EOS Price Today EOS Coin Price Chart & Crypto Market Cap

In 2021, EOS token holders voted to take action against Block.one and discontinue the token grants. The EOS ecosystem was developed by Daniel Larimer and Brendan Blumer of the Block.one team. The official whitepaper was published in 2017, and the EOS platform itself launched in June 2018 after completing an initial coin offering . These are the project website’s metrics based on Ahrefs Rank. They’re used to trace website activity & DOGE growth within the project. DR metric is a sign of the project’s website reputability that is ranked from 0 to 100 .

As outlined in the EOS white paper, the project was created to build decentralized applications with a focus on efficiency and scalability. Market cap is measured by multiplying token price with the circulating supply of EOS tokens (1.1 Billion tokens are tradable on the market today). Whether the EOS cryptocurrency is worth buying depends on how the rest of your investment portfolio looks and what you personally think about this coin. Overall, it is considered a good investment by many on the cryptocurrency market, but you should always DYOR before you get it. Cryptocurrency analysts are ready to announce their estimations of the EOS’s price. The year 2032 will be determined by the maximum EOS price of $54.66.

About EOS?

During the last month, the price of EOS has increased by 8.82%, adding to the value a colossal average amount $0.13 to its current value. This sudden growth means that the coin can now become a good asset if it continues to grow. If the signal is “Buy,” that means the price of the EOS cryptocurrency is likely to rise in the near future. If it is “Sell,” then the opposite might happen, and EOS’s future price could decline. Here is the technical analysis of the EOS coin performed by TradingView. Exchange cryptocurrencies in seconds to get the most out of your assets.

The eos current price Network provides a smart contract functionality that enables developers to build decentralized applications . EOS is suited for NFT, GameFi, DeFi, and enterprise applications. In order to eliminate fees for users, the costs of operating the EOS blockchain are paid for by an inflation mechanism which is capped at 5% per year. This means that EOS isn’t a scarce asset like Bitcoin, and its lack of a max supply could put downward pressure on its market if demand for EOS doesn’t increase to meet the inflating supply. EOS began raising funds in the summer of 2017 with a year-long initial coin offering that raised a record-breaking $4 billion USD.

EOS Price Live Data

Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. EOS is the EOS Network’s native token, which is used to purchase or rent access to network bandwidth and storage capacity. The EOS token is also used to secure governance rights within the EOS Network, to transfer value on native applications, and to account for value by investors and speculators.

In essence, https://www.beaxy.com/ is a blockchain platform that allows users to deploy smart contracts, run decentralized applications and issue custom tokens. 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 EOS network can handle over 3,000 transactions per second. The current price of EOS is –, with a 24-hour trading volume of –. With a circulating supply of 1,006,420,174 EOS, EOS’s fully diluted market cap stands at –.

What Are the Main Features of EOS?

In the past 24 hours, the crypto has been decreased by $0.02 in its current value. DEXs are ideal for investors who prefer privacy and ownership over their assets. However, there are still some loose ends on the security front when online wallets are LINK used, as they may expose their private keys resulting in thefts and frauds. State Storage – This is the tool used to store data on the EOS blockchain. Select EOS and the desired fiat that you would like to convert to view the estimated live conversion price.

• The Constitution was replaced by a community development agreement.
• Binance requires users to complete Identity Verification to increase their account security.
• It’s similar to the stock markets’ Free-Float Capitalization.

The cryptocurrency market is a high-risk environment, so consider starting with smaller stakes if you do decide to make an investment in crypto. Due to the design of the blockchain rewards system for the creation of new blocks, EOS is a 3% inflationary coin with no limited max supply. There is a current supply of 1.14 billion EOS coins, with 1.08 billion in circulation at the time of writing. The percent change in trading volume for this asset compared to 7 days ago. EOS’ price is based purely on trading as there is no standard global EOS price, so no one knows what it is “supposed” to cost. The trading volume and liquidity are different for each exchange and those differences are what affect the price.

