As predicted earlier that EOS will decline, Steem will rise! It is happening. Steem now has PALNET and PAL, the future of DApp and TOKEN.

As predicted earlier that EOS will decline, Steem will rise! It is happening. Congratulation to those who bought the rumor and then sold the news. EOS fell from high of $8.6 to $6.2 and Steem rose from $0.35 to $0.40. EOS may go further down if BTC keeps correcting.

On the other hand, Steem is relieved from the shackles of FUDs from EOS speculators and Steem whiners. VOICE will be a copy of Steemit tuned for mobile device. It will be more close to twitter than facebook or reddit or vaunted Steemit. On the other hand, Steemit is amalgamation of reddit and medium. On top of that VOICE will force must-have KYC which will be a no-no for big number crypto-savvy audiences.

Earlier EOS was rebuked as centralized due to ICO sale. Most of the big institutes and investors bought it out. Further they drove the retail holders by dumping and pumping. Since only way to earn EOS is a buy, it attracts pro traders to game the market. It may further centralize EOS. Since retail and new traders or investors can't win against their big brothers, in terms of coin distribution, EOS has a very bleak future.

On the other hand, due to low price of Steem, community nature of its DApps and PoB distribution model, Steem is getting distributed everyday. Moreover, hundreds of tokens on top of Steem is also distributing wealth. One recent example is PALcoin from @minnowsupport/palnet.io project.

We may see Steem will rise further in June. Compared to EOS, it will rise further since Steem has not have to face FUDs from EOS trolls.

If you are minnowsupport member, you can claim your free, airdropped PALcoin from @steem-engine (steem-engine.com). Also, you can buy PAL from @steem-engine. If you want to mine PAL then you can buy PAL MEGA MINER (PALMN) from @steem-engine too. The other way to mine PAL is to curate. Curators will earn 50%. However, in that case you have to secure/buy a good number of PALs from @steem-engine. The more PAL you stake, the more you will earn through curation. Since it is very early time for @palnet, it will be quite easy to be a PAL whale.

To learn more you can read @taskmaster4450's recent palnet blog: This Week's Big News: PalNet And All It Does For Steem

You can stake PAL and upvote with PAL in palnet.io. It is a front-end DApp on Steem blockchain. To upvote you have to stake PAL similar to Steem. Unstake takes 4 weeks. Be careful to unintentionally unstaking from staking. There is no visible option to cancel unstaking. It has already implemented EIP proposed for HF21. Also, has interesting idea to rank promoted post in trending page.

I believe it will be one of the top DApps in the world sooner or later.

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger