November dips have brought some relief to EOS despite the fact that the market is heavily dropping for the past several weeks.
In one of the latest series of price cuts triggered by the stubborn negative trends in the market, EOS managed to retrieve its spot as the 5th largest cryptocurrency in the market, pushing Stellar Lumens (XLM) down to the spot number six.
The market had a chance to take a massive rebound on November 26th, but once again we can see the cryptos dropping including EOS.
Currently going down by -6% against the fiat is EOS able to take a serious rebound or will it continue to fall?
It is considered that the success of EOS in the market heavily depends on dApp development on EOS network, so will the crypto disappoint or fulfill holders’ expectations?
EOS Price Prediction 2018
EOS is currently traded at a new low of 3.15$ to where it dropped from its all-time high of over 22$ in the course of 11 months.
EOS dropped by over -86% since reaching its all-time high, however, many are implying that EOS will be able to take a rebound with its technology especially now when dApp developers previously working on ETH network are said to be looking for a more scalable environment.
EOS Price Today – EOS / USD
EOS has free and fast transactions in oppose to 15 seconds needed per one ETH transaction to be completed, also having a more scalable environment, which could be its main stepping stone for attracting dApp developers to EOS network.
It is considered that EOS might experience an increased momentum by the end of 2018, which should lead to 6$ as its lowest price for the year and 8$ as its top price.
EOS Price Prediction 2019
In case EOS would enter 2019 at the price of 8$ it is considered that that would be the lowest value for 2019 for the crypto.
The highest price that EOS could potentially reach in 2019 would then be 15$ per one unit, while the price range would go from 8$ to 15$ throughout the year.
EOS Price Prediction 2020
EOS is otherwise known as “Ethereum Killer” as popularly referred to by many EOS holders. In case EOS would be able to attract more developers to the network, the crypto could start the year at the price of 11$.
Driven by positive momentum, EOS could go above 20$, getting back to its all-time high.
However, it is considered that running dApps on EOS is too expensive to handle, especially if you are taking care of more than one decentralized application, so the team would probably need to find a more sustainable solution in order for EOS to thrive.
EOS Price Prediction 2025
In case EOS would manage to establish its network as one of the top blockchain platforms for dApp developers, predictions for 2025 appear to be more than positive.
Prediction for 6 years from now indicates that EOS might hit the price of 500$ per one unit, having the same momentum ETH had at the beginning, only at a slower pace.