Ethereum Vs. EOS Vs. Cardano

in #ethereum5 years ago

Which coin offers the greatest potential on investment with $100?

The million dollar question most blockchain enthusiasts want to know is which of these 3 projects have the brightest future and will offer the greatest potential on a small investment?

I believe the answer to this question could make a lot of people wealthy in 5-10 years for those that have patience to wait it out. Or it could be something entirely different and new that comes along that we haven’t quite heard of yet such as Hedera Hashgraph and make all 3 projects obsolete but highly unlikely these networks will completely go away. As long as someone still believes in it, it will have some value even if it is small.

Let’s start with Ethereum it is the 2nd generation blockchain and inventor of smart contracts on a blockchain. It has an all time high of around $1,300. Right now the price is currently around $89.30 but changing constantly. A $100 investment today in Ethereum would get you about 1.11 ETH. If it goes back to all time highs you would have around $1,443 on a $100 investment. That is a pretty good return compared to the average annual return on the stock market of around 8% a year. But who knows during the next bull run maybe ETH goes even higher??? Ethereum is still in development of parts of its blockchain yet to be seen such as the Casper upgrade that will upgrade ETH from POW to a POS coin so people can stake coins and earn rewards. The Casper upgrade will also make Ethereum much more energy efficient unlike bitcoin.

Next we have EOS that is aiming to be a third generation improvement upon Ethereum and Bitcoin. EOS held a large ICO and raised around a record $4 billion dollars that is unheard of for a cryptocurrency. But just because they had a record raising ICO doesn’t mean it will set record returns. They have a big developer team behind it and a lot of enthusiasts and developers building on it. I wouldn’t be surprised to see EOS give ETH like returns in the future though. $100 today in EOS would get you about 53.47 coins at $1.89 per coin. If EOS goes back up to all time highs of around $19 you would have about $1,015.93.

Next is Cardano it is similar to EOS in that they also aim to be a third generation blockchain. Cardano is being built by lead dev Charles Hoskinson one of the big founders of Ethereum that sort of had a falling out with other Ethereum devs and didn’t agree with certain things. They aim to build a blockchain that is mathematically correct and goes through strenuous testing before every upgrade to its chain. They are trying to be the first provably secure blockchain. They also like to use a lot of fancy words most people can’t understand lol. But anyway a $100 investment today in Cardano would get you around 3,448 coins at .029 per coin. So if it goes back to all time highs around $1.20 you would have around $4,137.60. But past performance doesn’t always guarantee future returns who knows maybe they’ll all keep going down until 0.

It might not be any of these coins mentioned that become one of the largest and give the best returns. There are so many projects any of them might be just as likely to see big returns who knows. Another coin under the radar I am keeping my eye on happens to be RavenCoin that is aiming to be a platform for security token creation. They are trying to make it super easy to create security tokens. After 2019 a lot of people think ICOs are about finished abc that the future will be security issued tokens not utility tokens that have no value unless a lot of people use it.

Please do not take this as finiacial advise do your own due diligence and research. I am not a financial advisor.

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#ethereum #blockchain #eos #cardano #investing

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