EOS has been giving average performance since the beginning of the year with no major highs or lows. The coin’s current performance is also slow, but it may pick up the pace to trade above $4 in the next few weeks.
Current Statistics of EOS:
- The EOS price is now $3.628 and 0.00035039 BTC
- The Market Cap of the coin is now $3,364,261,649
- 24-hour volume of the coin is now $2,062,407,205
- ROI of the coin is 252.55%
- Circulating Supply stands at 927,627,804 EOS
EOS has been showing similar patterns in the performance since quite some time now, and it may change in the coming weeks.
EOS to USD Price Comparison:
As on August 16, 2019, at 02:26:06 UTC, EOS price is noted to be $3.628, and it has recorded a downtrend of over 1.8% since the last one day declining from $3.694 to its current value. EOS started on a high note yesterday but then dropped drastically to trade at $3.390. It gained some momentum and surged up to $3.694 and has declined slightly since then.
EOS Price Prediction & Conclusion:
EOS has recorded good surge in the last few months but has been on a standstill since past few weeks. The firm has been focusing on inking global partnerships, and this may soon start showing results in the EOS coin’s performance. It may cross its 30-day highest value of $4.74 soon.
Long-term investments in the EOS may prove to be beneficial as the coin may turn profitable very soon.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.