Your email address will not be published. A hack on a cryptocurrency exchange is seen as a precursor to falling virtual currency prices. Due to the high rate of sales, the EOS price became $5 but went back to the original price of a dollar in a couple of days. The reason why this market has been able to stay among the top ten cryptocurrencies is that it tackles problems attached to various blockchain networks. Tim Draper, a venture capitalist, is confident that the leading cryptocurrency will exchange hands at $250K at least by the time the crypto train arrives in 2024. This may drag prices back to around $5 by the end of 2021. Apart from the RoI, thorough research before making any investment or giving any recommendation to buy a second thought is vital. There are very few bag holders left. However, someone who invested $1 into bitcoin had an RoI of $90,000 within the same period. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. Therefore, its price met several ups and downs. The popularity of bitcoin brought with it a host of other problems and opportunities. Gox and Bitfinex hacks. Bobby Lee, the Ballet wallet CEO, predicts that the price of the king crypto will likely touch $500K by the end of 2028. "AMLTF" stock predictions are updated every 5 minutes with latest exchange prices by … The algorithm ensures this through a chancy monetary supply. So far, Ripple has been very stable in price compared to other coins, so we are unsure how and if these optimistic cryptocurrency predictions will happen in 2020. chainbits.com Blockchain and Crypto Trends for 2020 Libra Launch Editorial Policy Blockchain News These experts suggest selling off your holdings as it might be the best decision you could make right now. The launching of a new social network on the platform called ‘Voice’ is much anticipated and might launch EOS to greater heights when released. For context, in October 2009, one bitcoin exchanged hands at $0.0009 only for it to shoot to slightly above $20,000 towards the end of 2017. The popularity of BTC has led to more people scrambling to get a place on the Bitcoin train when time is still prime. All rights reserved. The only real sell pressure now is people taking profits.”. Unfortunately, at the beginning of 2018, the price dropped to $14,000 and closed the year at almost $4,000 flat ($3,742). In April, Bitcoin’s price in the crypto world rose and EOS followed and rose to $21 only to fall back to $4 by August. Ethereum News Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. Luckily, it’s not all complicated on the other side. With the confirmation of thousands of transactions per second; the usefulness of EOS on decentralized applications is bound to increase over the years. The highest CRO price took place on August 21, 2020.