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in Guides Home June 18, 2018 EOS (EOS), the cryptocurrency that is ranked 5th when it comes to its market capitalization of over $12 billion, and it currently trades at around $13 USD per EOS token. During the February cryptocurrency market crash, this cryptocurrency demonstrated that it was able to maintain its stability seeing as most other altcoins experienced a dramatic drop in price.
Since the end of October, EOS experienced an incredible rise of nearly 2000%, climbing rank after rank, and slowly gaining up on Ethereum. On the other hand, Ethereum(ETH) declined with 25% over the past month.
As you all know, Ethereum is the second largest coin, with a market cap of $60 billion dollars, currently trading at $600 USD. Sure, there is a noticeable difference in both market cap and price, but many crypto experts say there are signs that hint that EOS has the chance of surpassing Ethereum.
In our article, we will try to figure out if this technology could really overthrow the number two coin in the crypto world in the long run. EOS is a blockchain platform that was created to provide a stable environment in which decentralized applications can be developed.
In certain functional ways, you could say that EOS is somehow similar to Ethereum. EOS is advertised as the fundamental solution to the various issues of the blockchain infrastructure, such as scalability. Read more from usethebitcoin.com…
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