3.227||3.099||3.227||2 956 522 085|
|Oct 11||3.151||3.12||3.209||2 934 284 706|
|Oct 12||3.156||3.078||3.191||2 885 591 320|
|Oct 13||3.104||3.086||3.139||2 920 280 356|
|Oct 14||3.119||3.119||3.155||2 946 085 828|
|EOS price change 24 hours||1.35%|
|EOS price change 7 days||5.78%|
EOS has introduced a new system upgrade on September 23, which should have sent the price at least 6% higher, but it wasn't meant to be as the entire market has gone sliding down the hill, freezing many sell orders, including mine. So now, I am sitting on a pile of EOS, waiting for the price to touch the $4.022 level, at which I had bought the coins. Well, that's the realities of a crypto trader: the market can go either way faster than you can blink.
Now is the right time to stack up on some EOS because it is geared up to be very bullish in the coming weeks, mainly because of the new upgrade of the EOS network that is due to be released on September 23. Once the upgrade is in place, dApps developed on that blockchain will become capable of paying users in crypto for their CPU power. This will undoubtedly serve as a major driver for the price of EOS, so I have already placed several sell orders way above the $5 mark.
It’s not the time to buy EOS. There is too much at stake in other projects such as ETH, and with ETH about to announce Staking code in over a month, EOS may become vastly irrelevant. EOS is a solid trade during large leg downs that we’ve seen over and over this past month, but it’s not a long term hold until it shows actual substance.
EOS is a billion dollar paperweight. Why it’s even still as high as it is on CMC is beyond me, but I do believe it’s because EOS devs are manipulating the price to keep it relevant. This project is vaporware at best, and I can’t believe so many were fooled by Dan Larimer. He’s known to create projects and walk away, such as Steemit. EOS used to be a decent hedge against ETH, but now that EOS doesn’t do anything and ETH does everything, there’s really no more reasons to hold EOS. If you’re looking for a hedge for ETH, then buy ETC.
I’m gonna say it: EOS will beat ETH. It’s going to beat ETH not because it’s superior technology, but because Dan Larimer has enough ETH to suppress the price and keep ETH tied up. EOS is schuduled for a massive move in the coming weeks, as all indicatoros are pointing to it as a major buy. DOn’t underestimate the EOS community, they’ve been patiently waiting but they are ready and they HODL their coins. If theres one project out there that is dedicated to a coin, its the EOS community. EOS is backed by every venture capitalist that has a tried and true track record, so they know exactly what they’re doing.
We publish the most accurate EOS Forecasts and News including crypto industry experts' opinion on a daily basis
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