EOS fell from an all time high of $18.16 to today’s price of $8.18. EOS is ranked 9th in cryptocurrency market cap with a total capitalization of $5,364,008,942. Why should you buy EOS in 2018?
Scalable, Flexible, Usable Platform
EOS is based on Ethereum and is an ERC-20 token. It is a blockchain for commercial scale and is designed to overcome one of cryptocurrency’s weakness- scalability. It is designed with commercial business in mind and is developer friendly like NEO.
High volume and liquidity
EOS is traded on Binance, Bitfinex and Bittrex. As the cryptocurrency market recovers, the opportunity for volume to explode upward is there.
EOS tokens will become EOS coins in June 2018
EOS ERC-20 tokens will become fully functional coins in June of 2018. If you buy now, you must register them. Go to https://eos.io/ and do this. As the token becomes more versatile and mature, the value will go up. Store the tokens on Jaxx Blockchain Wallet.
Chart analysis
EOS is on a bullish reversal trend with support at $6 and is reversing nicely. As the cryptocurrency market recovers, expect to see the coin return to double digits.
