Hello and welcome to my EOS Price Prediction series!
Just yesterday EOS closed the first 5-day ICO window and funded an incredible amount of 651,902.18 Ether. Many investors are not really sure, if their investment is profitable when there is no cap and the ICO will continue about a year on a daily basis.
I have made my on thoughts, if EOS will be profitable and what i'am willing to pay for a token. From my experiences it works best to compare EOS with it's main competitor Ethereum.
Let's assume the EOS token price on the first 5-day ICO windows marks the floor of the price and compare it to Ethereum:
| Symbol | Token Price | Supply | Market Cap |
|---|---|---|---|
| Ethereum | 272.00 USD | 92,962,232.00 ETH | 25,285,727,104 USD |
| EOS | 0.84 USD | 1,000,000,000.00 ETH | 840,000,000 USD |
In this case EOS market cap would be relatively small when compared to Ethereum. At the time writing this Ethereum is about 30 times more valueable than EOS.
So this is a really good starting point when looking for a long term perspective for EOS.
If you think EOS can reach more than 3% of Ethereums current market cap, this investment will be a profit. In my opionion it has easily the potential to gain between 25-50% of Ethereums market cap over the next 3 years.
Whatever you think, this will be the EOS token price, that you could be interested in:
| Scenario | EOS Token Price | Gain |
|---|---|---|
| EOS (5-day ICO Window) | $0.84 | 0.00% |
| EOS reaches 25% of Ethereum Market Cap | $6.32 | 752.55% |
| EOS reaches 50% of Ethereum Market Cap | $12.64 | 1505.10% |
| EOS reaches 75% of Ethereum Market Cap | $18.96 | 2257.65% |
| EOS reaches 100% of Ethereum Market Cap | $25.29 | 3010.21% |
This prediction currently relies on data of the first 5-day ICO window.
It will be interesting to see, if the ICO price will fall under this mark over the next year.
Whatever happens, i'll keep you updated.
Cheers,
roomservice