EidooEDO
$0.778
Market/Exchange
EDO Price Prediction and Price Movement
We have seen some downward price movements over the past three months as EDO has dropped 0 percent. Though with its relatively large market capitalization, EDO maybe in the middle of a long price consolidation phase, in the case of a strong fundamentals, it would be likely that EDO may bounce back heavily and continue its next phase of upward movement. Therefore traders should spend some extra effort in researching EDO's fundamentals and still be cautious while trading this coin.
Please note that this analysis is purely base on EDO's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Eidoo Price Chart
About Eidoo
Founded in 2017 through an ICO that raised $20+M, Eidoo describes itself as a mobile and desktop app that has been downloaded 500K+ times across more than 25 countries.
It claims to be a fully-complaint, non-custodial wallet that allows users to store, exchange, and transact major cryptoassets. Eidoo aims to give easy access to a range of DeFi services and tools, including a built-in Hybrid Exchange and a platform to participate in and launch token sales that are compliant with local regulations. EidooID, a compliance platform, aims to enable companies to conduct all necessary verifications for their projects and crowdfunding operations. This includes KYC, AML and Mifid, and linking the digital identities of their users to the blockchain through their wallet.
Eidoo is part of the Poseidon Group, a blockchain player in Switzerland, Italy, and wider Europe.