Vera Thornpike

EOS Price Prediction: How Much Will EOS Cost in 2019-20-25?

🕰️✔️EOS price prediction 2019, 2020, 2025 – What might happen to the Top-5 cryptocurrency in the nearest years? Should you invest in EOS?
EOS Price Prediction: How Much Will EOS Cost in 2019-20-25?
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Top-10 cryptocurrency EOS attracts traders and investors from all over the world. The underlying blockchain technology makes it attractive for potential partners, too. But will EOS’ technological superiority drive its growth through the roof? Check out EOS price predictions for 2019 and later.

What makes EOS unique?

One of the rare blockchains offering their own smart contract, the EOS platform serves for performing decentralized operations and creating blockchain apps. The EOS blockchain has shown enormous potential and continues attracting investors at a high rate.

Look at the statistics concerning EOS blockchain usage:

It’s not surprising that many companies prefer EOS to other blockchains: the network executes about 50K TPS, which makes it much faster than its crypto counterparts.

Salient features of EOS include:

  • Max. supply of 1 bln EOS makes it a valuable asset – the limited nature of this coin attracts holders and helps to keep the cost under control.

  • Coins are obtained via investments only, no mining is required.

  • EOS is way faster than other existing blockchain platforms.

Thus, EOS promises to become a leader in the crypto sphere. Some believe it will overtake Ethereum thanks to higher TPS speed and lower transaction fees.

EOS price performance in 2017-2018

The history of the EOS price only proves that it’s a viable currency. Initially, EOS was launched as an ICO that began in July 2017 with a starting EOS price of $1.03. During the first months, EOS didn’t get as much attention as it was supposed to.

By November 2017, EOS surged all of a sudden. It continued gaining market capitalization with new ICO participants. By January 2018, one EOS traded at $18.16. As it usually happens to new cryptocurrencies, during 2018, the world witnessed downward spiral movement – EOS fell to $4 but recovered by $21 by April. All in all, the ICO brought EOS 4 bln of market cap.

Today, EOS is trading at $3.65 with the market cap of $3.3 bln. It still remains the fifth largest coin by the market cap. The recent bearish market didn’t spare EOS’ value, but it is set to recover despite everything.

EOS pride prediction 2019

How much will EOS cost by the end of 2019? It’s hard to make any short-term statements – EOS has to break the resistance level before it starts growing again. Judging by technical analysis, EOS might reach $5 this march, if it manages to crawl to a $4.55 resistance zone. Until that happens, it will continue trading at around $3.5.

EOS price predictions from Wallet Investor

The market forecast is very positive. For example:

  • Coinfan predicts it will rise to $47 by December.

  • TradingBeasts provides more realistic predictions, claiming EOS will double its price to hit the $7 level by the end of this year.

  • OrdinaryRich (Steemit writer) has come up with a $20 EOS prediction.

  • CoinSwitch predicts that EOS will reach $15 at some point during 2019.

  • According to CryptoGround, EOS will be around $6.4389 in 2019.

Not all experts and websites are equally optimistic about EOS. Luckily, their forecasts aren’t actualizing. For example, Gov Capital predicted that on March 9th,  2019 EOS’ value would fall to $0. As we see, it’s still thriving.

We can hope for EOS to double or triple its price as soon as it manages to break the current $3.5 level. That might happen in March but depends on a number of factors.

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EOS development drivers in 2019

Aside from traders, it’s the developer who influences cryptocurrency value to a large extent. What will happen to EOS during 2019? Unfortunately, developers haven’t shared much information about it. There are no officially assigned releases or events, but the community still knows something from the words and announcements of Block.one representatives.

  1. There’ll be the 5th phase of Cluster Implementation. However, no specific dates are named yet.

  2. Block.one is waiting for the leveraging of inter-blockchain communication that will activate scaling via sidechains, making operations faster and more efficient.

