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3 Reasons To Be Bullish About EOS (EOS)

Three days ago, the EOS (EOS) development team released EOSIO Dawn 3.0 on Github. This is in anticipation of the final release of EOSIO 1.0 that will grace the crypto-verse in June of this year. By releasing EOSIO Dawn 3.0, the EOS team have lived up to their constant project developments such as releasing EOSIO Dawn 2.0 four months ago. Such constant updates and developments are what crypto-traders and believers look forward to on a daily basis with blockchain projects.

So why should you be bullish about EOS (EOS) moving forward?

Firstly, the recent launch of EOSIO Dawn 3.0 proves that the project is on track to develop the much anticipated ‘most powerful platform‘ in the world of blockchain. With June less than 2 months away, the final EOSIO platform will give prominent platforms such as Ethereum and the Tron Mainnet – that is also slated to be released on 31st May – a run for their money and users. Moving forward, June will be a showdown of platforms and corresponding action in the markets.

Secondly, past market performance of EOS has proved that it can skyrocket to outer space faster than Jay Kay from the legendary British band Jamiroquai, can say Cosmic Girl. Early Crypto traders had spotted EOS being only valued at $0.84 on November 1st, 2017. Two and a half months later on January 13th, the same EOS was valued at $18.16: a 2,000% value increment. EOS did not maintain double digit values in the markets due to the FUD shaking the crypto-verse with respect to regulations, hackings and massive dumping of BTC in the markets by so called whales. But EOS has settled comfortably above $4 over the past month and is currently trading at $5.86.

The third reason to be bullish about EOS, is the large community supporting and rooting for the project. The EOS Telegram chat group has over 43,000 very active members. EOS has an almost similar number of over 43,000 strong on Reddit. The project is also followed by over 131,000 Twitter users. This means there is a lot of support for the project in the crypto-community. And when there is support by HODLers, nothing major can go wrong in the markets as can be seen with EOS maintaining levels above $4.

All in all, June will be the moment of truth for the EOS project as the development team plans on releasing the much anticipated EOSIO 1.0.