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NEO Price Prediction for 2021-2025

Meet a Chinese Ethereum called NEO. And it’s not in vain as it has a solid list of dApps and ventures on its blockchain. The latter works almost the same way and provides financial opportunities from digital currencies. 

Back in 2016, a Chinese programmer Da Hongfei rolled out the project, having the idea to attract domestic developers to execute projects on the blockchain. The token had success in China and instantly got significant interest from local backers. 

At present, the worth of the token is not high. Despite the overall market going downward, the coin keeps its 20th place along with some other cryptos. Now, what is it exactly, and what the future holds for crypto? Let’s dive deeper and get to know the NEO price prediction for the years to come.

What is NEO?

NEO serves as safe haven for secure exchange of data and financial resources between users, herewith, all tangible assets are promised to stay safe. Speaking of the name, do you remember Neo from “the Matrix”? The movie depicts people as a power source for the computer network. Well, the NEO platform works by the same principle, but instead of humans energy source comes from money funds of e-wallets.

The creators have already got high-tech agreements in all economic sectors. The platform is constantly getting popular, and the developers landed some beneficial contracts with actual crypto platforms and such giants as Microsoft and Alibaba.

To cover the network’s needs, a range of services, and the whole ecosystem in general, NEO issued GAS tokens for supporters. The use and demand for GAS coins increase as long as the number of projects grows on NEO. 

Now, in some ways, the NEO price prediction depends on the developments the team is constantly bringing up. Let’s find out what makes the token unique. 

What makes NEO attractive?

It stands out from the crowd thanks to its main features. These are

  • availability of different types of digital assets that can be registered, delivered, and exchanged
  • delivery of digital certificates that ensure legal defense for digitized assets on the NEO platform
  • creation of smart contracts by using NeoContract, which allows using more familiar coding languages like Java and avoiding new ones that might be hard to learn
  • process of superconducting trading allows exchanging digital assets and peer-to-peer currencies with no external parties

Historical Price Analysis of NEO

Before making any NEO price prediction, let’s get to know the previous overall dynamics. NEO used to be Antshares. In 2017, it had a rebranding. After this whole process, the worth boosted from $1 to $7. Once the token became known, the demand for it skyrocketed. In late summer 2017, the price got a whopping $40 and the market cap was 2 billion. 

For a few months, the trading price was remaining from 20 to 40 bucks. Then, in winter 2017 the price of all digital assets, including NEO, started to surge. Besides, the fact of being placed on Bithumb also contributed to the value’s growth. Because of this, in mid-January, the token got the all-time high of $196. 

In 2018, the market went downward and NEO’s price went down as well. In early spring 2018, its cost was 52 dollars, then regained $76 and dropped again to $40. In April, NEO’s price surged to $83, and slowly but surely by the end of the year, it was plummeting to a $7 price point. 

In spring 2019, NEO was juggling between $9 and $12. There were great updates back then (the system leveled up in stability and speed). Yet, it didn’t change the situation. By the end of June, the worth from $20 came down to $8.

In the fall of 2019, NEO introduced three novel developments. These were NEO ONE Developer Framework, NeoFS Distributed File System, and NEO Blockchain Toolkit. All make up the tools for the brand new version 3.0. After these updates, the price went up to $10 and in the middle of the autumn, it returned to $8. During the following seven months, the value was ‘agitating’ between $6 and $14.

Trading volumes reached their peaks in 2019 and 2020. In early fall 2020, the trading volume was at 25.62 but the worth couldn’t stand this high. In January 2021, there was a bullish trend. Finally, just a year after, the value of the token has been fluctuating between $30 and $50, and the token seems to experience a bullish trend too.

Factors that Influence the prices of NEO

Integral to the NEO price prediction are the factors that actually influence the price dynamics. First and foremost, it’s the cooperation with the Chinese state institutions. The latter, had the platform got the green light to legalize digital money, will help it land a big piece of the market’s cake. For the record, the Chinese market is gigantesque. 

What’s more, NEO serves as a ground for the development of the decentralized operating system Elastos. The latter claims to become a worldwide center of data storage and processing.

 Here are a few aspects that might influence the price in the following years:

  • more opportunities for making money as this blockchain charges less than others
  • high operational performance ensures speed and ease of use
  • low inflation rate as mining is restricted – the biggest amount of coins to be mined constitutes 15 million
  • fast market roll-out as the platform uses the most well-known programming languages that makes it possible for further commercial use
  • high-profile partners like Alibaba and Microsoft provide great support and promotion
  • whin the platform, the investment fund Nest Fund exists that also increases investment appeal of the token

Short-Term NEO Price Prediction

Let’s outline a possible NEO coin price prediction for two years ahead. At the beginning of the year, the price might start with $46.159 or $31.388, and at the end, it might be something in-between – $36.927. 

We’ll skip possible prices for some months and end with May 2022. The average worth might be $37.209. Herewith, the highest price mark could be $46.512, and the lowest – $31.628. 

In January 2023, the worth can reach $35.466, herewith the max one is expected to be $44.333 and the min one – $30.146. As far as it is possible to predict, in March 2023, crypto entrepreneurs can trade with a $34.360 price point. The highest worth can be $42.951 and the lowest one – $29.206.

NEO Price Prediction for the Next Three Months

Let’s get to know what the NEO price prediction is for the lasts months of the year. Experts assume that the highest price point for the token might be $45.428, while the lowest one is $30.891. In late October, it could be $36.342.

As for November, the prices could be $45.715 or $31.086, and at the end of the month, some might be trading with a $36.572 price point. In December, traders might expect $45.954 or $31.249, and at the end of the month, the price could make $36.763. By the middle of 2024, the value might hit $93.23.

Long-Term NEO Price Predictions

By long-term, we mean the NEO price prediction 2025-2028. Some platforms predict a surge in price. They say the token will cost $1,275 by 2025. During the year, it has all the chances to reach $107.99 and then get $134.26 in 2026. Finally, in two years, the token might cost $166.06. Yet, it’s important to mention that the pandemic changed everything overnight. The same might happen again.  

FAQ

How to Buy NEO?

You can purchase NEO by turning to one of the cryptos exchanged out there. Make sure you pick a trustworthy one that supports the coin and takes care properly of your personal data. Also, pay attention to fees and transaction speed.

What is the Future of NEO?

The venture got support from the Chinese government and teamed with giants on the market – Microsoft. This means the project has great potential. Besides, the team has launched the 3.0 version, making the blockchain stand out from the pack for reduced fees, first of all. This upgrade improved the platform’s capacity in many ways. All of that shows that the team is working on it, suggesting better solutions to the crypto world than a famous Ethereum. Thus, it has all the chances to outshine its main competitor. 

Should I invest in NEO?

The price is going up gradually, which creates opportunities for traders. Ias the NEO price prediction 2025 says, the worth is announced to skyrocket, making long-term deals profitable. 

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.

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