EOS drew a lot of attention with its wild rally earlier in 2021, and now every crypto investor wants to know; what will EOS be worth in 10 years? They also want to know if EOS is worth investing in and if it will ever reach $100.
The truth is, forecasting the price of such a volatile and unpredictable crypto asset can be quite hard. But some of the most reputable crypto analysts and price prediction websites are convinced that EOS has what it takes to keep its prices soaring for the next 10 years, with general estimates placing its value in the next 10 years at between $15 and $200.
For more than three years, EOS struggled with relatively low prices and had a hard time rising above $7. But even with the low prices, it still ranked highly as one of the most widely used blockchain technologies. At the beginning of 2021, the crypto wide bull run caught up with EOS, and its prices embarked on a spirited run that saw them climb from around $2 and peak at $14.88 by 12th May.
This sparked a community-wide debate revolving around how high up EOS token prices can reach in the foreseeable future.
To best answer this, we highlight some EOS price predictions from the most reputable analysts and price prediction websites. We also discuss the factors that they believe will help EOS prices rise further.
EOS (EOS) Price Predictions For 2030-2031
EOS is currently trading at $2.77 on CoinDesk - having gained about 1.97% in the last 24 hours. This translates to an 81% drop from its May 2021 peak prices and more than 87% drop from its all-time high price of $22.71 hit in April 2018.
For the last 30 days, EOS token prices had been bouncing between $2.60 and $3.53.
Now, the coin is still reeling from the December crypto market crash and finding it hard to escape the low price levels. The EOS price dip notwithstanding, however, a majority of the crypto community is confident that the altcoin will eventually resume the uptrend and run towards $100 and beyond. Despite the controversies rocking Block.One (EOS’ parent company), they are confident that the EOS blockchain will stand the test of time and play an instrumental role in EOS token’s parabolic rise over the next 10 years.
CoinPriceForecast, one of the most popular crypto price prediction websites, had at the height of the crypto rally intimated that EOS would be trading well over $200 in the next 10 years. But then the crypto market crisis hit, and EOS - as well as the larger crypto market - prices started plummeting.
Today, the updated technical analysis report of the altcoin’s future prices by the website indicates that EOS will grow its current value by 227% and trade around $9.07 in the next 10 years.
A similar technical analysis of EOS token’s price action from the CrytptocurrencyPricePrediction website is more optimistic.
The platform indicates that EOS token prices will recover soon and rise steadily over the next 10 years. It expects the coin to break its all-time high price by February 2025, strike above $100 in May 2030 and be worth more than $110 by December 2030.
DigitalCoinPrice website has one of the most pessimistic views of EOS token’s future price action. Its EOS price prediction only stretches to the next 7 years, and even then, it depicts a rather slow growth rate for the altcoin. It suggests that EOS will not break above the current all-time high (set in 2018) in the next 6 years and that the highest it will reach during this period is $10.97. However, in 2029 EOS will reach a high of $12.42 in March and go down to $11.7 by the end of the year.
Looking at the price predictions above, you will realize that, though hugely different, they all share the faith that EOS prices will be uptrending. So, what will cause this uptrend and influence how high up can EOS prices get in the next 10 years?
Check Out: Pros and Cons of Investing in EOS, Will It Be a Millionaire Maker?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Factors that Will Determine EOS (EOS) Prices In 10 years
1. Adoption
EOS is already the most widely used blockchain technology today. It has one of the most developer-friendly interfaces and is specially designed to make the process of creating, launching, and improving on dApps as easy and possible. Moving forward, and as the crypto industry comes of age, analysts expect the EOS network to attract corporates looking to build on the blockchain. This spike the demand for EOS coins and, in effect, nudge the token prices upwards.
2. Crypto market performance
Since its launch, EOS token prices have diligently followed the performance of the larger crypto market. They dropped when the crypto market dipped and ascended when it climbed when it started rallying. The sooner the crypto market recovers and the longer it remains stable, the higher the EOS token prices will probably reach.
3. Increased use cases:
At the moment, there are limited ways in which you can put your EOS coins to use. But analysts are hopeful that the crypto industry will be more mature, and this will create more use cases for EOS and other altcoins. It, for instance, will be more acceptable as a medium of exchange. Plus, with the development of more dApps on the EOS network, there will be a higher demand for EOS tokens, whose demand will also contribute to uptrending prices.
But will these be enough to help EOS reach the elusive $100.
Will EOS (EOS) Ever Reach $100?
It is highly likely that the EOS token prices will eventually reach $100. Some analysts are even confident that EOS token prices will rise above $200 within the next few years.
But a faction of the crypto community isn’t convinced that EOS will ever reach this target price.
Here is why. While EOS blockchain is widely used, they reckon that it has only gotten popular and attracted investor interest because of Ethereum’s rigidity. But Ethereum is currently looking to launch the more agile, scalable and faster ETH 2.0, effectively diminishing wiping off EOS only appeal to the market.
Further, investors have expressed concerns over the altcoin’s unlimited maximum token supply. They argue that this, plus the high level of control that Block.One has over EOS blockchain creates room for such ills as token price manipulation - and this has seen many long-term speculative investors lose interest in the altcoin.
Read Also: Is EOS Expected to Reach $100 or More in the Next 5 Years?
Conclusion: What Will EOS (EOS) be Worth in 10 Years?
The general feeling in the crypto market is that EOS token prices will continue rising over the next few years and that it could be trading at between $20 and $150 in 10 years.
Its biggest proponents argue that further adoption of the EOS blockchain technology and increased EOS token use case will help stir demand for the coin and jeep its prices on an uptrend. They also tie EOS token prices hopes of raising its value and reaching $10 soon on the performance of the overall crypto market.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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