The Greek deity Coin has gained heaps of recognition within the Crypto Market. you want to have detected varied Greek deity Coin News, right? The Greek deity coin has been hierarchal twenty-three within the high crypto assets indicating that it’s a positive outlook in coming back years.
Most significantly, the Greek deity had an awfully undefeated ICO of all time because it raised quite $4 billion. thanks to this several investors are closely gazing at the Greek deity’s worth. But, is it very value investing? during this article, you’ll get answers to any or all the queries associated with this coin. we’ll conjointly attempt to predict the Greek deity’s worth within the coming back years.
What is EOS?
EOS is developed by Block. one and was supported in 2017. it had been discharged as an associate ASCII text file platform in 2018. Basically, it’s a native cryptocurrency for Eos.IO, and for novice investors, EOS.IO could be a blockchain platform.
Like several alternative cryptocurrencies, Eos was created to unravel flexibility, measurability, speed problems, and high fees in Ethereum and Bitcoin. The whitepaper for Eos is written by Dan Larimer and Brendan Blumer and was discharged in 2017. you need to have seen many folks scrutiny Eos to Ethereum. this {can be} as a result of Eos is additionally a blockchain scheme through that people can produce and develop localized apps (dApps).
EOS needs to be the foremost powerful infrastructure for dApps. Block. one has provided all the mandatory tools and resources to assist developers to build purposeful apps quickly. The easy style is its lightness feature.
Many investors firmly believe that Eos can amendment however firms move by providing localized enterprise solutions which might increase productivity considerably.
Interestingly, the house owners of Eos Coin even have the proper to vote on varied problems. victimization blockchain they will participate in on-chain governance. this can facilitate to the formation of necessary selections properly. Eos is additionally supported by noted investors like Peter Thiel and archangel Novogratz.
What is unique about EOS Coins?
In Crypto, Market Eos may be a controversial crypto token. But, thanks to its powerful technology, it’s long profit potential. The blockchain technology behind the Eos.IO will empower several industries and businesses. It will modification laptop resources and the way varied applications work.
Due to these impactful reasons, the worth of Eos, in the long run, will increase. the foremost unnoted issue is that the Block. one chief executive officer and Eos cryptocurrency token’s main developer is Dan Larimer. he’s the one that generated the construct of localized autonomous organizations (DAO) and fancied proof-of-stake.
No marvel he’s referred to as Bill Gates of blockchain. Did you recognize he was an associate degree integral a part of the origination of firms like Steemit, Bitshares, and Graphene? Larimer’s involvement in Eos suggests that Eos is during this race for the long run and its worth can even increase.
EOS Price Analysis and Price Potential
To analyze the price potential of EOS we first need to check its history. EOS was traded at around $1 in 2017. But, by the end of the year, it reached a very high price of $11.39. In April 2018 it skyrocketed and reached its all-time high of $22.89 but it eventually fell to $2.56 by December 2018. In 2021 the EOS cryptocurrency had a price of $2.61 and increased to $8.72 in April. At the beginning of May, the EOS price spiked to $13.47 and then was fluctuating between $6.15 – $6.30 on 1st June.
Considering the total EOS supply, the previous all-time high price of $22.89, and current prices EOS has a strong price potential. Now, predicting the actual value of EOS is quite tough. This is because blockchain technology like EOS is new and still has many years left to show its true potential.
Many investors speculate that Blockchain Technology will upgrade more and revolutionize many industries. If this happens then EOS has the potential to break its all-time high price.
Long Term EOS Price Prediction 2022-2025
EOS Price Prediction 2022
If this bullish trend continues, EOS will reach $35 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $40. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $35 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
EOS Price Prediction 2023
If EOS holds the support level around 200-MA, the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $55, making it not plummet but play consistently.
EOS Price Prediction 2024
If there will be more upgrades and developments in 2024, the EOS price predictions and project forecasts may change. Moreover, these may boost the price of EOS. We can say that the price can still go bullish and spike up to around $75.
EOS Price Prediction 2025
In the next four years, EOS prices could race up to $95. However, reaching this level could not be so difficult for EOS as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that EOS has a high possibility of reaching a new height soon in the next five years as per the prediction.
You need to understand the crypto market is unpredictable and these predictions shouldn’t be your only deciding factor for investing in crypto.
Is EOS a Good Investment?
EOS is a good investment in the long run. But, if you are looking for a short period of investment then better look at other cryptocurrencies. Your investment decision will depend upon your price analysis, fundamental analysis, and future situations in blockchain technology.
According to the data from State of the DApps, EOS is the second-most popular decentralised app development platform as of 24 February 2022. Numerous applications have been deployed on the platform and its use cases include various fields such as gaming and NFTs. However, its price action has remained stagnant over the recent years. Whether the EOS token is a good fit for your investment portfolio depends on your circumstances and risk tolerance. So you should estimate the level of risk you are ready to take before investing. And never invest money that you cannot afford to lose.
