EOS is a blockchain platform designed for developing decentralized applications (dApps), aimed at addressing issues of flexibility, speed, scalability, and low transaction fees that blockchains like Bitcoin and Ethereum face.
Currently, the price of EOS is approximately $0.8541, with a market capitalization of about $1.27 billion USD and a 24-hour trading volume of $128.86 million USD.
According to forecasts, the price of EOS could rise to around $1.85 by 2025, corresponding to a growth rate of approximately 102% compared to the current price.
However, the cryptocurrency market is very volatile and difficult to predict accurately.
EOS uses a Delegated Proof of Stake (DPoS) consensus mechanism, unlike the Proof of Work (PoW) mechanism of Bitcoin and Ethereum, which helps reduce transaction costs and increase processing speed.
Although EOS has significant potential, it also faces competition from other blockchain platforms such as Ethereum, NEO, and QTUM.
Therefore, investing in EOS needs to be carefully considered, based on research and personal evaluation.
