EOS is the native cryptocurrency for EOSIO, an open-source blockchain technology that allows developers to build decentralized applications or ‘dApps.’ The coin is recognized as one of the leading tokens in the crypto world, although the market capitalization is not that big. While Ethereum is far more popular, experts know better than to equate popularity with quality.
EOS focuses on speed, scalability, and flexibility — all important things that give it an edge in the eyes of experts. What’s more, EOS tries to solve the problems of limited availability of resources on the network, false transactions, similar requests, spamming apps, and some more. What does the future hold for those who are full of hope that EOS will increase? Let’s find out about EOS and crypto trading.
The article covers the following subjects:
- Elliott wave analysis highlights and key points:
- What is EOS?
- Weekly Elliott wave EOS analysis as of 26.08.2024
- EOS Technical Analysis
- EOS Price Prediction 2024
- EOS Price Prediction for 2025 by Crypto Experts
- Long-Term EOS Price Predictions for 2026-2030
- EOS long term price predictions for 2030-2050
- How Has the Price of EOS Changed Over Time?
- Is EOS a good long-term investment?
- EOS Price Prediction FAQs
Elliott wave analysis highlights and key points:
- EOSUSD: according to the Elliott wave analysis, the EOSUSD pair will likely continue rising in the impulse sub-wave (5) during this trading week. Consider buying the cryptocurrency at the current level, taking profits at 0.62.
Once you've read about the past, present, and future outlook of EOS, hopefully, our article on the EOS coin price prediction will help you make an informed decision on whether it’s worth investing in the coin. Still, this overview is not investment advice, and it depends on you whether EOS should be included in your investment portfolio. Read on to learn about all the important aspects.
What is EOS?
EOS is currently one of the leading crypto-projects, which was developed to resolve the existing lack of flexibility, speed, scalability, and low transaction fees that are still an issue with Bitcoin and Ethereum. EOS operates on its own smart contract platform for decentralized applications (dApps): the EOS.IO blockchain protocol, designed especially as a solution to outperform regular processing and hardware storage and much more interesting stuff.
Back in 2017, EOS developers Brendan Blumer and Dan Larimer publicly released their whitepaper, and the first EOS initial coin offering (ICO) launched in June of the same year. It lasted an entire year and raised a whopping $4.1 billion – breaking all ICO records at the time.
It should be added that EOS is a debatable cryptocurrency compared to other crypto coins. On the other hand, the coin's potential growth is quite promising, all thanks to its groundbreaking technology. The EOS blockchain protocol can potentially transform the future of all dApps and computer resources drastically, custom smart contracts, in case it does refine the internal processes in various industries, as promised by EOS Network Foundation developers. If so, the long-term sentiment of the EOS token will rise rapidly.
Weekly Elliott wave EOS analysis as of 26.08.2024
The EOSUSD daily chart shows the second part of the global corrective trend, which takes the form of a bearish triple zigzag [W]-[X]-[Y]-[X]-[Z]. The motive wave [Y] was completed, after which the price increased within the linking wave [X]. Judging by the initial part, the wave [X] will likely become a double zigzag (W)-(X)-(Y). The first motive wave (W) has been completed. The linking wave (X) is unfolding as a triple zigzag W-X-Y-X-Z. Currently, the pair is forming the second linking wave X.
The linking wave X is horizontal, taking the shape of a sideways pattern [A]-[B]-[C]. The first wave [A] has been completed. The second corrective wave [B] has also been completed as a zigzag (A)-(B)-(C). The final impulse wave [C] is unfolding as an impulse (1)-(2)-(3)-(4)-(5). Most likely, the first four sub-waves (1)-(2)-(3)-(4) have already been developed. The price is rising within the impulse wave (5) to the previous high of 0.62. Notably, the sub-wave [A] finished at this level.
Weekly EOSUSD trading plan:
Buy 0.54, TP 0.62
EOSUSD wave analysis is presented by independent analyst Roman Onegin.
