EOS Price Prediction 2024, 2025: Should You Still Buy EOS?

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With the Bitcoin price rising to the heights of $73,000 and aiming at the $100,00 mark, the altcoins are expected to boom in 2024. One such altcoin with immense potential is EOS, a crypto asset that runs on the EOS.IO protocol. Further, it is a platform built especially for developing decentralized apps. It enables the hosting and execution of applications on its own platform. Further, the fundamental traits of the project give it an upper hand and manage to lure marketers into the industry.

Successively, marketers are hopeful of one such run like that of 2021, where it portrayed a triple-digit run in a couple of weeks’ time. Are you one of the many who are hopeful of EOS climbing higher summits once the turmoil subsides? Then look no further, as this write-up will illustrate the feasible price prediction for 2024 and the years to come. 

Overview

CryptocurrencyEOSTokenEOSPrice $ 0.84343788 1.32% Market cap $ 950,683,770.3542Circulating Supply 1,127,153,272.6389Trading Volume  $ 94,305,136.2039All-time high–All-time low–24 High $ 0.827024 Low $ 0.7880

Should You Still Buy EOS (2024)?

If you’re considering investing in EOS, some important factors must be remembered. As a cryptocurrency, EOS presents a very high-risk opportunity due to market volatility. Only put money in if you strongly tolerate risk and see EOS as a long-term investment. Moreover, make sure its goals match up with your own. It could take years to see a return.

Spreading out your investments with a volatile asset like EOS is also a good idea. Don’t put all your eggs in one basket. While EOS promises significant gains if widely adopted, nothing is guaranteed. Further, it faces stiff competition from others. Still, its speed and features may set it apart if developers continue building on its platform.

Do thorough research on EOS’s strengths and limitations before committing. Go into it with realistic expectations. Only invest what you can afford to lose possibly. If you plan to hold long-term and diversify well, EOS could prove a worthwhile part of your portfolio despite the dangers. Ultimately, make the right call for your unique situation and aims.

Factor Impacting EOS Price

When determining where the price of EOS may head in future years, it’s essential to consider what elements can cause its value to fluctuate. Several important factors include:

Adoption levels – If more projects, applications and users start implementing EOS blockchain, demand may rise alongside its price. Competition from other coins – Being outperformed by similar options in the market could cause EOS to lose investors and value. Regulations – Any new rules governments impose around cryptocurrency usage, or ownership would dramatically impact EOS. Hacking or security issues – Major breaches of EOS platforms may undermine trust in the technology and shake the price. Media coverage – Positive or negative headlines about EOS have been shown to strongly sway public sentiment in the short term. General bitcoin/crypto prices – EOS often moves with the wider sector, so broader trends matter greatly.

EOS Price Prediction

YearPotential LowAverage PricePotential High2024$2.116$3.042$4.0652025$3.495$5.082$6.682

EOS Price Prediction 2024

The stars would start inclining in favor of EOS, if it manages to onboard more developers, and attract institutional money. If this materializes in the periphery of 2022, the growing userbase might help the price rocket to $4.065. Conversely, ebbing stance and depleting volumes might leave the price at $2.116. Successively, the regular price could settle at $3.042.

EOS Price Prediction For 2025

EOS might collaborate with certain startups for the enrichment of its blockchain infrastructure. As well as for the transaction speeds by the end of 2025. Successively, EOS might reach as high as $6.682 by the end of 2025. Conversely, The price may slump to $3.495 if the community suffers from huge selling pressure. That being said, the lack of impetus and a linear momentum could conclude the year at $5.082. 

