The cryptocurrency market is replete with cryptocurrencies like Bitcoin, Ethereum, and Stellar had their benefit bandwagon to lure investors. However, there still lurked a challenge of accessibility, transparency, and huge transaction fees with all these digital assets. With decentralized finance (DeFi) becoming the talk of the town, algorithms and science-backed cryptocurrencies seem to be ruling the blockchain world.
Founded way back in 2014, as ANT in China’s first, NEO, the native digital coin got rebranded in 2017. Da HongFei and Erik Zhang’s open-source blockchain platform, the challenge adopted by this Proof of Stake and smart contract protocol, transforms the current world economic landscape into a “smart economy” by utilizing blockchain technology and smart contracts to issue and manage digitized assets.
|Price Change 24h||7.62%|
|Price Change 7d||26.07%|
|Circulating Supply||70,538,831 NEO|
|All time high||$196.85|
|All time low||$0.07|
Neo: The Neon Touch
Blockchain algorithm being the center-stage of this cryptocurrency, using NEO for all marketplace transactions such as financial services, apps, games, to name a few, which can be built on the platform.
As explained above, NEO is a blockchain-based digital currency that enables developers to formulate and work on smart contracts, automatically implementing assignments under specific conditions.
Going through the various stages of development and evolution strategies, NEO has stuck with its plan to consistently upgrade the protocol to ensure improved usability, security, functionality, and decentralization.
The vision of the NEO community for the coin stands tall and firm. Leaving footprints on the technological and functional eco-space, NEO cryptocurrency nurtures hope and convenience, making the lives of users worldwide easy. There are factors apart from above that govern the price of NEO objectively, viz. The relationship between supply and demand, which is an age-old phenomenon of contradictory relation of demand and supply, works for NEO.
Neo: What is Cooking Hot in Neo Lab
Neo has rolled out the third version of its public blockchain, N3. There could not have been better timing, especially when Ethereum is fighting hard for a breather. Well-poised on the platform, NEO will boost the transaction speed on the network from 1000 TPS to 5000 TPS while reducing the gas fees by 100 times. This version of the NEO network will also focus on oracle integration and a decentralized file storage solution.
Neo Price Forecast & Technical Analysis: The Expert Astrology
While NEO coin was in the initial phase, it did not see much acceptability with masses for trading; it took time for NEO to build that trust and work towards it. Undoubtedly, it emerged as a leader, and later, its price stands tall from the last few months, and over the last 24 hours, the coins are trading around $115. Here are many crypto experts who opine that NEO has immense potential and encourage investors to give glowing recommendations, i.e., investment advice to buy or sell as below for this digital asset based on below NEO forecast:
Wallet Investor: “Finally ray of hope. There is hope for consolidating trends that point towards the fact that there is hope for the coin and show that Neo could go on a higher and as per the NEO coin price prediction, NEO will be worth around $130 by the end of 2021.”
Coinswitch: “NEO is currently ruling the real world and has attained one of the biggest crypto assets in the last year, and the performance might be thoroughly maintained in the upcoming five years too. As per the NEO coin price prediction estimated by Coinswitch, the price of NEO would reach $533 by 2025.”
Digital Coin Price: “As per the NEO predictions done by Digital Coin Price, the price of the coin is expected to reach around $296.31 by the end of 2025.”
LongForecast: “As per the NEO predictions done by LongForecast, the price of the coin is expected to reach around $167 by the end of 2021.”
GOV CAPITAL: “The NEO prediction conducted by GOV CAPITAL states that the coin would hover around $107 by the end of 2021.”
Trading Beasts: “As per the NEO forecast, the price of the coin is expected to reach $125 by the beginning of 2025. The expected maximum price is $110, minimum price $175 for 2021. The NEO price prediction for the end of the year is around $140.”
Crypto Rating: “Compared to what NEO was in February 2021, NEO might sound highly bullish as it has shown a reliable consistency.”