EOS Technical Analysis
There are several tools for an accurate technical analysis of any instrument, including the EOSUSD:
Support and resistance levels. These are the price zones where EOS supply and demand reach equilibrium, and the price tends to bounce off or break out.
Indicators. These are tools based on mathematical formulas that are applied to price data to obtain additional information about the market state, such as the trend direction, the price momentum strength, the volatility, or the likelihood of a reversal. For example, moving averages, MACD, Parabolic SAR, Momentum Oscillator, and others are among the most common technical tools able to project the EOS price tomorrow.
Chart patterns. Particular patterns drawn by the price reflect the psychology of market participants. The most common technical patterns are Head and Shoulders, Double Top, Double Bottom, etc.
Candlestick analysis. This is a method for analyzing the shape and location of candlesticks in a price prediction chart to determine the current balance of power between the EOS buy or sell positions.
Let us analyze the EOS's price chart; the timeframe is D1.
Orange lines (support and resistance levels) indicate the previous price channel that framed the cryptocurrency minimum price and maximum price from October 2022 to May June 2023. Blue lines mark the support and resistance levels of the current local channel, where the price has been trading after the long bearish EOS trend ended. The green lines mark the narrowing of the price into the triangle, often accompanied by a sharp breakout in one direction or another.
As you know, the price movement of almost all crypto assets is cyclical: a sharp gap, then a long flat, then a gradual increase in volatility, accompanied by an exit from local channels, then again a gap with breaking through the previous highs/lows.
According to our EOS brief analysis, the EOS USD price is likely to bounce off the triangle legs, reaching level 0.76 and, next, 0.71 from mid-August to mid-September. If you have long positions in your portfolio, we advise you to postpone a hasty sale. During these intervals, attempts to exit the local channel are expected, approaching the support level in the range of 0.69 to 0.7. Next, the price should break out the triangle, most likely downside, which will signal a continuation of the current global downtrend for a short time.
EOS Price Prediction 2024
What will EOS be worth in 2024? Based on the chart analysis, it is clear that significant crypto assets volatility is expected. The predicted levels range from 0.08 to 3 or even 6 dollars per EOS coin. Below are versions from the most authoritative sources.
DigitalCoinPrice
DigitalCoinPrice EOS coin price prediction is based on an analysis of historical performance and current trends. The EOSUSD price is expected to range from $3.76 to $6.42 in 2024, with an average price of $5.08. This means that the price of EOS could rise by 573% by the end of 2024 from the current level of around $0.75.
Trading Beasts
Trading Beasts portal publishes an EOS price prediction based on an analysis of historical performance and current trends. According to them, the EOS could reach around $1.30 at the beginning of 2024 and around $1.58 at the end.
Wallet Investor
Wallet Investor's EOS price forecast is based on the analysis of technical indicators and neural networks. According to the agency, the price of EOS may fall from $0.08 to $0.01 during 2024.
Coin Price Forecast
CoinPriceForecast offers an EOS forecast compiled from various experts' analytics. According to experts, at the beginning of 2024, the EOS/USD price will break through the maximum price of 2022. That is, the EOS future value will be about $3.55 in early 2024, and by the end of the year, the price should reach $4.08. They also provide the crypto price projections up to 2030.
Long Forecast
Long Forecast's EOS price prediction is based on an analysis of economic factors and market psychology. According to their data, the EOS's price range could range from $0.30 to $0.66 during 2024.
Month | Open | Low – High | Close |
2024 | |||
April | 0.54 | 0.54 – 0.67 | 0.63 |
May | 0.63 | 0.53 – 0.63 | 0.57 |
June | 0.57 | 0.45 – 0.57 | 0.48 |
July | 0.48 | 0.44 – 0.50 | 0.47 |
August | 0.47 | 0.37 – 0.47 | 0.40 |
September | 0.40 | 0.38 – 0.44 | 0.41 |
October | 0.41 | 0.41 – 0.51 | 0.48 |
November | 0.48 | 0.37 – 0.48 | 0.40 |
December | 0.40 | 0.32 – 0.40 | 0.34 |
PandaForecast
PandaForecast makes EOS crypto price prediction based on neural network forecasts as well as analysis of historical data. According to their expectations, the EOS crypto at the beginning of 2024 will be around $0.33, and at the end — around $0.20. They also list the minimum price and maximum price for each month in 2024.
