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EOS Price Prediction for Upcoming Years

EOS.IO is a blockchain product by Block.One. Block.One majorly deals in blockchain and internet development software. The company introduced its cryptocurrency called EOS in 2018. EOS trades in markets where trading in cryptocurrency is legal. The coin market trade is evincing a boom, especially in developed economies and stock markets like NASDAQ.

Investors willing to trade in EOS can enquire with the top exchanges like:

  • Binance
  • Huobi Global
  • OKEx
  • Upbit
  • Coin Tiger
  • Other listed exchanges

EOS technical analysis and price history

Technical analysis of EOS cryptocurrency can be drawn based on:

Market analysis of Block One

The markets of EOS.IO blockchain products are users of blockchain technology. EOS blockchain by Block.One is based on gen-next technology that enables developers, entrepreneurs, and business firms to build digital infrastructure confidently. Blockchain technology is used for creating digital financial records. Digital ledgers can also record and track medical data, land titles, voting data. Blockchain technology can be used for developing shared, distributed, and immutable digital infrastructure that can establish trust, accountability, and transparency.

With the help of blockchain technology, users in any part of the world can create a digital infrastructure that is secure, transparent, and deterministic.

Industry analysis of Block.One

Block.One is a leading blockchain company that has a global presence. The company serves users of all sizes and acquires special competence to serve large-scale enterprises.

EOS leading features

The leading features of EOS make it stand out from other products of its kind. The following aspects spell out the core competence of Block.One and its product EOSIO:

  • Its software product is open source and has high performance and high scalability
  • The company is at the forefront of developing gen-next internet
  • The company’s product serves the needs of large scale enterprises
  • The company relies on fast, flexible, and forward driven technology
  • EOS has been recognized as the most performing blockchain platform
  • EOS can be used for building public/private, permissioned/permissionless blockchain infrastructure

EOS price history

The cryptocurrency was introduced around mid-2017. The price graph starting from inception time till May 2021 is marked by highs and lows. Sudden high spikes can be observed near the launch period. As of July 5, 2017, the initial price was around $ 3.6, and the latest price as of May 7, 2021, is around $11.88. The lowest price recorded since its launch is around $0.55 that occurred mid-Oct 2017. Since inception, the highest price recorded until the present is around $17.26, recorded around May first week, 2018. The latest recorded price on May 7, 2021, shows a significant rise from the past price records of 2020. The average price starting from its launch till present is $4 to $7.

Also see: Future Of  Blockchain Technology

What to expect from EOS price in 2021?

As per the latest reports on EOS price analysis, the EOS cryptocurrency price can assume any range between $1.3 and $30 during the year 2021; the average closing price of 2021 has been predicted to be around $6. You can check out detailed analysis on Cryptonewsz.com to get an idea about the price of EOS.

 EOS Price Prediction 2021, And Beyond

According to the analysis of most experts, the EOS price is expected to go up in 2021. Some analysts predict loss in value around year mid after reaching a peak of around $8. Analysts are optimistic about the crypto’s short-term prospects and believe that EOS can hit highs between $16 to $30. The digital coin price is expected to be around $9.47 by the end of 2021, and the long forecast is predicted to be about $20.89 in the next five years.

Will EOS rise further?

EOS prediction regarding long term can be made based on price expectations estimated by leading analysts beyond 2021 for 2022, 2023, 2024, and 2025, summarized as follows:

Year Potential year low Potential year high
2022 $4.21027 $6.45324
2023 $4.41136 $6.94022
2024 $4.75256 $7.45670
2025 $26 $47.96

Conclusion

Analysts see a significant increase in EOS price from $4 to $7.5 beyond 2021 to above $26 to $ 47.96 in 2025. Considering the company’s present announcement regarding its plans and industry scenario, the EOS price prediction of 2025 can prove to be a correct estimate.