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RE: What does this mean?

in #eos7 years ago

No need to worry about the EOS because it will be the great token in erc-20.

EOS has already had its fair share of attention with speculators mentioning its potential to outdo Ethereum thanks to the combination of Block.one and the EOS cryptocurrency. Certainly Ethereum has already established itself as the biggest Dapp platform in the crypto space and whether EOS and Block.one will manage to scale that height is unknown. However, if EOS can stand the test as the most powerful infrastructure for decentralized applications only time will tell us.

Estimates for the marketcap by June (when the year long ICO ends) will be 4 billion dollars. That is all before any code is deployed. As long as current future speculation and expectation trends continue, this may not be a problem, but if people start to reevaluate fundamental valuations (like an ongoing bear trend) it could be particularly dramatic for EOS. Great premise, but currently completely afloat on future expectations.

EOS gained 9.803% subreddit growth in the last 24hrs and currently EOS is ranked the #3 fastest growing community in crypto!