Month | Average price | Pessimistic scenario | Optimistic scenario | Volatility, % |
2024 | ||||
April | 1,0041 | 0,9278 | 1,1567 | 19,79% |
May | 0,9259 | 0,801 | 0,9734 | 17,71% |
June | 1,0033 | 0,9442 | 1,0796 | 12,54% |
July | 1,0014 | 0,9215 | 1,049 | 12,15% |
August | 1,1841 | 1,1008 | 1,2763 | 13,75% |
September | 1,247 | 1,1428 | 1,4295 | 20,06% |
October | 1,1807 | 1,0932 | 1,3422 | 18,55% |
November | 1,1785 | 1,0508 | 1,2322 | 14,72% |
December | 1,2994 | 1,1167 | 1,4327 | 22,06% |
EOS Price Prediction for 2025 by Crypto Experts
Opinions about 2025 vary greatly. Some sources predict stable growth, some predict a slow decline, and others see wild fluctuations throughout the year. Yet, the experts think it is not the reason to lose faith in EOS.
DigitalCoinPrice
EOS price prediction by DigitalCoinPrice is based on the analysis of historical data and current trends. According to them, the price of EOS/USD will be around $2.91 in 2025.
Trading Beasts
Trading Beasts suggest a forecast based on the price past performance and current environment. The EOS value will be around $1.58 at the beginning of 2025 and around $1.93 at the end.
Wallet Investor
Wallet Investor makes a forecast for EOS based on technical indicators analysis and neural networks. According to them, the price of EOS will fluctuate between $0.01 and $0.02 during 2025.
Coin Price Forecast
CoinPriceForecast publishes a forecast for EOS based on the analytics of various experts. According to their data, the average price of EOS USD at the beginning of 2025 will be around $4.86; at the end, it will be around $5.41.
Long Forecast
Long Forecast provides an EOS price prediction based on an analysis of economic factors and market psychology. According to them, the EOS should be from $0.22 to $0.49 during 2025.
Month | Open | Low – High | Close |
2025 | |||
January | 0.34 | 0.27 – 0.34 | 0.29 |
February | 0.29 | 0.29 – 0.36 | 0.34 |
March | 0.34 | 0.31 – 0.35 | 0.33 |
April | 0.33 | 0.26 – 0.33 | 0.28 |
May | 0.28 | 0.22 – 0.28 | 0.24 |
June | 0.24 | 0.20 – 0.24 | 0.21 |
July | 0.21 | 0.21 – 0.26 | 0.24 |
August | 0.24 | 0.19 – 0.24 | 0.20 |
September | 0.20 | 0.20 – 0.25 | 0.23 |
October | 0.23 | 0.21 – 0.25 | 0.23 |
November | 0.23 | 0.18 – 0.23 | 0.19 |
December | 0.19 | 0.19 – 0.21 | 0.20 |
PandaForecast
The EOS price prediction 2025 by PandaForecast is based on neural network projections and analysis of historical data. According to their data, the EOSUSD price range at the beginning of 2025 will be around $0.20, and at the end — around $0.12. They also list the pessimistic and optimistic forecasts for each month in 2025.
