EOS Price Prediction 2023-2032: Is EOS a good investment?

EOS Price Prediction 2023-2032

• EOS Price Prediction 2023 – up to $1.55
• EOS Price Prediction 2026 – up to $3.46
• EOS Price Prediction 2029 – up to $4.99
• EOS Price Prediction 2032 – up to $46.37

EOS, a crypto token formed by the company to promote its decentralized app creation, ranks #47, a little lower on the charts, thanks to its slightly lower market cap of $3,365,472,360. Lately, it has resumed its upward projectile with renewed activities and is viewed by some analysts as a “ticking time bomb.” The similarities between the XRP fractal from 2015 to 2017 and EOS‘s current chart are mind-blowing. 

EOS, jokingly referred to as Ethereum on Steroids, seems like “the world’s most hyped blockchain” is up on its feet and raring to run, but it needs community as much as development.

How much is EOS worth?

Today’s live EOS price is $0.7662, with a 24-hour trading volume of $191,959,481. EOS is up 3.04% in the last 24 hours. The current CoinMarketCap ranking is #69, with a live market cap of $850,968,883. It has a circulating supply of 1,110,621,327 EOS coins, and the max. Supply is not available.

EOS price analysis: EOS price surges to $0.7662, progressing the uptrend

• EOS price analysis shows a bullish outlook today.
• EOS is exchanging hands at $0.7662, up by 3.04%.
• Resistance and support levels stand at $0.774 and $0.7386 respectively.

The EOS price analysis on 7 December shows a price recovery in progress. The uptrend signals a bullish sentiment in the market as the price rises above $0.7000 to $0.7662. EOS has corrected itself from the previous low of $0.7386 and is currently trading at $0.7662, a 3.04% increase in price value.

The near-term support level is 0.7386, while the resistance level is 0.774. In the short term, if the price rises above the 0.774 resistance level, it could signal a further bullish trend, and if it drops below the 0.7386 support level, that could indicate a bearish movement in the EOS market.

EOS/USD 1-day chart: EOS rally high as bullish momentum builds

The 1-day  EOS price analysis chart shows the bullish momentum is gaining traction. The current trend line is above the 10-day exponential moving average (EMA) which signals a strong uptrend in progress.

EOS/USD 1-Day price chart; TradingView

The chart is forming higher highs and higher lows, which is a sign of bullish momentum. The RSI stands at 69, indicating that the price is moving towards a neutral area, but still, there’s room for it to rally high if the bullish bias remains intact.

On the Moving Average Convergence Divergence (MACD) indicator, the MACD line is above the signal line, which indicates that the price may remain in an uptrend. The histogram is also positive, which supports the bullish bias.

EOS/USD 4-hour chart: EOS forms an uptrend pattern as bulls take the lead

On the 4-hour chart, EOS is trading on a higher high and higher low pattern, which could be interpreted as an uptrend. The bulls have been dominating the market as evidenced by the higher high and higher low pattern.

EOS/USD 4-Hour price chart; TradingView

However, a formation of red candlesticks has been observed at the time of writing which could indicate that a price correction may be in progress or the trend might reverse. The RSI is just above 60, indicating that the market is still not overbought, so there’s more room for the price to increase if buyers continue to show interest.

On the MACD indicator, the MACD line above the signal line could indicate a bullish bias in the market. The histogram also shows positive bars, indicating the upward market trend.

What to expect from EOS price analysis

Overall, the analysis of EOS price shows a bullish bias in the market and that there is a chance for a further uptrend as long as buyers continue to show interest. The next level of resistance could be around 0.7900 which needs to be breached for bulls to remain in control. However, if the trend reverses, then the 0.7386 support level could be tested and a correction in price would be seen in that case.

EOS Community Calls for Rejection of Block.one’s Proposed Settlement

In a recent development, the EOS community has voiced its concerns and is actively urging stakeholders to decline the settlement proposal put forth by Block.one. This move comes as a response to the ongoing disputes and disagreements between the two entities.

EOS, a prominent blockchain platform, has been at odds with Block. One, its primary developer, over various issues. The crux of the contention lies in the operational and developmental decisions that Block. one has taken, which many in the EOS community believe are not in the best interests of the platform’s growth and sustainability.

The proposed settlement by Block. one was seen as an attempt to reconcile differences and move forward. However, a significant portion of the EOS community feels that the terms of this settlement are not favorable and might not address the core issues at hand. They argue that accepting such a proposal would only be a temporary fix and could lead to more complications in the future.

As the debate rages on, it’s evident that the EOS community is not willing to compromise on what they believe is essential for the platform’s success. They are rallying together, emphasizing the need for a more inclusive and beneficial resolution that would serve the interests of all parties involved. It remains to be seen how this situation will unfold. However, one thing is clear: the EOS community is determined to ensure that any decisions made will prioritize the platform’s long-term growth and stability over short-term gains.

