In this guide, we will share our and the market’s view of the future of EOS as we discuss the EOS price forecast for 2022 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt as predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like Eos.
Now, let’s get into it.
Before we delve into Eos’ price prediction and answer questions about whether EOS is a good investment or not, why EOS will succeed or fail, or why the price of EOS will rise or fall, let’s quickly take a look at what EOS is and its history to date.
Introduction to EOS
EOS was published by software publisher Block.one and development is led by CTO Dan Larimer, who founded Steemit and BitShares. The project competes with other popular smart contract platforms such as Ethereum, NEO, and Cardano.
EOS seeks to differentiate itself by providing transaction throughput that can handle thousands of transactions per second without having to pay direct fees, improved usability for all parties involved, and governance for business and chain maintenance. EOS uses on-chain governance whereby token holders can vote for block producers (BPs) and various updates to the protocol, monetary policy or constitution.
This constitution includes general rules governing the behavior of the protocol, and every transaction sent must include a hash of it. The goal is to define community values that are not easily enforceable or incentivized.
However, the rules are not applicable at the protocol level, but rather act as an agreement on the terms of service that users must accept. Dispute resolution is left to the EOS Core Arbitration Forum (ECAF), which is composed of independent professionals who can issue binding judgments that BPs then execute
With the passage of time, however, rumors about EOS fail and the inherent systemic problems are getting stronger. In February 2020 one of these issues was pointed out by Coinbase who said that the EOS network is having some problems. On February 20, Coinbase released a status update stating, “The EOS network has degraded performance. Submissions and receipts may be delayed.”
The exchange posted a tweet two days later, stating that the EOS network was still suffering from degraded performance and that external EOS submissions were temporarily disabled, but EOS purchases and sales within the cryptocurrency exchange were working normally. As Cointelegraph reported in October 2019, research said EOS could be hit by congestion attacks that could freeze the network. The exploit apparently allowed an attacker to steal over $110,000 worth of cryptocurrencies from an EOS gaming application. EOS’ parent company, Block.one, said the network was functioning normally.
Eos Price Forecast
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
Eos Price Prediction 2022
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
EOS Price Prediction 2025
Our forecast model sees EOS reaching $1.32 in 2025.
Eos Price Forecast 2030 – 2040
How much will EOS be worth in 2030?
Our forecast model sees EOS reaching $0 in 2030.
How much will EOS be worth in 2040?
Our forecast model sees EOS reaching $0 in 2040.
Will EOS replace/surpass/surpass Bitcoin?
No, EOS will not replace or exceed BTC.
Can EOS reach $100?
No, our forecasting model sees no chance for EOS to reach $100 in the short or medium term.
How high will EOS go?
Our forecasting model sees the EOS price plummet and fall to almost 0 in the distant future.
Is it worth buying EOS?
We don’t see a bright future for EOS. It is worth buying only as short-term speculation with a good exit strategy. EOS is not a good long-term hold.
Is EOS a good investment?
EOS is not a good investment in our opinion. Because? Well, it faces fierce competition from other similar crypto projects, it doesn’t stand out for its technology and innovation, it doesn’t have a real community (not counting speculators and the hype-chasing crowd), and the team behind the project isn’t proven.
Can EOS make you a millionaire?
No, EOS can’t make you a millionaire as we don’t see it doing a 10x price increase anytime in the future.
How much will EOS be worth?
For the short-term future, it could reach $0.3394. In the long term (8-10 years), it will most likely drop to 0 or so.
Why will EOS succeed and increase in price?
EOS has little chance of success. He has no first-time advantage, he doesn’t bring any unique value proposition, he has a weak team and a small community behind him. All this summarized prevents EOS from being successful and increasing in price in the long term.
Frequently Asked Questions (FAQ)
Why will EOS fail?
The weakest point of the entire ecosystem is the team behind the project which is made up of untrustworthy people who like to start, but not finish, their projects (like Dan Larimer who has already teased his followers with the next big idea he plans to develop).
Why will EOS succeed and be huge?
Since the idea behind the project is solid, the use case is legitimate, and Block.one has a huge chest that can be spent on expanding and developing the system.
Will EOS recover and go up?
Hard to say. In itself, very unlikely. As part of the bitcoin-induced move, at the market level, EOS could definitely increase in price and reach local heights of $5 per token.
Will EOS survive?
probably. It has a moderately passionate community, a relatively solid track record since its launch, and if crypto were to regain its spotlight like in 2017, EOS should get a new lifeline and survive this long crypto winter.
Will EOS replace Ethereum?
This is doubtful. Ethereum has a first mover advantage and a larger developer community of orders of magnitude, which is the backbone of any new ecosystem.