Month | Average price | Pessimistic scenario | Optimistic scenario | Volatility, % |
2025 | ||||
January | 1,3833 | 1,1757 | 1,5331 | 23,32% |
February | 1,4911 | 1,3692 | 1,6186 | 15,40% |
March | 1,5194 | 1,3462 | 1,7273 | 22,06% |
April | 1,6406 | 1,4536 | 1,8557 | 21,67% |
May | 1,7248 | 1,6494 | 1,9575 | 15,74% |
June | 1,7904 | 1,5352 | 1,889 | 18,73% |
July | 2,1135 | 1,8164 | 2,2701 | 19,99% |
August | 2,3143 | 2,178 | 2,6397 | 17,49% |
September | 2,754 | 2,4453 | 2,9947 | 18,35% |
October | 2,5604 | 2,215 | 2,8961 | 23,52% |
November | 2,4923 | 2,3834 | 2,6154 | 8,87% |
December | 2,0424 | 1,8523 | 2,1627 | 14,35% |
Long-Term EOS Price Predictions for 2026-2030
As it’s challenging to make such a long term EOS prediction, analysts’ forecasts for the EOS market in 2026-2030 differ a lot. Only time will tell who was more accurate. Let us have a look at the EOS performance in five years, as expected by cryptocurrency experts.
DigitalCoinPrice
DigitalCoinPrice's EOS price prediction is based on an analysis of historical performance and current trends. According to them, the EOS value will be around $3.63 in 2026, around $4.42 in 2027, around $5.41 in 2028, around $6.03 in 2029, and around $7.38 in 2030.
Trading Beasts
Trading Beasts experts have provided an EOS forecast based on an analysis of historical performance and current trends. They believe that the EOS at the beginning of 2026 will be around $1.93, and at the end of 2026, it will be around $2.35. According to their EOS price prediction 2030, the coin will be about $3.63 at the beginning of the year and at the end - about $4.42.
Wallet Investor
Wallet Investor provides an EOS price prediction based on analyzes done with technical indicators and neural networks. They say the EOSUSD price may fall from $0.0432 to $0.0133 during 2026-2028.
Throughout 2026, EOS will trade in the range of 0.02-0.04 USD per coin. It is quite expected that Wallet Investor analysts predict a medium-downtrend until the end of 2026. The closing price for the year is about $0.045.
In the first few months of 2027, the EOS could be worth $0.0286 before dropping to $0.0200 in early 2028. Analysts do not provide forecasts for later dates.
Coin Price Forecast
CoinPriceForecast experts give the most optimistic EOS price prediction for the period 2025-2030. The price of the coin in the middle of 2025 is expected to be $4.86; at the end of the year, the ESO will be around $5.41.
Long Forecast
Long Forecast provides an EOS forecast based on an analysis of economic factors and market psychology. According to their projections, the EOS's price could range from $0.16 to $0.37 during 2026. They also list the average, minimum, and maximum prices for each month in 2026. Analysts offer an EOS crypto price prediction 2030 and suggest that the EOS rate can fluctuate from $0.10 to $0.23. They also provide the average, low, and high prices for each month in 2030.
Month | Open | Low – High | Close |
2026 | |||
January | 0.20 | 0.20 – 0.25 | 0.23 |
February | 0.23 | 0.23 – 0.29 | 0.27 |
March | 0.27 | 0.27 – 0.33 | 0.31 |
April | 0.31 | 0.31 – 0.39 | 0.36 |
May | 0.36 | 0.36 – 0.45 | 0.42 |
June | 0.42 | 0.42 – 0.52 | 0.49 |
July | 0.49 | 0.42 – 0.49 | 0.45 |
August | 0.45 | 0.43 – 0.49 | 0.46 |
September | 0.46 | 0.46 – 0.57 | 0.53 |
October | 0.53 | 0.47 – 0.55 | 0.51 |
November | 0.51 | 0.51 – 0.60 | 0.56 |
December | 0.56 | 0.56 – 0.70 | 0.65 |
2027 | |||
January | 0.65 | 0.51 – 0.65 | 1.15 |
February | 0.55 | 0.47 – 0.55 | 1.138 |
March | 0.50 | 0.50 – 0.62 | 1.158 |
April | 0.58 | 0.51 – 0.59 | 1.144 |
May | 0.55 | 0.43 – 0.55 | 1.166 |
June | 0.46 | 0.46 – 0.55 | 1.16 |
July | 0.51 | 0.41 – 0.51 | 1.151 |
August | 0.44 | 0.39 – 0.45 | 1.122 |
September | 0.42 | 0.36 – 0.42 | 0.39 |
PandaForecast
PandaForecast is optimistic about how much EOS will cost.
