The market is very different from last year at this time, I feel last year ETH is what drove the market mostly.
Here is why I think EOS can start the next bull cycle in the market, and lift everything with it.
I know a lot of people are still thinking EOS is a scam because they cant wrap their heads around why they structured the ICO like this and why they (block.one) aren't launching the actual blockchain.
Once a successful mainnet launches and the hundreds of projects that have been quietly building on EOS start launching and airdroping tokens, the level of FOMO will be something never whitnessed before.
I truly believe EOS will be a catalyst to bring the rest of the crypto market out of this bear trend.
I know these are some bold predictions, butI can back them up with statistics.
EOS is consistently one of the highest volume tokens traded in Korea and China. The Chinese interest in EOS is unlike any other crypto. Just look at the volume on exchanges and the amount of interest Chinese to become BP's.
EOS has by far the biggest community in crypto, and it's not a bunch of "lambo-moon-frat boys." The EOS community is by far one of the most educated in what the project is and how we as a community have to participate to make EOS work to its maximum potential.
Unlike many projects which rely on a central entity to make everything happen, EOS, once launched will not rely on block.one or Dan Larimer to grow into its potential. Already has a very vibrant development community with many more jumping on board. Also easy for any programmer to write something for EOS as its C++ and web assembly. No need to learn Solidity or Haskell.
With this easy entry for programmers, I expect to see something similar to what we saw when Apple and GOOGLE launched their smart phones and app stores. The innovation and Dacs that will be built on EOS, can and will replace some of these very centralized tech companies (Facebook, Uber, Airbnb).
Last year ETH was what drove the entire market, it spawned the ICO craze, all this culminating around the time of Consensus, when all these ICO'S (all of them launching on ETH) had a place to debut their ideas.
This drove ETH sky high, also propelling the ICO fomo, and all that money siphoned back into BTC last year driving it and the entire market way up.
Now that type of fomo and excitement will not happen again.
This is where I feel EOS will be the next catalyst to move the markets. Once it launches and all these actual real world projects can launch on it and give airdrops instead of ICO's this will bring a whole new fomo and excitement into the market. So I really think EOS has the potential to drive the market much like ETH did last year.
That's enough rambling, but I feel like a majority of the crypto community has no clue what EOS really is yet. So I don't think we haven't even started to see the growth potential yet.
