Summary
- EOS is a blockchain project launched in 2017 and has been one of the oldest and most well-known crypto projects.
- Despite its popularity, EOS’s performance has been lackluster recently due to concerns about high centralization among validators and several damaging hacks.
- Price predictions for 2023, 2024, and 2025 for EOS range from $1.80 up to $5.09 per token.
EOS Overview
EOS (EOS) is a smart contract-enabled blockchain that was launched in 2017. It quickly rose through the ranks to become one of the most valuable cryptocurrencies with a peak market cap of $17.5 billion in 2018. Despite remaining in the top 50 projects during the crypto winter, EOS’s price has been underwhelming recently due to concerns about high centralization among validators and several damaging hacks.
EOS Price Prediction
During the ongoing crypto winter, EOS seemed to be one of the biggest losers with its price falling almost 95% from its May 2021 peak to a low in November 2022. Though it has risen 43.5% as the crypto winter began to thaw in January, many investors are still staying away from EOS due to its lack of innovation compared with other layer-1 solutions on the market. Maximum price predictions for 2023 estimate it will reach up to $1.80 per token, while 2024 and 2025 could bring returns of $2.93 and $5.09 respectively – though these returns fall short of other projects like Metacade which could skyrocket 100x by 2023!