Month | Average price | Pessimistic scenario | Optimistic scenario | Volatility, % |
2026 | ||||
January | 1,7242 | 1,6423 | 1,8848 | 12,86% |
February | 1,8422 | 1,7337 | 1,9227 | 9,83% |
March | 1,8107 | 1,7178 | 2,0859 | 17,65% |
April | 1,9104 | 1,7289 | 2,0593 | 16,04% |
May | 1,7616 | 1,534 | 1,8587 | 17,47% |
June | 1,7884 | 1,6423 | 1,9039 | 13,74% |
July | 1,7952 | 1,5394 | 1,9077 | 19,31% |
August | 2,1363 | 1,844 | 2,4082 | 23,43% |
September | 2,3311 | 2,1805 | 2,4905 | 12,45% |
October | 2,2957 | 1,9947 | 2,5268 | 21,06% |
November | 2,0907 | 1,904 | 2,3727 | 19,75% |
December | 1,7014 | 1,4719 | 1,8921 | 22,21% |
2027 | ||||
January | 1,7046 | 1,5362 | 1,8601 | 17,41% |
February | 1,7856 | 1,6601 | 2,0298 | 18,22% |
March | 2,0027 | 1,7858 | 2,1663 | 17,56% |
April | 2,2006 | 1,8828 | 2,3678 | 20,48% |
May | 2,1838 | 1,8561 | 2,3789 | 21,98% |
June | 2,1755 | 2,0185 | 2,3822 | 15,27% |
July | 2,5186 | 2,2937 | 2,8919 | 20,68% |
August | 2,8919 | 2,5842 | 3,1831 | 18,82% |
September | 3,1886 | 2,8675 | 3,5763 | 19,82% |
October | 2,9644 | 2,756 | 3,201 | 13,90% |
November | 2,5195 | 2,2658 | 2,8546 | 20,63% |
December | 2,7493 | 2,6396 | 3,1671 | 16,66% |
EOS long term price predictions for 2030-2050
The trend towards the legalization of the crypto market in many countries, along with the EOS growth in the market cap of various tokens, stimulates the demand for a digital independent currency among retail and institutional investors. However, cryptocurrency also faces a number of issues and challenges, such as high volatility, regulatory uncertainty, technical difficulties, competition between different projects, and the threat of cyber attacks.
However, based on historical data, EOS will repeat the past rally, and the estimated growth is up to $7 in the first half, then $15 in the second half of the 30s.
Next, there will be a short-term decline to $10 in the early 40s, which will become the ultimate support level. It is likely that from the 40s, the EOS tokens will go up steadily, exceeding all previous highs, overcoming 20%-40% of its value every few years.
EOS Price Projections for the Next ten years
Below are combined EOS price predictions of agencies and resources already familiar to us, and then we made a conclusion about what the price of the EOS coin will be by 2050.
EOS price forecast for 2030
According to Trading Beasts EOS prediction, the coin price could reach an average price of $8.95 by the end of 2030 and $10.93 by the end of 2035. Wallet Investor expects the price to rise to $14.63 by the end of 2030 and $28.88 by the end of 2035. CoinPriceForecast analysts' forecasts are more optimistic. They believe the cryptocurrency price will exceed $18.87 by the end of 2030.
EOS price forecast for 2040
Trading Beasts expects EOS to hit $13.32 by the end of 2040. This means that EOS could grow by around 300% over the next 20 years. Wallet Investor offers an EOS prediction and expects $56.92 by the end of 2040. This means that the value of EOS could rise by about 800% over the next 20 years. According to CoinPriceForecast, EOS's price will reach $62.58 by the end of 2040. That is, the price of EOS could rise by about 900% over the next 20 years.