EOS Price Predictions by Cryptopolitan

EOS Price Prediction 2023

Our EOS coin price prediction for 2023 suggests the price of EOS might reach a minimum of $1.44 and an average of $1.21.The maximum forecast price for 2023 is $1.17.

EOS Price Prediction 2024

Our EOS coin price prediction for 2024 suggests that EOS crypto might reach a minimum of $1.68 and an average of $1.74 with the maximum forecast at $2.05.

EOS Price Prediction 2025

Based on our EOS coin price forecast for 2025, we believe that by this time, the crypto may reach a minimum of $2.52 and an average of $2.61.The EOS price forecast for 2025 suggests EOS will attain a maximum price of $2.98.

EOS Price Prediction 2026

According to our EOS forecast for 2025, we expect EOS to have a maximum price of $4.48. We expect a minimum price of $3.72, with an average price of $3.83. Once developments and partnerships in the EOS ecosystem mature, EOS can be a good investment in 2025.

EOS Price Prediction 2027

Our EOS prediction for 2027 suggests that the currency may reach a minimum of $5.54 and an average of $5.73, with the maximum forecast at $6.42.

EOS Price Prediction 2028

In our EOS price forecast 2028, we predict that the crypto might reach a minimum of $7.80 and an average trading price of $8.08.The maximum forecast price of EOS in 2028 is $9.10.

EOS Price Prediction 2029

According to our EOS coin forecast 2029, the crypto might reach a minimum of $11.34 and an average trading price of $11.74 with a maximum value of $12.04.

EOS Price Prediction 2030

Based on our EOS coin forecast for 2030, the crypto might reach a minimum of $16.47 and an average trading price of $17.06, with the maximum forecast at $19.45.

EOS Price Prediction 2031

According to the EOS coin forecast for 2031, EOS cryptocurrency might reach a minimum of $24.35 and an average trading price of $25.03, with the maximum forecast at $28.98.

EOS Price Prediction 2032

Our EOS price prediction forecast 2032 suggests EOS crypto will continue on a bullish trend. The forecasted eos price might reach a minimum of $34.66 and an average closing price of $35.67, with the maximum forecast at $41.49.

EOS Predictions by Digital Coin Price

Digital Coin Price has a bullish outlook on EOS and believes the price will reach $1.96 by the end of 2023 and $2.34 by the end of 2024. According to their prediction, EOS could reach as high as $3.27 in 2025 with a minimum forecast of $17.72. Their long-term price prediction for EOS is $9.47 in 2031 and could reach as high as $17.57 in 2030.

EOS Predictions by Wallet Investor

WalletInvestor gives a more bearish long-term price prediction, predicting a one-year price point of $0.115, which represents a decline of 87 percent from the current price. The website is bearish on the long-term prospects and suggests a five-year price point of $0.0115, representing a decline of 99 percent from the current price.

EOS Predictions by Changelly

Changelly uses AI algorithms to make price predictions. According to the website, EOS is a good investment for the long term, with a forecast of $2.05 in December 2024 and a maximum price point of $4.48 in December 2026. By 2030, according to their prediction model, EOS could reach trade at $16.47 as the lowest price and reach as high as $19.45.

EOS Price Prediction by Industry Influencers

The EOS blockchain has become one of the most favored Layer-1 smart contract protocols in cryptocurrency. Its creation empowered scalability and made it a direct opponent to Ethereum’s domination in smart contracts development.

Numerous specialists have contributed their guesses on the trajectory of EOS’s price as its utility in the decentralized economy continues to strengthen. This has sparked forecasts for what we can anticipate from EOS in upcoming years.

Market analysts have suggested that EOS may have the potential to become one of the top five blockchain projects in terms of market capitalization by 2025. Analysts also cite the increasing level of development activity and partnerships as major elements that will drive up the value of EOS in the coming years.

Also Read:

• EOS Mining: The #1 Mining Guide For Beginners
• Bitcoin and EOS drive DApp growth
• How to Buy EOS Coin in 3 Easy Steps?
• What’s the Next Price Target for EOS?

EOS Price History

Based on the latest data, EOS is currently priced at $0.88 and holds the 44th position in the overall cryptocurrency market. The circulating supply of EOS is approximately $957,673,983.74, with a market capitalization of 1,093,262,273 EOS. Recent developments have indicated significant potential for EOS, making it an attractive investment opportunity. In the past month alone, the price of EOS has surged by 6.61%, adding an impressive average of $0.06 to its current value. This rapid growth suggests that EOS has the potential to become a reliable asset if the positive trend continues.

New Developments In The EOS Network

Dotgems — a famous NFT studio and creative agency — collaborated with EOS to introduce the EOS ecosystem map NFT series. The essence of the collaboration is to present the NFT series, thereby commemorating all current active EOS projects as the $EOS coin claims its independence.

