In this article, ChangeNOW will break down the basics of EOS cryptocurrency and make a prediction on the EOS crypto future price. We base our opinion on the current market chart analysis, opinions of cryptocurrency influencers and our own analytical projections, formong an EOS crypto price prediction as a result.
What is EOS crypto?
EOS crypto is a blockchain-based platform focused on DApps (decentralized applications) development. The functions of the network are similar to the ones of Ethereum, so EOS was already nicknamed “Ethereum Killer” by the loyal following community. The platform makes decentralized apps creation easy by bringing the best features of different smart contract technologies. In general terms, EOS crypto aims to create a DApps platform that is convenient, scalable and simple to use even for an untrained person. EOS crypto focuses on making a complete system rather than some part of it, hence they provide services like user authentification, cloud storage and so on.
Applications built on EOS do not require micropayments for sending transactions and performing something on the blockchain. The app developers themselves are the ones who determine how their users pay.
Another great thing about EOS crypto is scalability – the network can process millions of transactions per second due to its work mechanisms and technology.
EOS crypto price prediction 2019
Cryptocurrency market is a highly volatile space, so making cryptocurrency price predictions is generally a challenging task. However, ChangeNOW made short-term and long-term EOS price projections, basing our opinion on the current market state, EOS crypto price charts and already-existing EOS crypto price predictions. The latest EOS price chart is provided below.
At the time of writing, EOS crypto is trading at $1.69 and there has been a positive movement of EOS crypto price recently. We can clearly state that EOS crypto is a very technologically advanced platform, so its growth speed and the acceptance is higher than even the most powerful of competitors (such as Ethereum). For now, it looks like 2019 will start at a good note of EOS crypto – there might be some periods of volatility as the spring approaches, but the general upward trend is clear. The long-term projection for this cryptocurrency seems pretty nice overall, too. EOS crypto has the potential to gain usability, as many people are interested in decentralized apps right now.
ChangeNOW believes in the good chances for EOS crypto value to go up and this crypto to become even more of a decentralized app sensation.
— Block.one (@block_one_) December 3, 2018