EOS price forecast for 2050
Drawing a conclusion against the backdrop of crypto market popularization, we can say with confidence that EOSIO has a bright and encouraging future. From 2050, the daily turnover of the EOS coin may go beyond 8 billion, and the price will break through the level of $100. Companies and developers worldwide use EOS.IO to create secure, transparent, and deterministic digital infrastructures, making the EOS a good investment for a long-term trading strategy.
How Has the Price of EOS Changed Over Time?
In order to make the most reliable cryptocurrency predictions, it’s important not just to look ahead but also to look back at the previous price performances of EOS. Here’s how much the value of EOS changed from its launch on July 2, 2017, to August 2023.
EOS current rate in the Forex market: 0.4576 USD. Follow the EOS's price on the interactive chart.
The first whitepaper of EOS network was established in 2017. The open-source software was released on the 1st of June, 2018. It was the most highly anticipated blockchain project of all time. The ICO (initial coin offering) gathered $4 billion, a record-breaking amount at the time.
EOS experienced a significant fall in December 2018 - January 2019. The EOS's price was $1.93, while the highest one before had reached more than $8. The drop in user activity in EOS could be linked to the EIDOS airdrop that significantly slowed down the network.
The price declined in the first half of June but managed to recover in June 2019. EOS reached $8.62. Since February 2019, and for some time, Liquid Apps had been building a second-layer solution for EOS that ran on the company’s DAPP token. Liquid Apps’ solution aimed to take some pressure off the EOS blockchain’s RAM system, which had been bogged down.
From July 2019 to January 2020, the performance of EOS wasn’t very lively and joyful. There were some bright sides, but overall, you can see a strong tendency to decline till February 2020. The price of EOS was $5.36 then. Though it didn’t repeat the previous success, it looked quite good and promising given the price history of the six months before. The reason for such good news was the general tendency of growth in the cryptocurrency world and blockchain technology due to the rise of Bitcoin. Moreover, in January 2020, the second version of the platform — EOSIO 2 — was launched.
A bear trend began in May 2021. However, from February to April 2023, the EOS crypto rose to a level of 1.32 USD, with a peak daily market cap over this period of 332 million. The reason for such changes was the overall growth in the cryptocurrency market due to the rise in the bitcoin price.
Source: CoinMarketCup
EOS Performance in 2021-2022
EOS is a platform for decentralized applications (DApps) that competes with Ethereum, Cardano, and others. The EOS's price fluctuates depending on the cryptocurrency market's general trend, project development news, and market cap. In 2021, the price of EOS peaked at $14 in May but dropped to $3 in June. In the second half of the year, the price recovered to $5 but dropped back to $3 by the end of the year. In 2022, the EOS price continued to decline, trading around $2. At the beginning of 2023, the EOS cryptocurrency dropped to $1; in the second half, it even touched the level of $0.6. EOS is committed to adopting decentralized finance (DeFi) solutions and supporting NFT protocols but is facing strong competition from other platforms.
Source: CoinMarketCap
Start trading with a trustworthy broker
Is EOS a good long-term investment?
Summing up the opinions of the majority of experts, we can conclude that EOS crypto has the potential for growth in the long term. It should be profitable to buy the EOS. However, the EOS projected growth targets can not be defined accurately. Some experts give too positive forecasts, and others suggest the contrary. Nonetheless, we can confidently say that the EOS's price should be rising till the end of 2025.
If you are interested in a long-term investment, then EOS is a good choice that can make a profit. However, if you do not plan to invest in the long term, start trading EOS CFDs. All long-term forecasts are approximate and may change depending on EOS news, political and economic events, potential halving, and other factors. For trading, this is not as important as for investment since you can make money on the price movement both up and down.
What is the Future of EOS? Will EOS go up?
Let us find out if the EOS is a worthwhile investment. Of course, investing in the EOS, like any other crypto, involves significant risks. However, the information collected from the above sources shows that EOS continues to attract much user attention due to its progressiveness. It is important to note that today there is not a single digital currency that would be completely devoid of risks and negative reviews. EOS is one of the projects with huge potential and a relatively low level of risk.
