As the price of Ethereum continues to skyrocket in the face obvious weaknesses such as transaction cost and scalability, EOS enthusiast must be tantalizing on the opportunities ahead once EOS platform is launch. At the time of writing Ethereum is currently price at $837.06 per coin with a market capitalization of $80,724,199,016 USD according to CoinMarketCap. This certainly set up an interesting "Telescope Outlook" for EOS that we can dissect.
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What is this "Telescope Outlook"
Telescope Outlook is a new concept, it a comparative tool that can be used to analyze two cryptocurrency projects of similar nature. The calculations are quite simple and the criteria of projects compared are made on the assumption that the objectives of the projects are similar in nature.
The calculation are made base on the present market capitalization of the given cryptocurrency project divided by the present circulating supply it is being compared to. To put this into practice, Ethereum present market capitalization at the time of writing is $80,724,199,016 while the circulating supply of EOS is 549,196,129, ($80,724,199,016/549,196,129= $146.98 per EOS).
To give this $146.98 some perspective, EOS current price according to CoinMarketCap is $10.52 per EOS. This leaves EOS with room of approximately $136.00 upside base on its present circulating supply. Now this isn't financial advice, I am only expressing the "Freedom and Creativity" that the Steem blockchain affords me and I welcome your thoughts and perspective. Probably we may be unto something new as a analytical tool that we could add to our armory that we can use to optimize our earning potential.