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RE: I am Long On EOS and Am Prepared to Hold.

in #eos7 years ago (edited)

One more thing to note, current distribution of EOS is 252000000. Total distribution will be 1B. At current price and total distribution EOS, market cap will be $1.67B, that is 5th overall replacing DASH. EOS is talked about ETH competitor or killer. At full distribution, if it attains 1/4th of ETH's market cap, EOS will be $5 per token ($5B market cap). Therefore, if EOS really becomes a good competitor or alternative to ETH (which has lots of publicity behind it), it is quite possible rise in significant value. However, we have to consider total circulation and other factors such publicity, developments etc. At least it should be above ETC (ETH classic, market cap $1.37B) which has little development. Followed and resteemed :)

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Thanks for taking a minute to read and comment @riseofth! I think EOS has everything going for it and it'll will just be a matter of time before developers flock to it as the best foundation to build their apps on. They may not even care about the coin part, but that's there for them, too.
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