What would be technically the best entry point if somebody believes in EOS fundamentally?
Check EOS StochRSI and crypto market if trend is your friend. 🚀
EOS price at the time of the writing is 14,22 USD, with 8,9 billion USD market capitalization. It is a decentralized application (DApp) platform in a development mode. It will use a hybrid Delegated Proof of Stake (DPOS) and Byzantine Fault Tolerance (BFT) consensus mechanism. It looks like projects will get funding through Venture Capital (VC), ten percent of EOS tokens are reserved for Block.one and EOS holders will receive projects tokens through Airdrop. ✈
ETH (Ethereum) price is 1.055,62 USD, with 102,6 billion USD market capitalization. Currently it is a leading smart contract platform but with performance and scalability problems. It still uses a slow Proof of Work (POW) consensus mechanism. Projects get funding through Initial Coin Offering (ICO) where almost everyone can participate and it can be slower than from one source, with no due diligence and legal compliance.
It will be interesting to see if ETH can adapt quickly enough, or is it even possible, because some things EOS is building have to be made from the ground up. And is this the best possible way or something else will come up? Maybe somebody should diversify and invest according to the developments.
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