EOS is an operating system created for businesses to construct Blockchain applications as a substitution for web-apps while holding similar structural principles. There are two significant things about EOS that make this platform stand out from all the other Blockchain projects. The first is the inadequacy of transactions expenses due to an ownership model where is authorized to use network resources similar to his stake without the need of paying for every sale. This ownership model makes it reasonable to manage your costs before getting included in the system, prognosticating the amount of stake required to maintain your business. The second benefit is the scalability, with a guaranteed operating power of millions of transactions per second.
EOS Forecast 2018
EOS allows the developers to build decentralized apps. These can be created in the public environment. Moreover, scalability can be efficiently achieved with the aid of this platform. Also, it can carry thousands of various commercial decentralized applications. This is the logic why this platform is growing more and more transactions. Recently, EOS has been increasing consistently. Our predictors have analyzed the trading values of EOS and stated that by the end of this financial year, there will be a growth in the cost of EOS and will reach up to $17.46 with a change of 108.69%. These are only the calculated values according to today’s price. It cannot be correct all the time.
Check Also: Bitcoin Cash (BCH) August 2018 Price Prediction
How high can EOS price go in 2018?
EOS is the 5th cryptocurrency in market cap today with a value above $7 billion despite the decline in crypto volume regularly. EOS has been bullish in the past 24 hours obtaining 8% at its price. However, this has not been the case in the past week since the coin dropped over 23% and its recovery remains questionable after the market signaled a bearish trend. But this might not be the case for the long term. The recent study has stated that EOS has a bright future and the values of this coin will increase shortly. Our predictors have analyzed the cost of EOS and have declared that the currency will experience a hike in its value and the maximum price it may reach will be around $21.82.
EOS (EOS): History
EOS came to life in early 2017. The coin has shown considerable growth since its release. EOS token distribution took place from June 26, 2017, to June 15, 2018. The total EOS token cap is determined at 1 billion EOS. 200,000,000 EOS was issued between June 26, 2017, to July 1, 2017, and every following day, 2,000,000 EOS is available. Remaining 100,000,000 EOS is kept reserved for block.one, the issuing company and will not be open to the public. The changes in the market had a significant impact on the trading values of EOS. The benefits of the currency plunged down and started to trade in the red. But EOS was one of the cryptos to swiftly bounce back from this crisis and trade back in the green.
EOS Price Today, Tomorrow and This Week
The current crypto drop has made investors rethink their investment theories and look out for imperfections in their portfolio. The values of almost 80% of the altcoin have dropped, and this has made the mind of investors in doubt. EOS also declined its costs but was quick to react to the crisis. EOS price today is marked as $7.904 with a market cap $7,093,856,650. The predictors believe that the amount is going to have a 1.08% change and will drop to $7.801. And it is predicted that by the end of this week the value of EOS will again drop down to $7.350 with a change of 6.84%. These values cannot be taken as it is, the market may fluctuate anytime. But these type of forecasts gives hopes to the investors to continue to fund in this crypto.
Disclaimer: The content provided in the article should not be practiced as it is, and is not meant to provide, investment advice. Coinsmarketcap and its members, representatives, and writers give the information of the coin with careful study. Please conduct your precise survey before investing in any crypto.