EOS Price Prediction 2023-2032
- EOS Price Prediction 2023 – up to $1.55
- EOS Price Prediction 2026 – up to $3.46
- EOS Price Prediction 2029 – up to $4.99
- EOS Price Prediction 2032 – up to $46.37
EOS, a crypto token formed by the company to promote its decentralized app creation, ranks #47, a little lower on the charts, thanks to its slightly lower market cap of $3,365,472,360. Lately, it has resumed its upward projectile with renewed activities and is viewed by some analysts as a “ticking time bomb.” The similarities between the XRP fractal from 2015 to 2017 and EOS’s current chart are mind-blowing.
EOS, jokingly referred to as Ethereum on Steroids, seems like “the world’s most hyped blockchain” is up on its feet and raring to run, but it needs community as much as development.
How much is EOS worth?
Let’s learn more about EOS and its offering, explore EOS developments, EOS price predictions, average trading price, and EOS price analysis, and determine whether it deserves a place in your investment portfolio.
Today’s EOS price is $0.753017, with a 24-hour trading volume of $97,399,609. EOS is up 0.11% in the last 24 hours. The current CoinMarketCap ranking is #50, with a live market cap of $827,058,958. It has a circulating supply of 1,098,326,648 EOS coins and the max. Supply is not available.
EOS price analysis: EOS gain strength at $0.752 after a bullish breakout
TL; DR Breakdown
- EOS price analysis is bullish today.
- Resistance for EOS/USD is present at $0.7736.
- Support for EOS is present at $0.7428.
EOS price analysis for 31st July 2023 shows that the bulls have gained strength after a bullish breakout above. The bulls have been able to push EOS prices up gently as buyers continue to increase their buying pressure on this coin. At the time of writing, EOS is trading at $0.752 and has gained 0.97% against the US dollar in the last 24 hours. Since the market opened, the bulls and bears have been in a tug of war; however, the bulls have managed to maintain higher momentum.
EOS/USD 1-day price chart: Sideways trend forms on the chart
The 1-day EOS price analysis shows signs of a sideways trend. The trading range between $0.7428- $0.7736 is currently acting as the key resistance and support for the coin respectively. The selling pressure on EOS has been quite low since the market opened, and it is likely that further movements will remain within this range. As of now, buyers have managed to push prices above the $0.752 mark which indicates a bullish breakout for EOS/USD.
Today, the volatility has increased, indicating positive future trends as the price is still within the lower price envelope. The Bollinger bands Indicator shows a change in values, with the upper value at $0.79634 and the lower value at $0.7238, which is a sign of future upward pressure on the price. The RSI indicator is at 50.51, which is well below the overbought area and indicates that there is still room for further growth in the price. The Average directional index is also at a healthy level at 12.78, indicating that the bulls are in control of the market.
EOS/USD 4-hour price chart: Bulls gain momentum as buying pressure increases
The 4-hour EOS price analysis indicates an increase in price after the return of the bullish candlesticks on the price chart. The bullish momentum has resulted in the price going up to its current value of $0.752. The 20-SMA is below the current price, indicating a bullish trend in the short term.
The Relative Strength Index has also risen to 51.82, which is indicative of increased buying pressure and bullish sentiment. The Bollinger Bands Indicator shows that prices are now trading near the upper band, indicating a further increase in price in the coming days. The upper band is placed at $0.7631 and the lower band at $0.7408, suggesting that these levels will act as major support and resistance for the upcoming price movement. The ADX indicator is also positive at 20.02, confirming that the current market trend will continue.
EOS price analysis conclusion
EOS/USD analysis is bullish today as buying pressure has increased significantly over the past few hours. The 4-hour chart suggests a trend reversal in favor of the bulls, with technical indicators pointing towards further upside. The $0.7736 level is the current resistance for EOS/USD, which needs to be broken to see the coin entering a new uptrend. Meanwhile, support for EOS is present at $0.7428 and must hold for further gains to materialize.
EOS Price Predictions by Cryptopolitan
EOS Price Prediction 2023
Our EOS coin price prediction for 2023 suggests the price of EOS might reach a minimum of $1.44 and an average of $1.21.The maximum forecast price for 2023 is $1.17.
EOS Price Prediction 2024
Our EOS coin price prediction for 2024 suggests that EOS crypto might reach a minimum of $1.68 and an average of $1.74 with the maximum forecast at $2.05.
EOS Price Prediction 2025
Based on our EOS coin price forecast for 2025, we believe that by this time, the crypto may reach a minimum of $2.52 and an average of $2.61.The EOS price forecast for 2025 suggests EOS will attain a maximum price of $2.98.