The EOS Network Foundation (ENF) announced the release of the Antelope Leap 3.1 consensus update. The Foundation announced that this latest update would sever ties with Block.one and Bullish.

What is EOS?

EOS is one of the best-known cryptocurrencies today that allows building decentralized apps (DApps) simple and scalable. EOS cryptocurrency was developed by a company called Block.one.

Founded by software programmer Daniel Larimer and entrepreneur Brendan Blumer, who still hold the roles of CTO and CEO, the company began to work on the project in 2017.

In June 2018, the EOS officially went live after a year-long Initial Coin Offering (ICO). The ICO raised more than $4 billion, despite the prohibition on participation from U.S. investors. To this day, the ICO is one of the largest token sales, while the EOS blockchain continues to be one of the largest cryptocurrencies by market capitalization and trading volume.

How does EOS Work?

EOS uses its own proof of stake EOSIO blockchain that processes transactions quickly, scalable, and secure way. The EOSIO 2.2.0-rc1 includes three new features: Read-only Queries, Private Chain Access, and Resource Payer.

Initially, EOS used ERC-20 tokens to distribute the coins raised in the ICO, which helped ease the ICO process as the ERC-20 token was frequently used to raise an ICO.

Later, all of the ERC-20 tokens were converted to native EOISO blockchain tokens, allowing token holders to finally transact and operate on the network.

Block producers on the EOS network are chosen in a delegated-proof-of-stake mechanism (DPoS), which requires EOS token holders to lock in their coins for more than three days.

The DPoS mechanism allows for a lower entry threshold, which results in more decentralization, less power used, and more scalability for the network.

Existing EOS partners

Recently, Google announced that it has partnered with Block.one, to become a block producer for the network. It is one of the largest partnerships in the cryptocurrency ecosystem to date and will likely further increase EOS’s popularity.

Another great partnership for EOS and its developer, Block, was recently made with investor LACChain, an Inter-American Development Bank initiative to promote blockchain use and crypto market development across Latin America and the Caribbean.

A similar partnership was made in Asia in 2018, as a $200 million joint venture fund – EOS Global- was created with local blockchain technology entrepreneurs Michael Cao and Winnie Liu.

Recently, Wyoming became the first country worldwide to give official status to an EOS-based DAO or decentralized autonomous organization. The DAO named American CryptoFED features two tokens, Ducat, and Locke, with a cap of 10 trillion tokens.

Projects Built on EOS

• Eosfinex is a non-custodial trading platform that allows trading using the security of an EOS non-custodial wallet.
• EOSDT is a decentralized stablecoin, just like the well-known USDT. It is available on large exchanges such as HitBTC, Bancor, and Changelly.
• Defibox combines the blockchain with DeFi protocols allowing to Swap and Lend by using their native stablecoin – BOX.
• Upland is a virtual property trading game that runs on the EOS blockchain. It has over 35 thousand users with over $500 thousand worth of transaction volume.
• American CryptoFed DAO is the world’s first payment structure to issue a digital asset whose value is noninflationary.

Conclusion

In 2022 the EOS price has been rallying with the broader crypto market and recovered from the bear market. The EOS token price has seen several market movements in the past year. EOS has struggled to rediscover its form since hitting an all-time high (ATH) of $22.89 in 2018. Despite this, the EOS price has largely traded with the broader crypto market.

Embracing its decentralized nature, EOS has recently created a yield project to offer users greater rewards for staking their cryptocurrency. The team tweeted: “Starting today, you can expect to see more opportunities to earn higher APY% for staking $EOS + $USDT. And because liquidity rewards are based on TVL, game theory indicates that Yield+ will reduce the liquid supply of $EOS as more tokens are locked into smart contracts.”

The EOS team recently added NowPayments, an EOS payment support for merchants.NowPayments, a prominent crypto payment facilitator, has just announced that they now offer services to include the EOS token. This is groundbreaking news for businesses and medium-scale merchants as NowPayments has provided them with various tools allowing them to accept payments in EOS tokens.

This could see them use it for services rendered or for charitable donations. EOS joins a list of over 100 top-performing digital assets on the NowPayments network, and businesses can integrate through APIs, plugins, invoices, donation tools, and customized solutions.

The highly anticipated EOS blockchain expansion could help propel its price further in the coming years. Its potential to become one of the top five blockchain projects in market capitalization by 2025 suggests that it may be a good investment for long-term investors.

The EOS project still attracts lots of user attention because of the project behind it. The fact today is that there is no cryptocurrency with any risks. EOS is one of those projects with huge potential and relative minimum risk.

Summing up the EOS coin price prediction, we are bullish on this cryptocurrency. Even though this coin has stayed stable over the last few years, there were times when it fell below 90%, erasing most of the gains of early investors.

EOS may seem like a solid investment. Although the EOS price forecast here varies, we predict it will keep rising. So, if you believe in EOS and want to invest in it, it is better to conduct thorough research before investing in it. Ensure you invest money you can afford to lose.