EOS/US Dollar (EOS/USD) Price Charts for Aug 29th 2017
| The value of EOS for today is $1.29200137 . It has a current circulating supply of 315 Million coins and a total volume exchanged of $18,249,375.1 . Market Cap $407,050,168.4 |
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Its public knowledge there will be 1 billion EOS tokens so the market cap is based on 1 billion tokens.
On Github where EOS is being worked on, the first milestone is due in September which is to have a test network up and running. Once developers can see it and test it, I'm expecting that market cap to rise significantly.
So you have around 2 weeks left to buy at these low prices.
I agree with you. Its funny like people always point out the dilution. It is in the price people its not a secret :)
Also have high hopes for the first milestone :)
It's common knowledge that Market Cap is based on supply multiplied by price of last trade.
If it were to be based on proposed supply of 1 Billion it would not currently be $407,050,168.4.. :)
When I first started trading I always thought Market Capitalization meant how much money is invested in the Token divided by the amount of shares but then I realized that it's all b.s. and that if someone dude decided to buy a bunch for a lot it will pump up the price in such a fake way... that's nasty.
Correct, way too much attention going to market cap, it's only a tool to help gauge the temperature of the market, not the asset.
I blame coinmarketcap.com
Thank you for sharing this valuable information!
You're welcome my friend :)
👍🏼😁
This is a perfect time to get some eos. I wonder if I can buy some with SBD, any idea?
You'd have to trade out of SBD into something else. You'll need ETH to buy direct and I am unsure if any markets are available for BTC to EOS..
You could trade SBD for BTC, then BTC to ETH, then ETH to EOS ..
Or, use https://blocktrades.us/ for an SBD to ETH trade, then buy EOS on Kracken or another open market...
Kraken = BTC/EOS