Ethereum has created spoiled investors.
There, I said it. I am just as guilty as you are.
It's important to remember that it took Bitcoin years to reach its current state. And Ethereum, which is barely two years old, was gearing up to take Bitcoin's dominant market cap just a few weeks ago.
But now, Ethereum's growth has stalled. The entire cryptocurrency market (with exception to the heavily hyped initial coin offerings) has cooled.
And, like fat cats who got too much food at once, investors are irritably looking for their next meals.
And that brings us to the topic of this post: altcoins.
In the wake of Ethereum's lull, I have seen a renewed interest in other altcoins.
The most common question that investors are asking: Is this the next Ethereum?
In honor of such questions, I decided to break down the top three altcoins that are generating buzz.
Keep in mind that these altcoins are not the normal flock that we cover at Wealth Daily. (We typically cover Litecoin, Ripple, Bitcoin and Ethereum.) 
Rather, they are tokens that people have asked about in comments or on Twitter.
I am not going to speculate on whether these currencies will do well at this stage. This is strictly informational, and I am pulling information from other sources including Cointelegraph, Reddit, GitHub, and company websites.
Let's start with EOS.
What Is EOS?
EOS is the youngest digital currency we're talking about today.
You could start to buy EOS on June 26th.
Right away, trading volume spiked.
Of course, the high trading volume makes sense. The token was heavily hyped, and its ICO is unique.
20% of all EOS tokens were sold in the first five days, and the remaining 70% will be sold over the course of the year. 10% is reserved for EOS's founding company, Block.one.
Now, let's take a look at that growth. EOS grew fairly rapidly.
The initial price of $1 increased by 400% in the first few days.
As I type this, EOS is sitting around $2.87![digital-currency-eos.png](https://steemitimages.com/DQmVQwfDh4BhcfhGLe6DPVwyRDe1jANisCRvPyHt9SYyuYZ/digital-currency-eos.png)

But here's the kicker: EOS is still a concept. It's not a functioning product yet. And if you plan to buy into it, you have to understand that you will be taking a gamble on an unproven idea.
So, let's take a look at that idea...
Is EOS the Ethereum Killer?
Believe it or not, EOS doesn't stand for anything. But the internet was quick to try to name it, with the most popular (and terrifying) name being "the Ethereum Killer."
And in all fairness, if you look at Block.one's vision for the product, the nickname makes sense.
EOS is a platform, like Ethereum, that will support decentralized applications.
But, unlike Ethereum, the proposed platform is far simpler, allowing businesses to develop decentralized applications without a heavy technical background. The tools are going to be built into the program. And this makes EOS a phenomenal tool for companies that are trying to control and monitor information flow without too many complications.
All of these traits should have Ethereum shaking in its boots.
But it's important to remember that EOS is just a concept. A company can say as much as it wants to about a product, but until it's been tested, the company's claims should be taken with a grain of salt.
Where Can You Buy EOS?
You can purchase EOS tokens on the EOS.io website.
Ethereum can be used to make the purchase, and you can transfer money from another wallet including Jaxx, Exodus, Poloniex, and Kraken. For a full list of participating wallets, click here and scroll down to question 13.
Now, if you're an American, you'll immediately notice something weird.
EOS is not available to purchase if your computer displays an American IP address. To me, this is an immediate red flag. I can understand a company's desire to keep the price stabilized during its ICO, but limiting the American market (a very large digital currency consumer) seems strange.
So, I went searching. There are ways for American investors to buy EOS, you just have to Google and it will pop up. In the digital currency world, there are rarely obstacles one can't overcome.
EOS Takeaway
It's important to remember that EOS is still a concept. So, investing is a gamble.
EOS has already made an appearance in articles from The New York Times and Reuters. So, the hype is out there, and people are curious. But the product remains a pipedream until further proof.