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EOS Price Prediction for 2020 and 2025
From the very beginning of EOS, its founders managed to successfully convince a large number of people in the success and mass adoption of the project. They promised a distributed operating system like Ethereum but predicted it to be much better. Marketing and outreach led to its immediate success, and from its early days, EOS was termed as an “ETH Killer.”
The overall implementation of the project, its concept, and the adopted methodology fascinated the users. Experts started anticipating EOS stronger than Ethereum and had high hopes from the platform. The two main factors that affect the future of EOS includes,
Multiple decentralized platforms like Tezos, Aeternity, Tauchain, and Quantum are direct competitors of EOS and share similar use cases. None of these platforms currently pose a threat to EOS. However, the probability of some of these platforms seeing their heydays exist, and in such a case, the chances of EOS succeeding in the field diminish.
The founder of EOS, Dan Larimer, carries a tarnished image and is known for spinning up projects whereby earning some quick profits but then abandoning them. Steemit and BitShares are primary examples where Dan left the project, forcing the community to take over. Such a history can adversely affect the reputation of EOS, affecting its performance.
EOS Price Prediction for 2020
According to WalletInvestor, EOS Cryptocurrency carries a lot of interest and is thus an excellent option for long term investment. WalletInvestor’s EOS coin price prediction suggests a high probability of the coin gaining back its lost value of $6.104. It also suggests that the price can rise as high as $10 by the end of 2020, but will then return to usual lows and close around this $6 mark.
TradingBeasts carries a positive price forecast for EOS for the year 2020. Its value is likely to grow to $6.4 by June, and then during the later part of the year, predictions suggest the EOS price having the potential of reaching a mark as high as $10.425.
CoinGape claims that by extending the price predictions technical analysis from 2019, EOS price can reach anywhere between $20 and $30 by the end of 2020. Also, it believes that the protocol built by Block.one for EOS is also useful to accelerate the coin’s adoption, giving it an edge over its competitors.
DigitalCoinPrice also carries a similar viewpoint when it comes to EOS coin price prediction. It believes that the EOS price will rise in the future and can reach $8.12 by the end of 2020, making it a profitable investment.
The bar chart shows how the price is predicted to increase over the years up to 2025. It shows the constant increment in price over the years according to the predictions of DigitalCoinPrice. Thus a long-term investment in EOS is a good option for investors.
CRYPTOGROUND believes that a long-term investment in EOS (5 years or more) shall bring substantial amounts of profits for investors. The price of EOS at the time of this post is $4.07, which is predicted to rise to $4.8016 by the end of 2020. The following graph predicts the value of EOS from 2020 to 2025, and as evident from it, long-term investment in EOS is the way to go.
EOS Price Prediction, 2025
WalletInvestor suggests that now is the best time to buy EOS. According to their predictions, the price of this Cryptocurrency can reach $30 by 2025.
According to DigitalCoinPrice, the price of the EOS is going to reach $15.21 by 2025. That shows an overall increase of approximately 2.5 times its current worth.
CRYPTOGROUND predicts that by 2025, EOS has the potential of seeing a 412.15% increase; hence its value can increase to $21.4744. Such staggering numbers indicate the enormous potential offered by EOS to its investors for earning a decent amount of profits.
According to CRYPTOGROUND, the technical analysis carried out with the help of an algorithm reveals that the price of EOS will not experience any decrease in the long term. However, the price may fluctuate from time to time during short intervals.
CoinGape is exceptionally optimistic regarding the growth of EOS and predicts that it may reach $106.77 by 2025. It believes that EOS possesses the potential to surpass Ethereum and dominate the dApp Market in the future. This price prediction, however, is much higher than the future price by all other sources, making it open to debate.
The general predictions for EOS are bullish. The reason that makes this trend achievable is EOS’s ability to rise above its competitors like Tron and Ethereum. Furthermore, the overall Cryptocurrency market is likely to expand in the future, and resultantly an increase in worth can be predicted. However, it’s still a prediction, and what exactly the future holds for this Cryptocurrency can’t be ascertained. Besides, you can also read TRX Price Prediction and see if it is a better longterm investment option than EOS.
Disclaimer: This article by no means offers any trading recommendations. Therefore, all investors are suggested to be advised of the frequent and drastic price fluctuations in the Cryptocurrency market. Invest only after research from multiple sources while acting under local regulations.