EOS Price EOS, Market Cap, Price Today & Chart History

Alterhttps://www.beaxy.com/ly, you could contribute to the EOS network by staking, and earn some EOS coins in return. The EOSIO protocol, which is the backbone of the EOS blockchain, was developed by Block.one. One of the chief architects of EOS is Dan Larimer, a software developer and entrepreneur who also had a pivotal role in the development of the BitShares and Steem blockchains.

• Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time.
• Although EOS has been a regular in the top 50 coins ranked by market cap, it is not as famous as Litecoin or Stellar.
• EOS’s second surge in Q2 of 2018 may have been driven by an influx of investors wanting to get involved with the ICO before it ended in June – it was already making waves for raising more than any previous ICO.
• EOS.IO software was originally developed by Block.one, a company focuses on business-grade technology solutions, with employees and advisors across the globe.
• Simply owning EOS gives a user the ability to vote on decisions, and block producers are responsible for carrying out approved decisions.

In 2021, EOS pumped back to more than $14 per coin but failed to set a new all-time high. The EOS initial coin offering launched in June 2017 and concluded in the following June in 2018. The ICO broke records for the largest amount of capital raised in an ICO, pulling in over $4.197 billion. EOS has a lowest price of $0.2569, which was reached on Dec 11, 2022 . EOS token holders are also able to vote for the individual and organizational candidates for the block producer roles.

Why is the price of EOS different on different cryptocurrency exchanges?

However, the current EOS token is based on the source code of the EOS platform. EOS’s price grew quite fast since its development and the coin is a robust member of the top-5 cryptos in terms of market capitalization. EOS is the native cryptocurrency underpinning the EOS.IO blockchain protocol. EOS.IO is a smart contract platform for decentralized applications and protocol designed as an enterprise solution for scaling computer resources, emulating computer processing hardware, storage, and more. EOS was created, like many top cryptocurrency projects, to solve the speed, flexibility, and scalability issues and high fees in both Bitcoin and Ethereum.

• So, users who do not have a lot of coins cannot use the network efficiently.
• The year 2032 will be determined by the maximum EOS price of $53.89.
• While these features can be found on a number of other blockchains, EOS aims to distinguish itself from the competition through improved scalability and faster transaction speeds.

The total market capitalization of the top 100 cryptocurrencies has increased over the past seven years from … Gains such as these are unheard of in traditional markets, and that number only represents the ROI if EOS returns to its all-time high. Blockchain technology like EOS is new, emerging, and still has many years to go before it shows its true value and revolutionizes industries. When that happens, EOS true long-term price potential will be revealed, and many speculate that EOS future price will have a price target well above the previous all-time high. Factoring the total EOS supply, current prices, and the previous all-time high of $22.89, EOS has strong price potential and the future price outlook can only improve from here.

Cryptocurrency News

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime. The popularity of the EOS coin among developers and the community is one of the reasons why it is still thriving today, years after its launch. As the EOS blockchain protocol has a fully decentralized token distribution system, it gives all governance power to network participants instead of miners. EOS’s current share of the entire cryptocurrency market is GMT 0.12%, with a market capitalization of $ 1.33 Billion.

The token sale featured 350 distribution periods of at least 2 million tokens a day, totaling 900 million tokens by the end of the ICO. Ninety percent of the total EOS tokens were distributed to ICO participants, while the remaining 10% were reserved for the EOS team. EOS was announced in 2017 by blockchain incubation and investment firm Block.one and was released as an open-source software in June 2018. As outlined in the EOS white paper, the project was created to build decentralized applications with a focus on efficiency and scalability.

Historical Data

EOS is a public blockchain that powers the EOSIO blockchain platform. The EOS blockchain has smart contract capabilities similar to Ethereum that enable developers to create their own dapps on the EOSIO platform. Dapps are applications that operate autonomously and aren’t managed by any single company. Unlike Ethereum, however, EOS confirms transactions using the DPoS consensus algorithm. EOS is positioned as a decentralized operating system for developers to create and launch highly scalable dApps. What distinguishes EOS further is that the blockchain network is designed to be fast, scalable and able to provide transaction capabilities free of any fees while also supporting smart contracts.

World currency prices are based on rates obtained via Open Exchange Rates. If EOS is a good investment or not is subjective and entirely up to each individual investor, their taste, the amount of capital they have to invest, and their appetite for risk. It’s important to note that current EOS market capitalization is $1,313,247,184, Talking about circulating supply, EOS has 1,081,263,745 coins. It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours.

The eos price crypto recorded for EOS was a price of $0.48 per coin, during the early phases of the initial coin offering that resulted in over $4 billion in funds raised. The most active and popular exchanges for buying or selling EOS are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor. The main competitors of EOS are other blockchain platforms that support the deployment of smart contracts and decentralized applications – examples include Ethereum and TRON. TRON is perhaps the best comparison, as its consensus model also utilizes delegated proof-of-stake.

EOS’ huge single-day drop in March came as economies and borders were closing down around the world in response to the COVID-19 pandemic. The effect of this was felt by the whole crypto sector and the entire stock market, which experienced the biggest single-day crash since 1987. There was more activity in the first quarter of 2021 when EOS price shot up by 110% in two and a half weeks to peak at $5.39 in the middle of February.

The Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based … EOSIO is arguably best known for having the largest initial coin offering ever, reaping over $ 4 billion in sales of 1 billion EOS over a year of sales. However, there are other significant differences that set it apart from competing blockchains. The EOS community lights a fire under its share price by turning against their creator. There may be a significant rollback from them, or at least a stop and consolidation in these zones. Trend lines are shown on the chart, their importance and strength (long-term in time) are highlighted…

Given its potential to disrupt industries, EOS has enormous upside potential in the future and has a place in every investor’s portfolio. How much to invest in EOS is up to the risk appetite of the investor and their comfort with the presented research. During 2020, EOS bounced from a low of $2.43 per token, to as high as $3.47 per token.