EOS is a convenient crypto option, and it can be a good investment, depending on your risk appetite and financial profile. And, if the experts are to be believed, it’s set to only grow in value in the years to come.
Yes, EOS has had a bit of a slow start. However, it is certainly gaining more traction. Let’s dive into what we expect this cryptocurrency to be worth in 2022 and beyond, so you can decide if you want to invest today.
About EOS Cryptocurrency
Launched in June 2017, the EOS cryptocurrency token is essentially the system that supports the EOS.IO blockchain. The platform is a solution that scales computer resources and imitates storage, processing hardware, etc.
Like many other cryptocurrency initiatives, EOS was made to help solve various challenges in other cryptocurrencies, such as Ethereum and Bitcoin. These challenges include:
- Scalability concerns
- Speed
- High trading fees
The currency broke records in its early days, making over $4 billion in 2018, shortly after its inception.
But what is the future of EOS in terms of worth?
Based on early predictions, it looks pretty good, in fact.
EOS Worth in 2022
Because of its disruptive nature, experts say it could have the most significant long-term potential to create profit. This is also because the currency’s technology has the potential to improve the way we design and use applications and computer resources.
In this way, EOS has the potential to drastically improve industry and business models, and this transformative aspect of EOS means its value is likely to increase in time.
After all, it doubled in value during 2021. The tokens are expected to increase to about $4 in 2022. Predictions show the tokens should be worth over $5 in 2025, if not more. The currency could experience a bear market in years to come but should return to a bull market by 2025.
EOS fans and investors are looking out for the coin to reach a value of around $180 per token milestone in the long term, which may spark a change in the market.
Whether EOS is Worth Investing In
Experts suggest EOS is currently a good long-term investment with its past performance and continual growth. If you understand the crypto market and have a strong financial profile, EOS is worth investing in.
However, you should use fundamental analysis tools to predict the long-term outlook for EOS alongside your financial advisor. You can also draw on analysis from other experts in the industry to ascertain price and value trends for the future.
Once you have done your research thoroughly, you can decide whether it is a good idea to invest in EOS.
How You Can Invest
There are several platforms from which you can purchase EOS tokens. Keep in mind that not all territories will have the right to trade in the form of crypto.
Platforms include:
- io – Reputable and popular, USA residents can trade here, except for Washington and New York clients.
- Uphold – Best for USA and UK. Netherlands and Germany cannot trade.
- Binance – Top for Canada, Australia, UK, and Singapore residents. USA residents are prohibited.
- KuCoin – Accepts international clients, including the USA.
Once you have decided to trade, you’ll need to store your tokens. The best way to do so is to set up a hardware wallet. This platform keeps tokens offline so that online threat is minimized.
Some Final Thoughts
EOS will have a high value in the future based on expert opinion and analysis. The EOS blockchain cryptocurrency system is looking up with promising end goals for 2022 and beyond. However, only you and your financial advisor will know if a significant EOS investment is a right move for you.
