EOS Price Prediction Series #1

in #eos9 years ago

Hello and welcome to my EOS Price Prediction series!

enter image description here

Just yesterday EOS closed the first 5-day ICO window and funded an incredible amount of 651,902.18 Ether. Many investors are not really sure, if their investment is profitable when there is no cap and the ICO will continue about a year on a daily basis.

I have made my on thoughts, if EOS will be profitable and what i'am willing to pay for a token. From my experiences it works best to compare EOS with it's main competitor Ethereum.

Let's assume the EOS token price on the first 5-day ICO windows marks the floor of the price and compare it to Ethereum:

SymbolToken PriceSupplyMarket Cap
Ethereum272.00 USD92,962,232.00 ETH25,285,727,104 USD
EOS0.84 USD1,000,000,000.00 ETH840,000,000 USD

In this case EOS market cap would be relatively small when compared to Ethereum. At the time writing this Ethereum is about 30 times more valueable than EOS.

So this is a really good starting point when looking for a long term perspective for EOS.

If you think EOS can reach more than 3% of Ethereums current market cap, this investment will be a profit. In my opionion it has easily the potential to gain between 25-50% of Ethereums market cap over the next 3 years.

Whatever you think, this will be the EOS token price, that you could be interested in:

ScenarioEOS Token PriceGain
EOS (5-day ICO Window)$0.840.00%
EOS reaches 25% of Ethereum Market Cap$6.32752.55%
EOS reaches 50% of Ethereum Market Cap$12.641505.10%
EOS reaches 75% of Ethereum Market Cap$18.962257.65%
EOS reaches 100% of Ethereum Market Cap$25.293010.21%

This prediction currently relies on data of the first 5-day ICO window.
It will be interesting to see, if the ICO price will fall under this mark over the next year.

Whatever happens, i'll keep you updated.

Cheers,
roomservice

Sort:  

Let me give a few of my take on this if you allow me.

I for one did not participate in the EOS 5 day volume. I'm interested to see how the market will provide the price for the token. And will buy in small increments as we continue it's release of tokens for the next 300+ days. I do believe it will be one of the most valuable tokens if not the best one day but I'd like to see how the price would fluctuate over the course of the months.
Good read. Looking forward to your next prediction series.

Thanks for your kind feedback!

I'am following a similar strategy right now. Bought some Ether between 200-250 USD in order to invest later this year. There is a good chance that you will see more EOS tokens for your Ether later this year then right now.

if it has a huge circulating volume, then the price will surely come down below $1

This "nice" guy flag new user just for fun.

Thanks your prediction! I think eos is a good long term investment!

I'm thinking the first 5 day ICO price is the ceiling, not the floor. At least for the first year...while the uncapped ICOs continue. After that, I agree with you that we should compare valuation to Ether.

Wann bekomme ich den von dir angerichteten Schaden ersetzt?

Wir warten noch das du deine Racheflags entfernst. Dauert 5 Minuten dann ist wieder Frieden in der deutschen Community.

Je länger du wartest je mehr Zahlungen gehen verloren und dann muss ich andere Wege finden den Schaden von dir ersetzt zu bekommen.

This "nice" guy likes to flag new Steemit user just for fun.

Hey, very nice price prediction. As of now, the price of EOS after 5 days of token sales looking promising and I believe that in next 1 year its price will be more than $10. The team behind the EOS are good and I also bought the EOS in the first 5 days of sale. Currently, it is trading at its more than double price as it was on ico.

If you are confident with these predictions, it is probably a good idea for me to invest in EOS.

What do you think?

Of course, i can't forsee the future and give any garantuees. The crypto market moves so fast at this times.
If you haven't investet into EOS yet, i would advise to be patient and wait a few month until the HYPE and FOMO wears of a little bit and grab some cheap Ethereum instead.

Wait for a good buying opportunity (0.50 - 0.80 USD for example) - http://eosscan.io/ is a great tool for this purpose.

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.099
BTC 64144.58
ETH 1798.79
USDT 1.00
SBD 0.38