Post
Topic
Board Speculation (Altcoins)
Re: EOS huge dump coming
by
Yuuto
on 29/04/2018, 04:29:38 UTC
EOS had a nice run because of the fork but huge warning, inevitable dump coming.

Now EOS is back to the game . Check it on coinmarketcap and it's now 19 usd. I see this token has a potential and not impossible that it will reach ethereum price someday .

I actually commented 2 weeks ago that I don't see any major dumps with EOS until their ICO is over.

However, I didn't expect prices to grow this fast. $19 USD as you said, is absolutely crazy when just a month ago it was like $4. Even if it's for the right reasons that the pump is correctly taking EOS to huge heights, I don't think that this trajectory is sustainable in the long run for price growth. Especially with BTC having difficulty breaking the $10k barrier, the entire crypto market, including EOS, will probably adjust downwards soon.

But still, expect a pretty good return in the mid to long term with EOS, especially when main net launches.