Cryptocurrencies are in the news. EOS wants more enterprise users. EOSIO wants to make EOS easier, faster, and simpler to use. EOS ranks among the top 50 cryptocurrencies. EOS has a market capitalization of USD 2,396,175,638 according to Bloomberg. One EOS is currently valued at USD 2.65. The daily trading volume is approximately USD 346 million:
- There are approximately 980 million EOS coins in circulation.
- There are 1,046,231,097 coins available for trading.
- By generating EOS blocks, users receive rewards.
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EOS can be stored in a variety of digital wallets, including MetaMask, Ethereum wallet, and MyEtherWallet.
How to Buy EOS Coin on Coinbase, Binance, Bithumb, Huobi & Other Major Exchanges
You can buy and sell EOS on Coinbase Exchange, Binance, Bithumb, Bybit, Huobi Global, and others. Like most cryptocurrencies, EOS’s trading patterns are volatile. Future EOS prices could rise or fall based on trade volumes. Experts say it is difficult to predict future EOS price movements:
- EOS traded at a record high of $22.89 in 2018
- At year’s end, EOS was trading at $1.60.
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EOS reached a high of $15.01 in 2021.
EOS Launch Attracted Paypal’s Peter Thiel, Louis Bacon & Christian Angermayer as Investors, Raised $4.2 B in ICO
The Wall Street Journal reports that EOS got off to a volatile start:
- Blockone, which was founded in 2017, developed EOS. In a white paper published by the firm’s management, the advantages of EOS B2B use are outlined.
- Blockone raised USD 4.2 B through EOS’s initial coin offering (ICO), which at the time was the largest ICO. By comparison, Ether’s ICO raised just USD 20 million. U.S. investors were not able to participate in the initial offering. Blockone’s founders received about 10 percent of the deal.
- PayPal’s Peter Thiel, Louis Bacon (Moore Capital), Alan Howard (Brevan Howard), and Christian Angermayer (ATAI Life Sciences) were among the initial investors, according to Bloomberg. Blockone said it would support a broader adoption and use of blockchain technology.
By enabling more transactions per second than its competitors, EOS aims to provide greater scalability. The company hopes to attract more enterprise users.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
