How High Can EOS Go?
Lets assume that 80% of ERC20 tokens were scams or are now abandoned projects, and we are going to 1 trillion total mcap, and money is flowing back in to not only Bitcoin but from Bitcoin to altcoins (not that I consider EOS an altcoin to Bitcoin) then all of that money will be distributed to much fewer cryptos. .
The past week ETH has risen about 5% whereas EOS has risen 25%. If this were to continue in a bull market towards 1 trillion, EOS would overtake Ethereum in about 10-12 weeks reaching a market cap around $40 billion and a price of $42USD.
How high can EOS go eventually? 500$ per token? It could.
What do you think? Does my prediction sound reasonable? Or is it way too positive or perhaps too negative?
I believe that in case of worldwide mass adoption, the price of 1 EOS could even go twice your maximum prediction and even much more. Let's not forget that only 0.5% of the internet users are using blockchain technology. Imagine that in 10 years, a third of all the internet users start using dapps inside EOS... Imagine that even non-internet users could use EOS without knowing it (a bus ticket at a bus station delivered through a dapps turning with EOS...) We could potentially have a very good surprise on a medium-long term period with EOS's price.
The EOS revolution is spreading around the world! Even devs who had chosen ETH to develop Dapps start having some regrets and start migrating to EOS. Last example in date is UNICO.
The future is BRIGHT for EOS! Only quantum computing could do better.
Love this comment!
You should join Trybe as well :)
https://trybe.one/starting-kit-for-the-eos-universe-my-favorite-tools-and-dapps/
I think we will see the $ 1,000 in 3 to 5 years. No later than!!!
Well I've been using EOS as my main trade on Binance and I gave up on the EOS/ETH pair as every spike and trough seem to be sucking the life out of Ethereum. On Ethereum gains they weren't as high and on the losses they were much deeper. I've ended up moving to the EOS/BTC pairing.
@eosmastering You can read ....