EOS Price Prediction 2026
According to our EOS forecast for 2025, we expect EOS to have a maximum price of $4.48. We expect a minimum price of $3.72, with an average price of $3.83. Once developments and partnerships in the EOS ecosystem mature, EOS can be a good investment in 2025.
EOS Price Prediction 2027
Our EOS prediction for 2027 suggests that the currency may reach a minimum of $5.54 and an average of $5.73, with the maximum forecast at $6.42.
EOS Price Prediction 2028
In our EOS price forecast 2028, we predict that the crypto might reach a minimum of $7.80 and an average trading price of $8.08.The maximum forecast price of EOS in 2028 is $9.10.
EOS Price Prediction 2029
According to our EOS coin forecast 2029, the crypto might reach a minimum of $11.34 and an average trading price of $11.74 with a maximum value of $12.04.
EOS Price Prediction 2030
Based on our EOS coin forecast for 2030, the crypto might reach a minimum of $16.47 and an average trading price of $17.06, with the maximum forecast at $19.45.
EOS Price Prediction 2031
According to the EOS coin forecast for 2031, EOS cryptocurrency might reach a minimum of $24.35 and an average trading price of $25.03, with the maximum forecast at $28.98.
EOS Price Prediction 2032
Our EOS price prediction forecast 2032 suggests EOS crypto will continue on a bullish trend. The forecasted eos price might reach a minimum of $34.66 and an average closing price of $35.67, with the maximum forecast at $41.49.
EOS Predictions by Digital Coin Price
Digital Coin Price has a bullish outlook on EOS and believes the price will reach $1.96 by the end of 2023 and $2.34 by the end of 2024. According to their prediction, EOS could reach as high as $3.27 in 2025 with a minimum forecast of $17.72. Their long-term price prediction for EOS is $9.47 in 2031 and could reach as high as $17.57 in 2030.
EOS Predictions by Wallet Investor
WalletInvestor gives a more bearish long-term price prediction, predicting a one-year price point of $0.115, which represents a decline of 87 percent from the current price. The website is bearish on the long-term prospects and suggests a five-year price point of $0.0115, representing a decline of 99 percent from the current price.
EOS Predictions by Changelly
Changelly uses AI algorithms to make price predictions. According to the website, EOS is a good investment for the long term, with a forecast of $2.05 in December 2024 and a maximum price point of $4.48 in December 2026. By 2030, according to their prediction model, EOS could reach trade at $16.47 as the lowest price and reach as high as $19.45.
EOS Price Prediction by Industry Influencers
The EOS blockchain has become one of the most favored Layer-1 smart contract protocols in cryptocurrency. Its creation empowered scalability and made it a direct opponent to Ethereum’s domination in smart contracts development.
Numerous specialists have contributed their guesses on the trajectory of EOS’s price as its utility in the decentralized economy continues to strengthen. This has sparked forecasts for what we can anticipate from EOS in upcoming years.
Market analysts have suggested that EOS may have the potential to become one of the top five blockchain projects in terms of market capitalization by 2025. Analysts also cite the increasing level of development activity and partnerships as major elements that will drive up the value of EOS in the coming years.
Also Read:
- EOS Mining: The #1 Mining Guide For Beginners
- Bitcoin and EOS drive DApp growth
- How to Buy EOS Coin in 3 Easy Steps?
- What’s the Next Price Target for EOS?
EOS Price History
Based on the latest data, EOS is currently priced at $0.88 and holds the 44th position in the overall cryptocurrency market. The circulating supply of EOS is approximately $957,673,983.74, with a market capitalization of 1,093,262,273 EOS. Recent developments have indicated significant potential for EOS, making it an attractive investment opportunity. In the past month alone, the price of EOS has surged by 6.61%, adding an impressive average of $0.06 to its current value. This rapid growth suggests that EOS has the potential to become a reliable asset if the positive trend continues.
New Developments In The EOS Network
Dotgems — a famous NFT studio and creative agency — collaborated with EOS to introduce the EOS ecosystem map NFT series. The essence of the collaboration is to present the NFT series, thereby commemorating all current active EOS projects as the $EOS coin claims its independence.
The EOS Network Foundation (ENF) announced the release of the Antelope Leap 3.1 consensus update. The Foundation announced that this latest update would sever ties with Block.one and Bullish.
What is EOS?
EOS is one of the best-known cryptocurrencies today that allows building decentralized apps (DApps) simple and scalable. EOS cryptocurrency was developed by a company called Block.one.
Founded by software programmer Daniel Larimer and entrepreneur Brendan Blumer, who still hold the roles of CTO and CEO, the company began to work on the project in 2017.
