Is EOS worth $80 U.S?

in #eos6 years ago

If EOS replaces ETH as a platform, doesn't it make sense the two would have similar market capitalizations? The market cap of ETH is about 4.4 times the cap for EOS. My opinion is that EOS might reasonably be valued at 4.4 times $18.50 (aproximate current price). Additionally, with ICO's coming under increasing regulatory pressure, BlockOne has a huge pool of capital to help fund applications built on EOS. Quality developers might naturally be drawn to EOS for funding. At $18.50 is EOS really expensive?

Sort:  

Even though it is possible, I think it is very unlikely for EOS to take over ETH. Too many projects are building on ethereum and it is way ahead of any other projects.

It was my understanding EOS will enable far more transactions per second than ETH. Isn't that a game changer for commercial applications?

To the question in your title, my Magic 8-Ball says:

Signs point to yes

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 69824.27
ETH 3761.57
USDT 1.00
SBD 3.81