EOS Transforms into Web3 Bank, Target Price Aiming for $1.6!

Once hailed as the "Ethereum Killer," EOS is now undergoing a significant transformation, fully bidding farewell to its old brand and rebranding as Vaulta. It plans to become a Web3 bank that connects traditional finance with decentralized finance (DeFi). This upgrade does not require a hard fork, and tokens will be exchanged 1:1 for the new ones, with exchanges gradually delisting the old EOS.

Looking back at history, EOS raised $4 billion through a year-long ICO, but the enormous funds became a burden. Lack of execution and unmet commitments from management caused the token price to plummet from a peak of $14 to below $1, nearly becoming a "dead project." Now, Vaulta is ambitious to leverage support from partners and industry leaders to build a Web3 financial platform that integrates wealth management, payments, and investments, offering a staking yield of 13.8%, higher than mainstream coins.

Market analysis suggests that as long as the token successfully breaks through $1, it is expected to reach a new high of $1.6 in the future. If the overall crypto market recovers, Vaulta will restore investor confidence and make a comeback to its former glory.

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