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Author Topic: EOS BLOCKCHAIN  (Read 303 times)

AishwaryaDas

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EOS BLOCKCHAIN
« on: January 04, 2024, 03:25:22 PM »
Has anyone used the EOS blockchain recently? It's been a long time since I saw any project emerge under the blockchain, and even though it seems like the season is for some altcoins, I have not also seen EOS coins trending or making some big profit. Is the blockchain still alive, or have its competitors completely sidelined it?
 
I just looked at my old crypto currency book, and I happened to find out that I have used and owned the blockchain native token before, which brought the name back to mind.
 
So it will be nice to hear from anyone who might have used the blockchain or owned the coin recently. Let's know if there are any latest developments from them.

hair

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Re: EOS BLOCKCHAIN
« Reply #1 on: January 04, 2024, 08:58:06 PM »
The EOS project doesn't seem to be developing like other projects, I think it has lost competition with top coins which have more advantages. Are there still any holders of EOS nowadays?
« Last Edit: January 06, 2024, 09:04:20 PM by hair »

CryptoboyRamesh

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  • Re: EOS BLOCKCHAIN
    « Reply #2 on: January 05, 2024, 12:31:48 PM »
    The majority of projects are now launched under the BSC, ETH network, Matic network, and Tron network. Although I am not keeping much of an eye on the altcoin market, but since the start of the year, I have not read that any altcoin was launched on the EOS chain (might have happened though). That doesn't mean the project is dead; the native token is still actively being traded on more than 100+ different exchanges. The market cap is still good, as is the trading volume. It seems the majority of projects are under BSC and ETH, and they are the top competitors in the market. Meanwhile,  if the said EOS projects are actually promoting and building their projects to be more viable in the space, then new projects may launch on the blockchain.

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    MrSpasybo

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    Re: EOS BLOCKCHAIN
    « Reply #3 on: January 05, 2024, 07:46:36 PM »
    Compared to 4 years ago, EOS has had many developments:
    + Exiting BlockOne, the community now owns the future of EOS.
    + Join the Antelope Coalition to develop a cross-chain ecosystem.
    + Release of EOS EVM.
    + RAM limit.
    + Improve UX to make it easier for users to access and use EOS.

    EOS also received a $60M grant from DWF Labs  ;D
    Polkadot does what Ethereum cannot

    nazor

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    Re: EOS BLOCKCHAIN
    « Reply #4 on: January 05, 2024, 08:06:14 PM »
    It's true that the EOS coin is not developing so the platform doesn't have any updates that are more attractive to customers and the EOS coin now has many competitors, even many altcoins are competing with the EOS coin... I think EOS will still be alive in the future if the project team updates the platform and turn EOS into a coin that will develop in the future so that it can increase the attractiveness of customers and make EOS quality
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    hair

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    Re: EOS BLOCKCHAIN
    « Reply #5 on: January 05, 2024, 10:16:26 PM »
    It's true that the EOS coin is not developing so the platform doesn't have any updates that are more attractive to customers and the EOS coin now has many competitors, even many altcoins are competing with the EOS coin... I think EOS will still be alive in the future if the project team updates the platform and turn EOS into a coin that will develop in the future so that it can increase the attractiveness of customers and make EOS quality
    yeah we just waiting if the EOS project will have many investors coming after the updates. For me I'm not considering investing in EOS. One of my reason maybe that the increasing price not very significant such as SOL
    « Last Edit: January 06, 2024, 09:07:06 PM by hair »

    indianCrypto

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    Re: EOS BLOCKCHAIN
    « Reply #6 on: January 07, 2024, 02:18:28 PM »
    It was once one of the most sought-after cryptocurrencies with a good market cap back in 2018. At that time it was trading above $20, now it is down by more than 90%. It did not even perform well in 2021, not much development has happened on it which might be the main reason no one is interested in it anymore. There is an article that talks about in detail the reason why EOS no longer a cryptocurrency to invest in. Sharing the link to the article, if anyone here is interested in finding the reason of EOS decline.

    MrSpasybo

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    Re: EOS BLOCKCHAIN
    « Reply #7 on: January 09, 2024, 02:41:24 PM »
    It was once one of the most sought-after cryptocurrencies with a good market cap back in 2018. At that time it was trading above $20, now it is down by more than 90%. It did not even perform well in 2021, not much development has happened on it which might be the main reason no one is interested in it anymore. There is an article that talks about in detail the reason why EOS no longer a cryptocurrency to invest in. Sharing the link to the article, if anyone here is interested in finding the reason of EOS decline.
    I am using and experiencing EOS: it is faster and more stable than any other blockchain in the market. However, BlockOne betrayed the community and did not invest in EOS ecosystem. Currently the community has taken over and developed the ecosystem itself by 3% inflation per year. We should forget EOS before 2022 and follow the journey of New EOS from 2023 ^^
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    hair

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    Re: EOS BLOCKCHAIN
    « Reply #8 on: January 10, 2024, 10:54:19 PM »
    I am using and experiencing EOS: it is faster and more stable than any other blockchain in the market. However, BlockOne betrayed the community and did not invest in EOS ecosystem. Currently the community has taken over and developed the ecosystem itself by 3% inflation per year. We should forget EOS before 2022 and follow the journey of New EOS from 2023 ^^
    Talking about blockchain on the EOS network,
    can you provide a reference for a potential coin?
    Honestly, I like collecting altcoins from various projects, I will monitor the development of EOS

     

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