To give you context, EOS has grown significantly up to this point, yet it didn’t have a working product. You can only guess how much more it will grow once such powerful Dapps start running on its smart contracts ecosystem.
But it’s not just ONO that will anchor the future growth of EOS (EOS), there is also the fact that it is designed to be highly scalable. If you are into blockchain news, then you know that the biggest problem that has faced many smart contract platforms like Ethereum is that of scalability. Once more Dapps start launching on EOS, based on its ability to scale well, you can expect its value to push up significantly in the future.
Ethereum is now trading at under $500, and it seems to be going lower by the day. In that period, the value of EOS has remained steady, sometimes making gains of up to 10%.
Today all major cryptos have broken key support levels, EOS (EOS) remains steady at around $5-$6. That’s an indication that investors have confidence in this crypto in spite of it not having as many working projects like NEO, and Ethereum do. It’s an indicator that investors understand that the key fundamentals of the EOS platform are solid, and will give it a competitive edge in the market going into the future.
Once the bull reversal happens in the entire market, I believe EOS could easily see a valuation of $30 and above within 2018. That’s why I am holding strongly to my EOS (EOS)