NEO Price Analysis: NEO’s Investments in Gaming Community May Increase Mass Adoption

NEO Coin News
  • NEO’s partnership with VibeHubVR may push the token towards mass adoption
  • NEO may rise up to $15 by the end of the month

This is a perfect time to invest in NEO token in bulk as the coin prices are relatively low and moving towards bullish trends soon. The firm has been inking partnerships with new gaming communities almost every day, the recent one with VibeHubVR and this may establish the token as one of the favorites in the community. The current market performance of the coin may change in the next few days towards positive growth trends.

NEO Price Statistics:

In the last 5 days, NEO token has recorded a downtrend of over 14% declining from $10.91 to its current value at $9.28 as of August 15, 2019, at 08:56:30 UTC. The coin kept trading above $10 in the last 4 days but started declining suddenly since yesterday and had a steep fall from $10.66 to its current value in the last one day.

Based on the NEO price predictions

chart, we can derive the following conclusions.

  • The price of NEO token is noted to be $9.28 and 0.00095118 BTC
  • The market cap of the coin is now $653,657,137
  • The 24 h volume of the coin has reached $292,481,753
  • The ROI of the coin is 5,064.54%
  • The circulating supply is now 70,538,831 NEO

NEO’s lowest recorded value yesterday was $9.36 and, currently, it is trading even below this value. But, it is moving in the upward direction now and may close the day trading at or above $10 again.

NEO Price Prediction:

This is a good time for NEO token investments as the coin may rise up to $20 in the next few months. The momentum of the coin may not be that great since the last few months but the partnerships and technological developments may start showing results now and push the coin towards unstoppable growth trends.

Conclusion:

Bulk investments in NEO may yield good profitable results in the long term future. The coin may start going bullish from next month onwards.

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.