EOS Price Prediction 2026-2030

YearPotential LowAverage PricePotential High2026$4.019$5.997$8.1522027$4.544$6.912$9.6222028$5.068$7.826$11.0922029$5.592$8.741$12.5622030$6.116$9.656$14.032 EOS Price Prediction 2026: EOS’s potential price ranges from $4.019 to $8.152, with an average price expected around $5.997. EOS Price Prediction 2027: The EOS price range in 2027 could vary between $4.544 and $9.622, with an average price of approximately $6.912. EOS Price Prediction 2028: Forecasts indicate a potential low of $5.068 and a high of $11.092, with an average price projected at $7.826. EOS Price Prediction 2029: EOS’s prices could range from $5.592 to $12.562, with an average price around $8.741. EOS Price Prediction 2030: The potential low for EOS is forecasted at $6.116, the potential high at $14.032, with an average price expected to be $9.656.

CoinPedia’s EOS Price Prediction

If the network focuses on strengthening its developer army and continues to stick to revolutionary developments. However, the results of which will eventually reflect on the price of EOS. Further, it could surge to a maximum of $1.3 by the end of 2022. In contrast, a reversal in trends might bring the price down to $0.9. 

Market Analysis

Firm Name20242025Digital Coin Price$2.25$2.72Wallet Investor$0.429$0.0617Long Forecast$0.75$1

Click here to read our in-depth price prediction of Chromia (CHR)!

What Is EOS?

EOS is a project with a design to enable developers to build dApps. The project aims to simplify things for programmers to welcome blockchain technology. Meanwhile, it ensures that the network is simple to use in comparison to its competition. The network was launched in June of 2018 and is fast, efficient, highly configurable, secure, and developer-focused. 

Moreover, the platform also hosts a training and certification programme. According to the makers, the network holds the capacity to accommodate the demands of hundreds, if not thousands, of dApps. Further, the protocol employs parallel execution as well as a modular approach to drive efficiency.  

Fundamental Analysis

The eosio eosio Crypto / Blockchain Solution platform was curated by the firm named “Block.one”. The whitepaper of the project was written by daniel larimer daniel larimer     Since the launch of the Bitcoin network in 2009, Daniel Larimer has been an active developer in the blockchain space, leading the launch of several high-profile cryptocurrency platforms, including BitShares, one of the first live implementations of a decentralized exchange, decentralized autonomous organization, and issuer of custom digital assets; Steemit, the first social media platform built on the blockchain; and EOSIO, a free, open-source protocol designed to bring speed, scalability, and easiness to the blockchain.   In 2018, Block.one released the EOSIO protocol, which has since been maintained and implemented by a community of open-source developers. The EOSIO developer community has created a slew of blockchains, including the well-known EOS Public Blockchain. The EOS Public Blockchain is not owned, maintained, or monitored by Block.one.   The introduction of the Voice social media platform, a decentralised, censorship-resistant alternative to incumbent platforms that rewards quality content and curation through a token system similar to Larimer’s previous project, Steemit, was one of the highlights of EOS in 2019.   Block.one, the firm behind EOS, was fined $21 million by the Securities and Exchange Commission for conducting an unregistered securities offering that raised $4.1 billion over a year. Given the established precedence, this sparked a discussion on industry best practises for token sales moving ahead. EntrepreneurInvestorChief Executive OfficerChief Technology Officer and brendan blumer brendan blumer   Brendan Blumer is an American-based entrepreneur, investor, and executive. He was born on August 8, 1986. He is well known as CEO of block. one, it is the tech company producing the EOS.IO distributed ledger software. He is based in Hong Kong city.              He was born in Cedar Rapids, Iowa. When he was 15 years of age, he fostered a site to sell virtual resources in the multiplayer web-based gaming space. His site, known as Gamecliff (adapted as GaMeCliff), showed various characters, weapons, and houses for MMORPG games including EverQuest and World of Warcraft.    In 2005, His Gamecliff was procured by IGE, and the organization moved to its new central command in Hong Kong to head Gamecliff’s operations. Blumer established The Accounts Network in 2007, an organization that sold in-game MMORPG symbols and came to $1 million in income figures.        In March 2017, He framed Block. One is open-source programming distributing organization. In February 2018, he was perceived by Forbes as one of “The Richest People In Cryptocurrency”. On June 1, 2019, he reported Voice to the world in the Block. One Washington occasion, the B1 June. Voice is a decentralized virtual entertainment created by Block. One and it is presently getting ready to send off its overall beta form booked for August 15, 2020. EntrepreneurInvestorChief Executive Officer . While the position of CEO is held by Blumer, that of CTO is held by Daniel Larimer. 