  3. Asynchronous Byzantine fault tolerant will also improve operational timeframe.

Another interesting feature from Block.one is Resource Exchange that will allow for token leasing and will trigger voting. The new EOS infrastructure will have 4% inflation, however, no one guarantees that updates will take place in 2019.

EOS price prediction 2020

Suppose EOS develops well and breaks $5 during 2019. What should happen next? The EOS price 2020 promises to be not much higher than today:

EOS price forecast from TradingBeasts

Today, EOS is viewed as the major rival of Ethereum. EOS technology is superb, but Ethereum has been around for a longer time span and proved its reliability. Yet, if EOS continues evolving at an optimal pace, the best scenario for it is to hit somewhere within the $45-$70 range. According to the Coinfan website, during 2020 EOS price might grow from $40 to $168 – a considerable change!

All in all, EOS is expected to develop slowly but steadily – this blockchain has to rely on its own powers.

EOS price prediction 2025

Surely, making such a long-term forecast would be speculation. We don’t even know what will happen to EOS in the nearest year. If EOS continues fulfilling its potential and gaining support from investors, it might easily overcome an all-time high and trade at around $500 per unit.

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Investment in EOS: For and against

Here are a few things for potential traders to consider:

Why invest in EOS

Why NOT invest in EOS

  1. This is the 5th cryptocurrency by market cap with a very promising, technically advanced blockchain.

  2. EOS boasts great liquidity and high daily trade volume.

  3. EOS supply is limited, and it’s protected against inflation. This is a wise long-term investment.

  1. EOS has been around for 1.5 years only, and it’s still to prove viability.

  2. EOS is currently going through a downtrend.

  3. EOS price graphical charts do not provide much useful information – this currency is a hard nut for analysts.

No matter what, EOS stays one of the most promising blockchains on the scene. It is set to disrupt the modern approach to creation of dApps and has all chances to stay ahead of Ethereum and Tron. In the nearest years, we will see whether EOS can stand the test of time.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Alex Morris

Zcash Price Prediction — How Much Will ZEC Cost in 2019-20-25?

💣💥In this article, U.Today takes a closer look at one of the best-known privacy coins on the cryptocurrency market that was once embraced by no other but Edward Snowden
Zcash Price Prediction — How Much Will ZEC Cost in 2019-20-25?
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Zcash is a privacy-centered cryptocurrency that allows performing anonymous transactions while using a public Blockchain. The coin uses zero-knowledge cryptography, where something can be verified without revealing any additional details. The project’s roots lie in Zerocoin, the project that was developed by cryptographer Matthew Green, but the two projects currently have very little in common (as stated by Green himself).

Alt: Zcash founder Zooko Wilcox
As reported earlier by U.Today, Zcash Company has been recently renamed to Electric Coin Company, but the 30-strong team will continue to work on the project.

Private transactions

The privacy-centric cryptocurrency Zcash has one famous fan – whistleblower Edward Snowden. In 2017, he called ZEC ‘the best alternative to Bitcoin’. The Zcash network has two types of addresses: transparent and shielded (t- and z-addresses respectively). The latter type of addresses is not visible on Blockchain. However, there the network also has some pain points that should be taken into account:

  • Z-transactions require a lot of computational power, which takes a toll on their adoption.

  • Centralization concerns (Zcash is not fully decentralized since the team behind the coin holds 10 percent of its total supply).

  • Limited storage options (there are no mobile wallets that support Zcash).

Facing major competitors

Zcash remains the second biggest privacy coin after Monero, but this niche of the cryptocurrency industry is getting more and more crowded. As reported by U.Today, Litecoin is mulling over adding Confidential Transactions (CFs) as early as in 2019, which would make the coin an anonymous version of Bitcoin. Moreover, Beam and Grin, two brand-new anonymous cryptocurrencies that are based on the ‘tongue-tying’ Mimblewimble algorithm, also appeared on the market in 2019.
Alt: Beam and Grin - new privacy-centered coins
However, Electric Coin Company CEO Zooko Wilcox believes that these new coins will not be able to compete with Zcash.