EOS has a place in every investor’s portfolio. The development in blockchain development and how it will replace a lot of things indicate that EOS has a bright future. Although there is no definite answer to this question. It depends upon your investment style and taste.
As you know Crypto Market is unpredictable we cannot firmly advise you anything. How much risk investors should take will depend upon their comfort and income. But, as you have noticed through the EOS Coin numbers and what other investors think EOS can benefit you if you make the right decisions.
FAQ
Q1. Who is the founder of EOS?
A. Dan Larimer is the founder of EOS.
Q2. When was EOS crypto founded?
A. The Alpha release of EOS crypto was in 2018 and the latest release was in 2020.
Q3.Is EOS good investment?
A. According to experts and forecasts EOS is a great long term investment.
Whether you’re trapped by EOS and want to get rid of it, or are you going to buy EOS
After reading this article, you will surely solve all your problems.
I said this article is worth 10W +, if you can read it and practice it.
This article will write down the past and present life of EOS.The article includes
Catalog:
What problems does the founding team and EOS solve
How is the current market of EOS and is it suitable for retail investors?
How to do with quilt cover, how about next year’s EOS market
A series of questions will be clearified completely.
It took a week for me to collect data and analyze.
It is divided into three parts
I don’t ask for any reward. I hope you can give me some upvotes
The content will be divided into the following three parts
1. What is EOS?
(1) what kind of currency, what kind of problems it solves, and what is the team background
(2) why did the “star currency” fall? What reason can investors get
2、 As an ordinary investor, how to view EOS
(1) buy or not? Why?
(2) EOS market analysis (about 3-8 months)
① EOS is still in shock, and the trend has not come out yet. It is inevitable that EOS will explode after it comes out
② Bitcoin and EOS and other mainstream currencies have totally different rhythms. Other mainstream currencies will definitely rise
③ EOS is up in the quarter! The short-term does not affect the trend of the large level, and the small level is subordinate to the large level
④ When is the buying time
3、 Have we made any profit
Let’s start now.
(1) what problems are solved
EOS is created by BM, who is a very powerful blockchain boss. He has done three blockchain projects, BTS, EOS and steem. Among the three currencies, EOS is the most famous.
(the above passage can be interpreted as: BM has money, power and team.)
EOS actually is aimed to solve the congestion problem of Ethereum.
EOS is known as the “public chain of the next generation of smart contracts”. We should all know that Ethereum is the starting point of smart contracts, but BM has found a problem that the throughput of Ethereum is too small.
Ethereum is very congested. It can only process a few orders per second, so it is inefficient, and has low performance.
EOS improves transaction throughput by DPS technology, so EOS has been regarded as “blockchain 3.0” since its birth, and its ICO has lasted for a year. (generally, an ICO lasts for a few months, and EOS has been in operation for a year). ICO can be understood as giving the BM team initial funds to do something…
Anyway, the idea is very good, but there is a loophole in EOS – EOS is actually an inflation system.
Every year, some more EOS coins are created, which will naturally affect the price of EOS
But this is not a matter of life and death. What really makes EOS depressed is that:
Retail investors give it too much hope
For digital currencies, making money must be made secretly. Because only 10% or less of the people can make profit, the opportunity can not be disclosed to the world.
For example, EOS, we all know that the technology of EOS is strong, the concept is strong, and the BM is strong. So we sold our houses to buy EOS. Who will pump? Pumping costs too much.
Another example is BCH last year. At the end of last year, all analysts said BCH will be pumped more than $1000. What about the results? If everyone thinks it’s an opportunity, it can’t be an opportunity. In the end, BCH only reached over 400 and made a hasty settlement.
(2) why did “star currency” fall and what can investors conclude
Most people think it is opportunity. If you buy it, you will lose money.
The underlying logic is that the more you buy, the more difficult it will be to pump. Therefore, the makers have to whipsaw.
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As long as retail investors buy at a high level and sell at a low level, the whipsawing is success. Otherwise, the “selling pressure” will be particularly heavy.
At that time, the EOS currency, known as star currency, blockchain 3.0, and K line were all so ugly. It’s not that the EOS currency has no value at all, but that the makers have made a lot of profits. Why do they have to pump to the top to rescue retail investors?
At that time, there was a funny news story. When a man sold his house and bought EOS for $15, the famous saying “the team is working” came out.
2. As an ordinary investor, how do you view EOS
Let’s take a look at the trend of EOS. The market is getting weaker and weaker. There are too many people trapped. The high point of each time is getting lower and lower. If we don’t look at bitcoin, we think it’s a bear market. The fundamental reason is that retail investors have too much expectation for EOS, so they buy them crazily.