In June 2018, the EOS officially went live after a year-long Initial Coin Offering (ICO). The ICO raised more than $4 billion, despite the prohibition on participation from U.S. investors. To this day, the ICO is one of the largest token sales, while the EOS blockchain continues to be one of the largest cryptocurrencies by market capitalization and trading volume.
How does EOS Work?
EOS uses its own proof of stake EOSIO blockchain that processes transactions quickly, scalable, and secure way. The EOSIO 2.2.0-rc1 includes three new features: Read-only Queries, Private Chain Access, and Resource Payer.
Initially, EOS used ERC-20 tokens to distribute the coins raised in the ICO, which helped ease the ICO process as the ERC-20 token was frequently used to raise an ICO.
Later, all of the ERC-20 tokens were converted to native EOISO blockchain tokens, allowing token holders to finally transact and operate on the network.
Block producers on the EOS network are chosen in a delegated-proof-of-stake mechanism (DPoS), which requires EOS token holders to lock in their coins for more than three days.
The DPoS mechanism allows for a lower entry threshold, which results in more decentralization, less power used, and more scalability for the network.
Existing EOS partners
Recently, Google announced that it has partnered with Block.one, to become a block producer for the network. It is one of the largest partnerships in the cryptocurrency ecosystem to date and will likely further increase EOS’s popularity.
Another great partnership for EOS and its developer, Block, was recently made with investor LACChain, an Inter-American Development Bank initiative to promote blockchain use and crypto market development across Latin America and the Caribbean.
A similar partnership was made in Asia in 2018, as a $200 million joint venture fund – EOS Global- was created with local blockchain technology entrepreneurs Michael Cao and Winnie Liu.
Recently, Wyoming became the first country worldwide to give official status to an EOS-based DAO or decentralized autonomous organization. The DAO named American CryptoFED features two tokens, Ducat, and Locke, with a cap of 10 trillion tokens.
Projects Built on EOS
- Eosfinex is a non-custodial trading platform that allows trading using the security of an EOS non-custodial wallet.
- EOSDT is a decentralized stablecoin, just like the well-known USDT. It is available on large exchanges such as HitBTC, Bancor, and Changelly.
- Defibox combines the blockchain with DeFi protocols allowing to Swap and Lend by using their native stablecoin – BOX.
- Upland is a virtual property trading game that runs on the EOS blockchain. It has over 35 thousand users with over $500 thousand worth of transaction volume.
- American CryptoFed DAO is the world’s first payment structure to issue a digital asset whose value is noninflationary.
Conclusion
In 2022 the EOS price has been rallying with the broader crypto market and recovered from the bear market. The EOS token price has seen several market movements in the past year. EOS has struggled to rediscover its form since hitting an all-time high (ATH) of $22.89 in 2018. Despite this, the EOS price has largely traded with the broader crypto market.
Embracing its decentralized nature, EOS has recently created a yield project to offer users greater rewards for staking their cryptocurrency. The team tweeted: “Starting today, you can expect to see more opportunities to earn higher APY% for staking $EOS + $USDT. And because liquidity rewards are based on TVL, game theory indicates that Yield+ will reduce the liquid supply of $EOS as more tokens are locked into smart contracts.”
The EOS team recently added NowPayments, an EOS payment support for merchants.NowPayments, a prominent crypto payment facilitator, has just announced that they now offer services to include the EOS token. This is groundbreaking news for businesses and medium-scale merchants as NowPayments has provided them with various tools allowing them to accept payments in EOS tokens.
This could see them use it for services rendered or for charitable donations. EOS joins a list of over 100 top-performing digital assets on the NowPayments network, and businesses can integrate through APIs, plugins, invoices, donation tools, and customized solutions.
The highly anticipated EOS blockchain expansion could help propel its price further in the coming years. Its potential to become one of the top five blockchain projects in market capitalization by 2025 suggests that it may be a good investment for long-term investors.
The EOS project still attracts lots of user attention because of the project behind it. The fact today is that there is no cryptocurrency with any risks. EOS is one of those projects with huge potential and relative minimum risk.
Summing up the EOS coin price prediction, we are bullish on this cryptocurrency. Even though this coin has stayed stable over the last few years, there were times when it fell below 90%, erasing most of the gains of early investors.
EOS may seem like a solid investment. Although the EOS price forecast here varies, we predict it will keep rising. So, if you believe in EOS and want to invest in it, it is better to conduct thorough research before investing in it. Ensure you invest money you can afford to lose.
Source: https://www.cryptopolitan.com/eos-price-prediction/