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Eos Price Prediction for 2018, 2020, 2025

September 30, 2018 By Barbra Lineback Leave a Comment

EOS is considered the most powerful infrastructure for maintaining decentralized applications, or dApps. Moreover, it covers all aspects of dApps including development, hosting, and execution of these apps on its platform.

EOS.IO manages and controls the EOS blockchain network, using an architecture that allows both horizontal and vertical scaling. EOS is conceptually similar to Ethereum, but the cryptocurrency seeks to address some of the problems experienced by Ethereum including speed, scaling, and flexibility in applications.

Since it’s conception, EOS has steadily grown in value and seems poised to be the next break-out cryptocurrency. Check out our Eos price prediction to see where we think this coin could be going over the next few years.

General Eos Price Prediction

With Ripple (XRP) surpassing Ethereum as the second-largest cryptocurrency market, EOS has room to grow as another viable option for those who use dApps. Right now EOS is hovering around the single digits in worth, but that could change in the very near future. Here’s a peek at our Eos price prediction a couple of years from now and into the future.

Eos Price Prediction for 2018

For the rest of 2018, EOS appears to be following a downward trend for cryptocurrencies in general. Most cryptocurrencies tend to follow Bitcoin’s rises, and falls and EOS is no different. Over the last few days, we’ve seen suggestions that EOS could be reaching its low 50-day moving average with breakout support around $4.493.

Recovery for EOS could be seen around $6.82, allowing the currency to pick-up momentum into the end of the year. However, 2018 will not see EOS reaching its high-point of $22.52 again as it did in April. Prices have fluctuated back and forth over the last three months, and people expect them to do the same throughout the rest of 2018.

EOS Price Prediction for 2020

EOS’s founders have their eyes set on their cryptocurrency taking over from Ethereum as the most popular cryptocurrency for dApps. If they manage to achieve taking the top spot from ETH, then the price of EOS could be trending upwards as we approach 2020.

Some analysts believe the EOS infrastructure and improved transaction speed will help spur adoption, which could cause EOS prices to see the same meteoric rise we saw at the end of 2017. If that happens to be the case, EOS could sell for anywhere between $45 and $70 USD two years from now.

If EOS is still lagging behind ETH as the world’s preferred dApps platform, the gains are expected to be much less likely. EOS may reach $25 or $35 in that conservative scenario.

Conservative estimates also place the average growth of EOS at around 250% of today’s prices once 2020 rolls around. That should accelerate the closer EOS itself is in becoming the top cryptocurrency for supporting dApps.

EOS Price Prediction 2025

Once 2025 rolls around, EOS will have been available for more than eight years. Many analysts see it as a less risky alternative to Bitcoin that allows for speedier transactions. The limited supply of EOS suggests that it will generate value much the same way Bitcoin did, in short bursts that settle out over time before hitting meteoric peaks again.

Analysts expect EOS could be worth as much as $1,000 by the time 2025 rolls around, but that is highly dependent on whether or not it becomes the best platform to develop dApps.

Right now, EOS has an impressive daily trade volume and the fifth largest cryptocurrency based on market capitalization. With eight years of maturity under its belt, the value of EOS could be hard to estimate. Analysts believe it has long-term value over other cryptocurrencies with the same purpose.

EOS Volatility Overview

EOS’ volatility has been noticeable following the rises and falls in Bitcoin’s price. Back on September 9, the cryptocurrency saw a low of $4.73 before peaking again at $6.08 on September 21. The currency was worth over $10 as far as June 2018, where the price has followed BTC’s plummet in value.

EOS peaked in April 2018 at a value of over $22, and it could quickly achieve that again with the rise of BTC’s value and greater adoption among dApps creators. Most Eos price predictions for the future see the value of the token quickly rising above $10 before the end of 2019.

Since the news cycle is always such a big factor in cryptocurrency volatility, you should watch for both good and bad news that could affect the token’s value. EOS getting listed on new exchanges or being adopted by a major software company is positive news.

Getting lower prices, hacking exchanges or exposing other fraud could cause the price to drop even if it’s not news directly about EOS itself. That’s unfortunately how entwined cryptocurrencies are with one another, especially BTC.

There are some aspects of EOS that could be construed as a scheme to enrich those who created the coin, so the community has been wary when it comes to investing in EOS.

Conclusion

To draw things to a quick close, most cryptocurrency analysts and enthusiasts believe in EOS’ success because it presents a better alternative to managing the blockchain for a dApps platform. It can provide speedier transactions on a larger network, which means people can process transactions more quickly.

The price EOS reaches is contingent on it becoming the main blockchain for handling dApps. There are some concerning things in how the blockchain operates and some members of the cryptocurrency community have wondered if the cryptocurrency is a money laundering scheme. Dan Larimer, the EOS project founder, is also the project manager behind Bitshares and Steemit. Bitshares itself has had its fair amount of scandal, which has cryptocurrency enthusiasts keeping a wary eye on EOS for now.


More Cryptocurrency Predictions:

Ripple (XRP) Price Prediction for 2018, 2020, 2030

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