Inherent to the leading blockchains such as bitcoin org bitcoin org Event OrganiserTechnologyPayment solution , ethereum ethereum Blockchain NetworkTechnology , and litecoin litecoin Cryptocurrencies , EOS was developed to offer speedy transfers. The EOS blockchain is infused with many frameworks and protocols, aimed at accelerating the transaction speeds on the network.

EOS claims to process millions of transactions, making it the fastest blockchain technology. EOS.IO is a blockchain protocol whose native cryptocurrency is the EOS coin. Moreover, EOS is software that sets up personalized blockchain architecture to allow dApps to be scaled horizontally and vertically.

Historical Market Sentiments

2017

EOS entered the crypto market with a trading price of $1.01 in July.  EOS started to grow dramatically as it reached $2.95 in November.  Interestingly, EOS spiked to $11.39 by December and further plunged to the low of $8.69 to end the year.

2018

EOS started the year 2018, with a steady recovery in price, and with a trading price of $9.44.  The price drastically rose to $18.16 by mid January as the market turned to invest in EOS. Later, the price declined to $13.49 by the end of January.   Shockingly, EOS plunged to $4.59 by mid March and further started to recover.  Effectively, the token reached $22.89 to hit an all time high on 29th April.  Later, EOS’s price declined to $1.91 after the crypto market crash. At the end of 2018, EOS was seen exchanging at $2.61.

2019

EOS started the year 2019 with a trading price of $2.595. The price took a steady ascend to $8.662 by the 31st of May.  The altcoin took a plunge to $6.139 by the 8th of June. With certain price variations, EOS swelled to $7.641 by the 23rd of June.  Further the price started to plunge as the bears occupied the market. EOS traded at $2.567 at the end of 2019. 

2020

EOS continued the year 2020 with a price of $2.57. Later the price moved to a significant resistance level in February with $5.27.  EOS failed to maintain the stability of its price, as the price dropped to $1.90 in the mid March.  It was trading between the range $2 and $3 with certain fluctuations throughout the year.

2021

The digital asset had initiated the year 2021 on a bearish note with a price tag of $2.63.  Post a euphoric 49.11% run until the 10th of January. The price fell back to levels around $2.639 on the 12th of January. EOS rallied 153% during the bull run to claim $8.854 by the 17th of April.  After a pull back to $4.95 by the 27th of April. The price shot up 222.66% to $15.126 in mere 17 days.  As the RSI surpassed the overbought regions at 77.76, the price corrected itself to $4.35.  An uptrend pushed the price to $6.48 by the 5th of September. A steady downtrend called for the annual trade closure at $2.961. 

Comparison

EOSChainlinkROI: 0.88%.ROI: 4894.29%EOS Price Is Down 67.37% Since January 1st. LINK Price Is Down 72.65% Since January Peak.YTD Returns: -77.4%.YTD Returns: -71.4%.EOS Price Is Down -95.45% From ATH.LINK Price Is Down -85.2% From ATH.

To read our price prediction of WAVES (Waves) click here!

Conclusion

Ultimately, independent research is critical before investing in EOS or any cryptocurrency. Rather than relying solely on predictions, consider your risk tolerance, goals, and time horizon. Look into potentially safer portfolio diversifiers, too.

For personalized guidance tailored to your unique financial situation, consulting a trusted advisor could also offer value as you make crucial decisions. Further, as with all investments, proceeding with care and understanding the risks involved will best support achieving your objectives, whatever they may be. Only time will tell how EOS and the market will evolve in the coming years.

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