
The digital currency EOS has experienced a notable surge in the market, increasing by over 10% in a single day. Future price predictions for the coin from 2024 to 2030 indicate potential for significant gains, after a recovery from a recent all-time low. EOS's price and open interest are on the rise, with analysts' eyes set on reaching a 3-year high prediction of a soaring $15 and even a distant $100 target.
Recently, EOS network joined forces with Ceffu to provide advanced custodial and CeDeFi solutions, with the integration with MetaMask expanding its reach to approximately 30M users. The EOS Network foundation has announced a significant upgrade in its tokenomics, with an 80% burn of future total supply, reinforcing promises of a 'new era'. A fresh wind seems to be blowing for the coin as the EOS market cap for the very first time in its history passed the landmark of $1.70 Billion.
However, EOS has had its fair share of criticism, with Arthur Hayes - the BitMEX founder, blasting it as the most 'value-destructive' ICO of 2017. Tether has halted the minting of USDT on EOS and there is speculation about the future of the 10 biggest projects from the ICO era. Nonetheless, the EOS network foundation continues to focus on its vision, recently announcing a major upgrade for EOS network tokenomics with a plan to cap the token supply at 2.1 billion.
EOS Coin News Analytics from Sat, 01 Jul 2017 19:31:19 GMT to Sun, 02 Mar 2025 15:03:18 GMT - Rating 8 - Innovation 8 - Information 7 - Rumor 7