Captain Altcoin: “If NEO manages to reflect growth over the next five years, the token would surely be at 10-100x of the current value. The realistic NEO price for the foreseeable future is somewhere between its current price and its all-time high of $196.85.“
Neo Price Prediction: 2021-2025
The long-term NEO price predictions are highly mixed though today, the price of NEO is 115 USD. Its current circulating supply is 70,538,831 NEO with a market cap of $8,138,531,910. In the last 24 hours, NEO has increased by around 7%.
NEO Price Predictions 2021
The year 2020 was a game-changer, not just for NEO but for most of the currencies, including cryptocurrencies and fiat. World economies somersaulted drastically in light of the Pandemic. However, the year 2020 brought a lot of good for NEO. The coin kept its momentum onward and upward. In 2020, NEO price was hovering around $20. NEO has boosted the market sentiment phenomenon drastically since then, and currently, Neo reaches $115. The market sentiments suggest that the NEO prediction for the future shows a bullish approach.
NEO Price Prediction 2022
In tandem with the same bullish trend, there are predictions that NEO price prediction 2021 is optimistic. Following the trending pattern of NEO/USD, especially the way it is trading within the confines of a symmetrical triangle, it is evident that NEO price too could run parallelly on the same bullish trend lines. Keeping in perspective the series of sequential peaks and troughs, the 2021 NEO price rise shows a positive trend among the receding Pandemic scenario touching the $140 mark in 2022.
NEO Price Prediction 2023
Going by studying shorter and longer price trends, NEO value has been digressing from its path normally every couple of years. So going forward, it is likely that the end of 2022 or the year 2023 may not be so great for NEO for escalation, especially with rivals catching up heat or markets playing hide and seek in trading. Even with the market ups and downs, the NEO price forecast doesn’t seem to have an effect to a huge extent.
NEO Price Prediction 2024
Stating that a jaw-dropping possibility does not exist and that bulls will ride the crypto market, it is once again expected that NEO will rule the cryptocurrency market with a price-performance pegged at $180. This shows that NEO has the full potential not only to sustain but consistently grow even in adverse conditions in the upcoming future, and so traders and investors will have no fear of losing money.
NEO Price Prediction 2025
This year might mark as the benchmark year as the price of NEO is predicted to surpass $180 by all means. With mass adoption and based on technical analysis, NEO coin is estimated to reach around $200 by 2025, a rise like never before.
Frequently Asked Questions
How does the NEO coin gain significance in the market?
The credit goes to investors & developers. NEO has the potential to mark its presence in the world of cryptocurrencies. NEO has bagged their confidence purely based on its merit. NEO has proved its mettle against its competitors. Undoubtedly NEO would be worth an investor’s hard-earned money.
Why should I use cryptocurrency over fiat?
Even though the Pandemic is on a receding stage, most of the world economies have dwindled. NEO may be a small fish in the crypto ocean but won’t take long to become a big shark. A timely decision and strong faith are all an investor needs!
Where can I buy NEO coins?
All renowned significant exchanges of the world carry the hallmark presence of NEO. Compliant exchanges also give you the facility of directly trading NEO for fiat currencies like USD, EUR, GBP, etc., or other cryptocurrencies on many exchanges. Investors can also benefit from block reward programs on NEO.
Should I invest in NEO? Does NEO have a future?
One can say Yes and No. Are you watching the price prediction of NEO on the exchange meticulously? You need to do your due diligence and read the prediction before investing in NEO. And yes, its future is secure as it is one of the major cryptocurrencies with solid fundamentals.
Is NEO a good investment?
As a matter of fact, yes. NEO is a bi-product of affluent scientist masterminds who have studied and worked on blockchain for years. With a well-thought road map and vision, NEO is set to make a radical difference to the entire cryptocurrency world as a viable investment NEO shall break all price barriers remaining a favorite token on the crypto exchange.