NEO Price Analysis: Neo Gets Strong Backing To Increase Mass Adoption Of The Token
- Neo has been added by crypto.com for easy conversions, accessibility & usage
- Neo continues to gain market acceptance with increasing prices
Neo has been a high performing asset since the onset of 2019 and has doubled its value in just 5 months. The growing demand for this futuristic currency is a result of the interest shown by key market players. The recent addition of NEO token on the crypto.com platform is going to further increase the usability of the token from anywhere in the world. The market data looks progressive and it is only a matter of time when the coin crosses the $15 mark to set newer goals in the next few months.
Crypto·com has announced the addition of $NEO to its roster of supported cryptocurrencies, enabling NEO to be converted to fiat and spent at locations where VISA credit cards are accepted. https://t.co/n7GyssLTjn
— Neo News (@NEOnewstoday) May 31, 2019
NEO Coin Price Statistics:
As on June 6, 2019, at 09:05:51 UTC, the price trend of NEO coin was noted as shown in the below graph. In the last 5 days, the price of the coin has peaked up to $14.92 and has dropped to almost $11.94.
| Particulars | Statistics |
| Price (USD) | 14.21 |
| Price (BTC) | 0.00164509 |
| Market Capitalization | 911,734,370 |
| 24h volume | 701,924,552 |
| Circulating Supply | 65,000,000 NEO |
| Return on Investment | 7,654.90% |
As predicted in the NEO price forecast chart, the coin value has shown an upward trend of almost 48% in the last 30 days, starting May at a price of over $9.57. The market cap is now over $91 Mn and the price is trading above $14. However, NEO is not yet able to cross the $15 mark. However, it has come a long way from trading at over $7 at the beginning of 2019 to now just double the amount. The ROI is completely justified at 7,654.90% and is going to further increase in the next 30 days.
NEO Price Prediction:
NEO has immense support of the mainstream players. By the end of 2019, the price of the coin can cross $ 50 mark and in the next 2 years, it should be trading somewhere between $200 and $500.
Conclusion:
NEO token is a lucrative investment for those planning for long term returns. Those who already are the holders of the currency should continue to keep it as the price is going to shoot up in the coming months.
