Price Analysis

NEO Price Analysis: NEO’s Focus on Gaming Community Might Benefit the Coin’s Value

Finmax
  • NEO keeps focusing on the gaming community for increasing mass adoption
  • NEO may move past $12 in the next week

NEO has a lot of things going on at the company level but it may not be benefitting it in the token’s price. The firm is focusing on the online gaming community and getting enough traction also for its efforts in building the smart economy of tomorrow. But, as far as NEO token is considered, it seems to be stuck in the under $12 loop since the past few weeks and finding it difficult to find the outside way. The current market performance has nothing new to say.

NEO to USD Price Statistics:

NEO Price Prediction- August 01
NEOUSD Price Chart by TradingView

NEO started yesterday trading at $11.31 and surged to $11.98 in a few hours. It stayed there for some time before falling back again to hit $11.48. Currently, NEO is trading at $11.56 recording a 2% surge since yesterday but it is longer than expected for the coin to move past $12 value. The traders are eagerly waiting for that to happen now.

  • The price of NEO token stands at $11.56 and 0.00115302 BTC
  • The market cap of the coin has reached $815,556,769
  • The 24 h volume stands at $290,965,025
  • The ROI of the coin stands at 6,310.23%
  • The circulating supply is now 70,538,831 NEO

NEO may start rising after this week and may reach up to $15 in the coming week. The coin may close today trading around $12 but may fall back again to trade below it tomorrow onwards till the weekend.

NEO Price Prediction:

NEO is a highly profitable and reliable crypto and the investments made in it may last longer and give proper gains. However, the traders now seek exponential growth trends from the token which can bring the faith back in its power. NEO may rise up to $18 till the end of this month and may move as high as $25 by the end of the year.

Conclusion:

This is a good time to plan long term investments in the NEO token and save for future gains.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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