Crypto for the Average: Near term EOS predictions

in eos •  5 years ago 

Briefly, If you don't own any,..you might want to reconsider:

(in no particular order)

       * more games with non-fungible tokens coming out in next 1-2 months
       * MEOS coming soon; Sense token might do well
       * Yes -- Big big news (supposedly, and I believe it) coming out June 1st.  Listen - the people at Block1 are quite intelligent/great business minds, despite what people may post (FUD, etc).  
       * news about EOS, how it is able to scale, and how it has the most users, TPS, etc continues to come out.  I noticed this sort of thing back in 2017 with respect to Ethereum, and I was wise enough to purchase ETH.   
       * when the market bumps up, EOS has been moving quite nicely 10-20% pumps upward,  maybe not the #1 gainer each and every time, but EOS has been consistently (75% of the time) among the top performers.
       * when I first started covering EOS, there were 44 dapps on the platform according to Dappradar.  There are now over 260.   The growth has been steady.
       * when I first started watching the transactions per second ---  ranged from 1-30,.....then it bumped up to between 20 - 70  (averaging around 40 TPS),  and now I'm seeing over 100 TPS quite often (range of 30 - 130).   Of course it jumps around a bit, but you get my point.

I've been accumulating EOS for over 7 months now. Yes - cost averaging. My prediction for this summer:

               worst case scenario  (overall market down, etc) --   $5-6 come July/August.

               Best case scenario  (overall market up + great news on June 1st)  --  $17 EOS come July/August.

Last thoughts --- when a guy like Dan Larimar, the head of Block1,....the man responsible for 3 of the top listed blockchains on 'Blocktivity', says that there will be BIG news on June 1st,......He's not bullshitting or trying to pump the market. The guy doesn't work that way. Expect at least a 10-20% jump on the first day, probably 5-10% more on the second day after the announcement. And no, I am not expecting a 'sell the news' .....it will be a large 'buy the news' with a continual /gradual increase after the news sinks in the minds of investors.

Good luck.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!