Learn more about EOS (EOS)

From there, the asset remained range-bound at between $0.45 and $2.0 for about four months until the late 2017 crypto bull run started to take effect. By Jan.18, 2018, EOS price peaked at $18.69 before crashing to $4 by the end of March. According to our EOS forecast and many other EOS predictions, that is unlikely.

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 is a public blockchain that went live with its mainnet in June of 2018. Before its launch, it was one of the most highly anticipated blockchain projects of all time, as the team behind it raised a record-breaking $4 billion in its initial coin offering . Before the transition to its mainnet, EOS tokens existed as ERC-20 tokens on the Ethereum network. This metric can be used as a predictive indicator of the asset’s future market capitalization.

VOLUME (USD)

You can also look at its price history using technical analysis. Given EOS’ volatility, its live price can change by a large amount in a very short space of time. The market cap of EOS is equal to the price of EOS multiplied by the number of EOS tokens in circulation. Once implemented, this proposal will likely also drive demand for EOS. Any data, text or other content on this page is provided as general market information and not as investment advice.

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In the middle of autumn 2023, the EOS cost will be traded at the average level of $1.49. Crypto analysts expect that in October 2023, the EOS price might fluctuate between $1.43 and $1.69. Crypto experts have analyzed EOS prices in 2023, so they are ready to provide their estimated trading average for July 2023 — $1.39.

EOS tokens first began trading at around $1.28, and apart from a brief spike to $5.10 in July 2017, EOS spent its first few months trading below $2. This changed at the end of November, when EOS’ market cap surpassed $1 billion as its price increased by more than 560%, reaching $17.57 in January 2018. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or duration of CoinDesk content in all its forms. EOS holds the record for the largest initial coin offering to date.

eos current price was built on the delegated-proof-of-stake consensus mechanism. That means its users gain governance power according to their stake in the network — the higher it is, the more power they get. The EOS blockchain uses Delegated Proof of Stake consensus mechanism to maintain the security of the network. This mechanism was introduced by Dan Larimer, the CTO of Block.one, to offer a better consensus mechanism than the commonly used Proof of Work and Proof of Stake. Note that EOS has adopted an inflationary-based emission system. As a result, the continuous supply of EOS may exert downward pressure on the price of EOS, especially when there is a drop in the demand for the EOS blockchain and its native token.

Additionally, over the next year, 2 million coins were sold each day. A total of 900 million coins were sold for around $4.2 billion. It was originally published by Block.one, and it’s CTO Dan Larmier, who also founded Steem and BitShares. The main idea behind EOS was to create a product capable of handling thousands of transactions per second while working without direct fees.

The network uses a delegated Proof of Stake protocol, based on 21 Block Producers , who are voted on by coin holders. Anyone can become a block producer, as long as they have enough votes. It is also possible to replace a BP at any time, since the voting is ongoing. EOS EOS does not have a predefined maximum supply or hard limit.

The software can facilitate accounts, authentication, databases, asynchronous communication, and the scheduling of applications across many CPU cores. EOS is available on most cryptocurrency exchanges and can sometimes be traded for fiat currency directly. Using BTC as a mediator is also an option if the exchange does not offer a direct EOS/fiat pair. EOS derives its value from supply and demand, just like all other cryptocurrencies. Sending EOS can be done 24/7 with extremely short transaction times and no fees, which has a lot of benefits to different users. Since EOS is required to perform basic operations on the EOS network, demand for EOS grows if the network becomes more popular.

• The network uses a delegated Proof of Stake protocol, based on 21 Block Producers , who are voted on by coin holders.
• As a third-generation blockchain, EOS focuses on performance and user experience.
• World currency prices are based on rates obtained via Open Exchange Rates.
• Another 100 million EOS was set aside for Block.one, the company that developed EOS and the EOSIO blockchain framework.
• Deposit crypto to our exchange and trade with deep liquidity and low fees.

His first company, Gamecliff, created when he was fresh out of college, was acquired by Internet Gaming Entertainment in 2005. Two years later he founded The Accounts Network, a company that sold in-game MMORPG avatars. In 2010, Blumer further launched Okay.com, an enterprise data sharing platform for real estate brokers in Asia.