Market Stats and Forecasts
EOS Description
EOS is a popular native token that designed to enhance the performance, security and developer-friendly blockchain platform. It was launched in 2018 and the main goal of this network is to resolve the limitations of earlier blockchain technologies, especially for transaction fees and scalability. When it comes to the core functionality of this token, it offers access to the EOS network’s storage, power and bandwidth. This eradicates transaction fees and inspires application development and participation. Token holders of EOS network have the right to vote for the decisions on development, transaction validation, and network security. EOS tokens can be used to transfer value between users on the EOS network, like other cryptocurrencies.
EOS ecosystem works on DPoS (Delegated Proof-of-Stake) methodology, where token holders can elect block producers which are responsible for validating transactions. This method usually focuses for the faster transaction processing and consumes less energy compared to Proof-of-Work methodology. The EOS network features a custom virtual machine which allows developers to build dApps using familiar tools and programming languages like WebAssembley. EOS network has faced many difficulties in attracting users as compared to competitors. To achieve success, this network needs constant growth and developments in scalability. When it comes to trading, you can buy EOS via reputed exchanges like Bithumb, Upbit, Coinbase and Binance.
EOS token plays a crucial role in the EOS network ecosystem. It provides access to governance rights and resources. Overall, it seems this token has the potential to become an asset in the crypto industry. Adding this token to your portfolio will be a good option for crypto investors.
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of EOS, Our analysis, guided by the machine learning experts, yields forecasts for EOS price trajectory up to 2024. With a comprehensive understanding of EOS historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 5 and an error value of 0.51%.
For the year 2024, our analysis indicates a projected yearly low of $0.462, with the high anticipated to reach $0.663. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-09-15 | 0.499 | 0.515 | 0.536 | -1.11 |
| 2024-09-16 | 0.516 | 0.527 | 0.542 | 1.06 |
| 2024-09-17 | 0.532 | 0.544 | 0.56 | 3.29 |
| 2024-09-18 | 0.516 | 0.538 | 0.559 | 2.15 |
| 2024-09-19 | 0.516 | 0.532 | 0.548 | 2.15 |
| 2024-09-20 | 0.533 | 0.55 | 0.566 | 4.40 |
| 2024-09-21 | 0.527 | 0.544 | 0.559 | 3.25 |
| 2024-09-22 | 0.521 | 0.532 | 0.543 | 2.11 |
| 2024-09-23 | 0.515 | 0.532 | 0.547 | 0.99 |
| 2024-09-24 | 0.515 | 0.532 | 0.547 | 0.99 |
| 2024-09-25 | 0.526 | 0.537 | 0.553 | 2.10 |
| 2024-09-26 | 0.521 | 0.531 | 0.542 | 0.98 |
| 2024-09-27 | 0.521 | 0.526 | 0.537 | 0.98 |
| 2024-09-28 | 0.521 | 0.538 | 0.559 | 3.20 |
| 2024-09-29 | 0.544 | 0.555 | 0.566 | 5.47 |
| 2024-09-30 | 0.55 | 0.567 | 0.583 | 6.63 |
| 2024-10-01 | 0.539 | 0.556 | 0.578 | 6.63 |
| 2024-10-02 | 0.556 | 0.562 | 0.573 | 7.80 |
| 2024-10-03 | 0.55 | 0.568 | 0.585 | 8.99 |
| 2024-10-04 | 0.55 | 0.562 | 0.573 | 7.79 |
| 2024-10-05 | 0.562 | 0.574 | 0.585 | 8.98 |
| 2024-10-06 | 0.556 | 0.568 | 0.585 | 10.17 |
| 2024-10-07 | 0.568 | 0.58 | 0.597 | 10.17 |
| 2024-10-08 | 0.563 | 0.581 | 0.604 | 11.39 |
| 2024-10-09 | 0.562 | 0.574 | 0.591 | 10.16 |
| 2024-10-10 | 0.556 | 0.574 | 0.597 | 10.16 |
| 2024-10-11 | 0.568 | 0.58 | 0.598 | 11.37 |
| 2024-10-12 | 0.556 | 0.574 | 0.591 | 10.15 |
EOS Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,EOS is forecasted to achieve its peak value in 2025 at approximately $1.01, while potentially dipping to a low of $0.526. The average trading value during this period is projected to hover around $0.908.EOS Price Prediction 2026
In 2026, EOS is anticipated to potentially reach its peak value of $1.61, with a possible lower value of $0.781. The average trading value for this period is estimated to be approximately $1.44.EOS Price Prediction 2027
As we look ahead to 2027, the trajectory of the EOS coin may offer investors unexpected turns. Projections suggest peaks hitting $2.19 and lows stabilizing around $1.22, with an average trading value resting near $1.98.EOS Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the EOS coin. Projections point towards a maximum value of $3.03, a minimum of $1.66, and an average value of approximately $2.78.EOS Price Prediction 2029
Our market analysis indicates optimistic prospects for the EOS crypto in 2029, with projected peaks at $4.64 and floors at $2.54. Moreover, the average trading value of this coin is anticipated to hover around $4.24.EOS Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the EOS token. Projections indicate highs near $7.04, potential lows around $3.79, with an average value of about $6.34.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $0.501 by the Sep 15, 2024. The Relative Strength Index (RSI) stands at 0.9732, indicating a Fall market stance. Overall, while the long-term forecast is Sell.
About eos
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Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Sell
The EOS is predicted to surge by 6.39% to $0.544 by Sep 17, 2024, though current indicators show a Bearish sentiment with 15 out of 30(50%) green days and a notable -2.00% price volatility over the past month.