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Regulators fear it

2018 was the year of a regulatory crackdown on cryptocurrencies since governments around the globe want to prevent money laundering and other types of illicit activities.

Zcash has already been embraced by numerous cryptocurrency exchanges, including Coinbase, but the problem is that its complete anonymity opens the doors to scammers and even terrorists. The network allows disabling the privacy feature, so the asset will continue gaining listings on other exchanges.

On the flip side, it is worth noting that privacy coins are serving as powerful tools that protect their users from identity theft and other types of crimes.

Zcash price history  

The price of ZEC has declined 98.82 percent since its very first exchange listing when the coin started trading at $4,293.
Alt: Zcash price peak

Back in January, Zcash reached its new peak of $876, but it fell quickly when the broader cryptocurrency market took a hammering.       
On Dec. 06, ZEC finally got listed on Coinbase, the biggest cryptocurrency exchange in the US. At the time of writing this article, Zcash is trading at $50.82.

Considering the technology behind Zcash (zk-SNARKs), some might find it surprising that the coin is still not in the top 10. However, the coin has very little real-world adoption compared to its competitors.  

Price pump after halving

Notably, Zcash has the same supply curve as Bitcoin, which means that the asset is becoming more and more scarce. The Zcash community currently has two high-stake halvings that will produce a direct impact on the coin’s price. When all 17 mln ZEC coins are mined, it is quite reasonable to assume that the coin’s price could skyrocket up to $4,000.

Zcash is currently working on reducing the coin’s inflation rate (it stands at 0.1 percent, which is quite high compared to other cryptocurrencies). The introduction of the so-called ‘harmony mining’ will help reduce the mining reward.

In 2020, the Zcash halving will take place – it is expected to reduce the mining rewards by half. That will undoubtedly produce a positive effect on the Zcash price.  

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$60,000 by 2025?

Back in 2018, Grayscale Investments predicted that Zcash could hit a staggering $60,000 by 2025 if it replaced ‘offshore’ bank transfers. Everyone, not just a handful of billionaires, will have access to their own proverbial ‘Swiss bank account’. The price of this asset could increase exponentially if it occupies even a small chunk of this market. For instance, ZEC would cost $6,289 if it represented only one percent of the collective ‘offshore wealth’.

However, the above-mentioned $60,000 figure is far-fetched since one should take into account the harsh competition among privacy coins. Monero (XMR) has already become the dark web’s darling, and its market cap is three times bigger than that of Zcash.

Market sentiment

Of course, one should keep in mind that no one can predict for sure what happens to the cryptocurrency market in the next five years. The price of ZEC price greatly depends on the overall market sentiment, which means that it will probably mimic Bitcoin. If Bitcoin goes down, all altcoins go down as well. However, that wasn’t the case in the mining department – Zcash mining was 400 percent more profitable in June 2018.

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The bottom line

Zcash poses a viable alternative to Bitcoin. This is one of the most prominent privacy coins that allows performing anonymous transactions. While the future of the cryptocurrency looks promising, there are multiple factors that could thwart its growth:

  • Lack of adoption (it won’t be able to compete with other privacy coins if the pace of adoption remains too slow).

  • Bad reputation (Zcash has already been mentioned by Europol as one of the cryptocurrencies that is used by cybercriminals).

  • Regulations (as mentioned above, regulatory clampdown seems imminent if Zcash adoption continues to grow).

  • The overall decline of the crypto market (Zcash won’t be able to survive if Bitcoin and major altcoins hit a snag).   

According to BuySellHodl, which displays real-time price predictions, Zcash is one of the lowest-rated cryptocurrencies with a 46 percent ‘Buy’ rating (Bitcoin SV was the only cryptocurrency lower on the list with only 29 percent of responders willing to buy it). With that being said, Zcash investors also have every reason to believe that the coin’s price will grow substantially after the upcoming halving.

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