Crypto investors are sleeping on $EOS. After Block One’s ICO pump & dump, most people were turned off by EOS, and correctly labelled it a “ghost chain”. But if you’re not paying attention to what’s happened in $EOS over the last few months, you may want to start paying attention.
Over the last few months, members of the $EOS community formed the @EosNFoundation, led by @BigBeardSamurai. The community then voted to effectively fire B1 and to instead take power into its own hands. This made EOS the worlds largest DAO, other than Bitcoin.
One reason $EOS received so much early hype is because the technology is superior to every other chain. This allows developers to build applications that aren’t possible on other blockchains. 4 years later, $EOS remains the most performant & battle tested Ethereum alternative.
As I mentioned, the issue for $EOS was a lack of leadership & coordination. Everyone expected this to come from B1, but it never materialized, so most people left $EOS for chains like Avax, Fantom, Solana, etc…that has now changed because of the @EosNFoundation
This change is why you see people like Dan Larimer (@bytemaster7) and @brockpierce returning to $EOS and saying he’s “all in”.
Two days ago, a catalyst event happened: EOS EVM. According to which this will bring plenty of dApps and users to $EOS. As @JRNYcrypto explained recently, lots of developers are planning to build apps on $EOS this year, because the tech will enable next gen apps. Plus, transactions are FREE.
The other major catalyst that’s taking place right now are all the #EOSIO chains uniting and working together. That means you have @WAX_io, $EOS, @HelloTelos, etc working together.
$EOS at one point was the #3 coin in all of crypto. It’s price was over $20. My bet is that $EOS will reach a new ATH in 2022. Why? The chain finally has leadership, funding & coordination thanks to the @EosNFoundation. If it wasn’t for this change, I’d say to give up on EOS…
Surely there are alot of developments which are taking place right now and can't be covered in single pos.
Follow and upvote & stay tuned for latest updates in crypto world.
Thanks & Regards
UMAR ASGHAR
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