Summing up the analysis of the EOS cryptocurrency project, you may be surprised by how many dramatic ups and downs it has had during its history.
Even though EOS token stayed relatively stable over the last few years, there was a time when it fell a full 93%, erasing most of the gains of early EOS investors. As some experts think, EOS is about to set a new all-time high. Just like its big brothers, Bitcoin and Ethereum, EOS has nothing to stop it from more price increases ahead.
EOS may seem a solid investment. Although forecasts vary, analysts predict EOS to keep rising. The biggest point of contention in forecasts is whether EOS will increase consistently or hit a few hurdles along the way.
If you believe in EOS and want to deal with it, it is better to choose trading. Markets are cyclical, so don’t be blind when there are bearish signals.
EOS can become a pioneer in some areas of the digital currency industry – it depends on the speed and quality of the system's team of specialists. On LiteFinance, you can register a (demo) account and be up to date about all the latest crypto news and forecasts. Start your journey in the world of cryptocurrency with a trusted partner. Trading just got easier. Buy, Sell, Manage, and Trade with LiteFinance. Below is the EOS projected value for the next ten years.
Year | Mid-Year | Year-End |
2024 | $1.09 | $0.98 |
2025 | $1.20 | $1.28 |
2026 | $1.33 | $1.50 |
2027 | $1.67 | $1.50 |
2028 | $1.60 | $1.73 |
2029 | $1.60 | $1.71 |
2030 | $1.82 | $1.93 |
2031 | $2.04 | $2.15 |
2032 | $2.04 | $2.14 |
2033 | $2.24 | $2.34 |
2034 | $2.44 | $2.34 |
2035 | $2.43 | $2.52 |
Source: Coin Price Forecast
Get access to a demo account on an easy-to-use Forex platform without registration
EOS Price Prediction FAQs
In May 2017, Dan Larimer announced the release of the EOS project at the Consensus conference. There are over 800 million EOS tokens in circulation as of August 1, 2023. EOS has no maximum or total supply, and the number of coins is not limited.
The decline can be explained by the dropping value of Bitcoin. As many people know, the rate of Bitcoin affects all cryptocurrencies, including EOS. Bitcoin’s falling trend began in late 2021 when China introduced a new cryptocurrency ban, as the country’s government seemed uncomfortable with the lack of control over the digital cryptocurrency. Cryptocurrencies also took a hit following Kazakhstan’s internet shutdown in January 2022 and geopolitical tensions in February-March.
EOS is now in a bear market. But the prices might be going up in the future, according to many crypto experts. A bullish EOS outlook is seen in most variants of the EOS crypto prediction, which you can check out in this article.
According to our EOS coin review, the expert opinions in this article, and the history of the coin, the answer is: definitely. CoinPriceForecast predicts EOS will reach $7.38 by the end of 2030.
Different cryptocurrency experts don't agree on how high the EOS will rise in the future, but they all think that the dynamic is going to be positive. However, Wallet Investor believes that EOS could be going down a minimum price of $0.01 in 2024.
It is impossible to unambiguously answer this question. According to the EOS predictions by experts, in 2023, the coin rate will fall to $0.08 (according to the Wallet Investor forecast). However, short-term spikes to $1.07 (Trading Beasts) and even $3.38 (CoinPriceForecast) are also expected between these lows. The coin value decreased almost every month in 2022-2023, but this did not make the cryptocurrency market lose its investment attractiveness.
The current price of an EOS coin for today on 02.09.2024 is 0.4576 USD.
EOS can bring good returns in the long run. The EOS tokens were among the altcoins that followed BTC in the 2021 crypto boom. EOS was up 28% by the end of 2021. With the current agenda of attempts to make crypto coins regulated around the world, there is a high possibility that the trends of the previous years will repeat.
Based on the analysis of experts' EOS predictions, news, and market price, the EOS trend may be subject to high volatility due to various factors such as regulation, competition, innovation, and technology issues. All this is good ground for speculation, as most analysts predict that the current EOS price will rise.
Price chart of EOSUSD in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.