With that in mind, we can avoid a lot of scams. Even the coins that all people are optimistic about, you should carefully consider them and don’t buy them blindly.
⑴Buy or not? why? This needs to be divided into circumstances. It is not recommended to buy in the short-term (within one month). In the mid-term, we can buy on dips and buy regularly.
The reason why it is not recommended to buy in the short-term is that eos has trapped too many retail investors, and the market makers can only use time to exchange space to wash the market.
In the short-term, you can buy some favorable coins, such as the folkedcurrency of BCH. You can also choose some coins with better trends in the mid-line. If the technology is good, you can also buy some new coins, such as: FIL.UNI, etc.
Why is it not recommended to buy short-term? ! Take a look at the short-term market of eos
In the previous wave of upsurge, a head and shoulders pattern came out… So the part of the head and shoulders is completely short-term pressure, and the pressure is at 2.97$. (BM uses his mouth to pump when the market drops, eos has gone two independent quotations, and many retail investors were trapped)
From the perspective of trading volume, it can also be seen that all above 3$ are pressure levels, because the head and shoulders pattern has emerged. The trading volume is large, and the support and pressure are large. In short,there is no power to punch, and the needle is only to liquidate the contract. So in the short term, there is no profit at all.
⑵the mid-term trend of eos (about 3-8 months)
If you have already bought eos or are stuck with eos, you should pay attention to the following text, how is the market of EOS in the future 3-8 months, how is the market from February 21 to May 21.
Let me talk about the result first: the mid-line trend is optimistic. Don’t get excited, you have to hold it first.
As I wrote in the previous article, all bids are pulled because the time comes, not because of good news. What is timing? For example, the completion of the accumulation and the strong buying power are all called opportunities.
How can I start doing BTC investments?
What about eos? Is the time yet?
Obviously, the weekly level has been suppressed by the 30-week moving average and by the 19-year trend line. The trend has not yet come out. There is another point. From the daily perspective, EOS is also hovering in a rectangular shock, up and down.
If the price fluctuates within this rectangular range, the time has not come. If it falls below the lower edge, it is a good opportunity to increase the position.
②The rhythms of mainstream currencies such as Bitcoin and eos are completely inconsistent, and they will definitely follow Bitcoin broke through $18,000 today.
But eos is still in the historical low range, so the rhythm is completely inconsistent, but this inconsistency of rhythm will be at a certain point, the mainstream currency will make up, and we are waiting for that point.
The recent yields of mainstream currencies are not as good as Bitcoin, (except for Ethereum). So speaking of this, EOS can still be invested at a low level because it is an ambush.
I will also talk about how to ambush below and how to buy investment regularly.
③ EOS is bullish in the quarter! The short-term does not affect the trend of the major level, the small level obeys the large level I also bought EOs, and I am also waiting for the explosion in the next quarter. I believe that few people notice the quarterly K line. Most people play short-term for 15 minutes. The higher the level, the more clearly the relationship between volume and price can be seen.
Come and see：
Obviously there is a deviation between volume and price. Such a large-scale deviation of volume and price will definitely be covered. Then the opportunity for eos to cover is a quarterly rebound.
So even if the daily line is falling, the weekly line is ugly, but the quarter is bullish, so the result is still up, because the small level obeys the large level.
For example, seele, an altcoin, has the same reason for the quarterly outbreak as mentioned above. When the market makers finished making chips, it is when it rises.
NEO is the same.
This long process is very grueling to individual investors, and we can only wait.
So eos will not be an exception. It’s just a quarter, and the waiting time is relatively long. A rebound will definitely come.
3. Have we ever made a profit for eos?
Yes.On 9.4, the fans were notified in the fan group to buy eos, and the profit was more than ten%
Q. What exactly is EOS?
A. EOS is a decentralised app platform built on the Ethereum blockchain (DApps). It was first released in June of this year. The purpose of the project is to make it easier for developers to get started with blockchain technology and to make it more user-friendly than rival networks.
Delivering more solid security, improved speed, and greater levels of scalability are also top priorities. Electro-Optical System is the abbreviation for Electro-Optical System.
EOS aims to improve the user experience while lowering friction. Its goal is to give businesses a safer and more secure environment. The EOSIO network is the foundation for the cryptocurrency EOS.
Q. How does EOS Work?
A. EOS is a blockchain platform that allows individuals and businesses to create blockchain-based applications. Its primary purpose is to enable individuals to construct decentralised applications (dApps).
EOS has an online toolkit store that aims to make app development as simple as possible. The Basics of EOS.IO and EOS Tokens
EOS.IO software and EOS tokens are the two major components of the EOS ecosystem. EOS.IO is a distributed ledger software that manages the EOS blockchain network’s operations. It’s compatible with all of Dapp’s scaling protocols.
To run DApps, developers must retain EOS coins, which they can only accomplish by consuming network resources.
