After a partnership with Liquefy, it has been stated by Liquefy that their platform will enable the digitalization of assets using the blockchain technology. The major assets are in the form of private companies, funds, public shares, and real estate. This development is entirely based on the NEO based security token ecosystem. NEO is popular for its privacy segments, and partnership with Liquefy was completely based on the same.
Price Analysis of NEO Coin on 19th June 2019:
At 9:19 UTC, the value of NEO is trading at $13.47 on 20th June 2019. The other factors in the analysis are as follows:
|Return on Investment||7286.92%|
|Circulating Supply||70,538,831 NEO|
|Total Supply||100,000,000 NEO|
|Market Cap||945,643,693 USD|
|24 Hour Volume||350,327,457 USD|
NEO Coin Price Comparison:
The market on a totality may look like it is plunging, but as exhibited in the chart, the price trend has a bullish outlook from the past 4 days. The value has increased by 25.34% from the lowest in 30 days, which was seen o 23rd May with the coin trading at $10.77. The value now, on the other hand, has dropped by 8.7% from 30th May with value trading at $14.80. The market seems to uplift in the coming days based on its current momentum and trend.
Neo might surprise its investors and traders by embarking new heights soon.
NEO Price Prediction and Conclusion:
NEO is trading in the bullish zone at present. Traders might want to trade between the resistance level and support level of $14.146 and $13.391 respectively. If the same trend continues over some time, Neo might touch $20 by the end of 2019.