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EOS, the next dark horse ETF?
EOSHLOD
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The performance of EOS in the past two months has been completely beyond everyone's expectations, rising from the lowest $0.4 to $1.5, a 400% increase! The market capitalization ranking has risen from around 100 to 60th as of today, completely beating EOS shorts.
What is EOS? As the leading blockchain chain, I won't go into details. Currently, many blockchain technologies are learned from EOS. The biggest problem of EOS is the low price. At that time, EOS was in the top 3 in market value and was the killer of Ethereum. When it was at $20, many investors were trapped. It fell all the way to the lowest point of this round of bull market, $0.4, and recently it had a Jedi counterattack. There are many different opinions on the reasons behind the price increase of EOS.
Recently, the price of XRP has soared, and its market value has directly reached the 100 billion mark, becoming the third largest cryptocurrency. This has made many veterans in the cryptocurrency circle very happy. They began to think about investing in old coins such as EOS, which have an undervalued market value, are circulated in exchanges around the world, have leading technology, have the most stories, and are widely circulated. This proves that the value of digital assets is not just a casual statement, but depends on the degree of use on the chain. Community traffic and high concurrency are all just empty talk. Time is the only criterion for testing the truth.
With XRP's application for an ETF, a wave of growth has driven the growth of old coins. The author finds that EOS also has great potential and may be the dark horse that drives this round of digital asset ETFs!
Everyone noticed that on November 12, Coinbase, one of the world's largest exchanges, launched their COIN50 index. This index is an indicator to measure the market of the cryptocurrency circle, which is very similar to the Nasdaq index in the stock market. It has a strong ETF concept, including EOS, which has been despised for many years. That month, EOS rose by 50% based on the COIN50 ETF concept. COIN50 index: coinbase.com/coin50
Judging from the current EOS bullish trend, the rally has just begun. EOS, a well-known coin in the cryptocurrency circle, has just begun its counterattack. In the short term, it is expected to rise to $3; in the medium and long term, if the ecosystem is implemented, it may return to $5. If the ETF can be realized, it is not ruled out that it will break through the $10 mark.
How can ordinary users hold EOS and embrace this bull market? Some people say that it is exciting to play contracts on Binance. From my experience, except for a few lucky people or professional traders, ordinary users will lose money in the long run? I personally recommend the following method, which is not bad in terms of income and contract ratio, and most importantly, simple, rough and practical!
Join DAOBOX, “0” risk, high annualized return
DAOBOX is an EOS mainnet staking pool ecosystem, with the following features: "0" risk, no need to transfer coins, the coins are still in your wallet, automatic reinvestment, high annualized, lossless annualized return of 30%+. With an annualized interest rate of 30%+, even if EOS does not rise, there is still a 30% return. The author built a position in EOS at $0.4, locked EOS for 2 months of high annualized return, and when it was $1.5 recently, I unlocked and sold part of the EOS to recover the original cost, and the remaining profit grew naturally. Then you unlock part of the sale according to your own target price. If you think it will reach $3, you will unlock 20% to sell, and if it reaches $5, you will unlock another 20% to sell. Only by balancing conservative strategies in this way can you be invincible in bull and bear markets.
Official website: https://daobox.vip
2. Participate in Defibox’s vault
Defibox's vault has undergone strict security audits + multi-signature + directional open source code, and its safety factor is close to DAOBOX's "0" risk. It has been running stably for 3 years and is the only interest-bearing token on EOS. Its characteristics are that it enjoys a high annual rate of 30%, and it has SEOS tokens as liquidity, which can participate in market making, lending, collateral and other DeFi rights. It is the choice of many large households and professional traders. For ordinary users, it is also a good choice to simply participate in the vault and enjoy high annual rates.
Official website: https://defibox.io/vault/
3. EOS+USDT Market Making
Liquidity market making is an underestimated strategy in a bull market. In a bull market, transactions are frequent, so it is not easy to be overly bearish, just like those who shorted EOS before lost badly this time. But it is not easy to chase highs, because of the unpredictability of the market. In the long run, EOS+USDT pairing market making is a very balanced strategy. The strategy of Swap V2 automatically buys and increases positions when EOS falls; automatically sells and makes profits when EOS rises; in this bull market with active trading fluctuations, you can enjoy the commission income, which is as high as 50%+ annualized, and there is also BOX mining income. It is especially recommended that users participate to a certain extent. What is DeFi? DeFi is Decentralized Finance, which refers to decentralized finance. The currency circle is about buying and selling, which is essentially finance. If you get started with DeFi, you are considered to have gotten started with the code of wealth. Compared with other players, you are better and always the winner.
Official website: https://defibox.io/
4. Other DeFi gameplay
Defibox is the only decentralized exchange on the EOS chain with a 5-year history. There are also DeFi games such as stablecoins and lending, which are not listed here one by one, and I highly recommend you to learn about them. Among them, the token BOX has a total of 5 million, more than 800,000 have been destroyed, and almost all are in circulation. Benefiting from the surge in EOS prices, its market value has increased from 2 million US dollars to 4 million US dollars. If you are interested, you can also try to buy it.
Other EOS ecosystems:
EOS will have its first 100x ecological RAM in 2024. Although RAM is relatively sluggish recently, its community is very active. With the support of a special RAM ecological fund of 350 million EOS, there is a promising future:
RAM Chronicles — The hymn of humanity is the hymn of courage
From December 2023 to today, the highest increase of RAM and RAMS is 100 times. This article mainly introduces the chronicle of RAM and RAMS, learning from history and looking to the future.
medium.com
Information about exSat
Here we have to mention the current project on EOS: BTC second-layer network exSat, which has hundreds of mining pools participating in the world, more than 4,000 BTC computing power, and real pledged assets, which are close to 300 BTC and are constantly accumulating.
https://medium.com/exsat-network/%E5%A4%A7%E5%9E%8Bbtc-1-5%E5%B1%82%E9%A1%B9%E7%9B%AE-exsat%E8%B5%8B%E8%83%BDram%E7%9A%84%E5%BA%94%E7%94%A8%E6%A1%88%E4%BE%8B%E5%88%86%E6%9E%90-486277532e8c
The above information is for reference only and is not any investment advice! The cryptocurrency market is risky, so be cautious when entering!
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