EOS is one of the cryptocurrencies with fantastic initial coin offerings. It attained an all-time high price of $22.89 on April 29th, 2018 according to CoinMarketCap. Many hoped that it would have given a better yield since most cryptocurrencies like Bitcoin, Ethereum, Litecoin, and XRP that are within the top five cryptocurrencies at that time were experiencing a correction. However, the present record shows that EOS is the worst performer among the cryptocurrencies above. This has led to the question if EOS is worth hodling considering that every investor has profit as their aim? To answer this question, we shall consider the following: 1) EOS performance in relation to Bitcoin and Ethereum According to data available in CoinGecko, in the past 1 year, the price of EOS has reduced by 63.4%. Bitcoin price has also reduced by 26.5% while Ethereum price has increased by 37.8%. It could be seen that a crypto investor who hodls Bitcoin would have minimized his losses while an Ethereum investment would have made the Investor gain $37.8 for every $100 ETH holding. 2) Activities in the Blockchain According to the official EOS website EOS.io, it will be noted that the last active event in the blockchain was conducted over a year ago. This inactivity shows that the team might not have any new development or upgrade to conduct. It is not advisable to hodl a crypto asset with no recent commits or developmental programs on the horizon. 3)...
XRP Price Prediction For 24 November
