Neo.org is a blockchain platform that promotes the development of smart contracts and digital assets. Existing transactions in the data chain are stored on separate, independent computers. These data blocks verify every transaction made with the NEO coin by identifying the owner and transaction.
NEO and GAS are the two native tokens of the ecosystem. Owners of NEO tokens can participate in governance processes. However, they are also qualified to receive a passive distribution of the GAS token. The GAS token is used in the meantime to pay for dApp purchases, transaction costs, and the deployment of smart contracts.
The platform provides a wide range of services, including self-sovereign ID, native oracles, smart contracts, decentralized storage, and interoperability. Following a lengthy four years of Mainnet operation, NEO underwent its most significant transformation when it transferred to Neo 3.
As of 5:05 p.m., the price of NEO is $8.62, a change of -2.07% over the last 24 hours. The market capitalization of NEO tokens is now $607,778,439.78, following the most recent price movement. NEO has experienced a change of 42.36% so far this year. In accordance with the data, NEO is categorized as a Smart Contract Platform.
A blockchain-based open-source network called Neo (NEO) enables programmers to build digital assets and smart contracts. The 2014-founded blockchain was first known as Antshares (ANS), but in 2017 it changed its name to Neo.
The team promised that no more than 15 million NEO held by the Neo Council would be used annually and that the remaining tokens would be distributed as follows:
Following the platform’s renaming from Antshares and the introduction of the Neo NEP-5 token standard in January 2018, the NEO token achieved an all-time high of $196.85. The token for the project fell to an all-time low of $0.07229 in October 2016, shortly after the Antshares mainnet became live.
The Relative Strength Index (RSI) for NeoGenomics (NEO) is 54.26, indicating a Neutral signal.
The Trend Strength Indicator (ADX) for NeoGenomics (NEO) is 28.22, indicating a Neutral signal.
The Commodity Channel Index (CCI) of NeoGenomics (NEO) is 24.67, indicating a Neutral signal.
The Price Rate of Change (ROC) for NeoGenomics (NEO) is 7.95, indicating a Buy signal.
Neo Coin has experienced rapid growth in the cryptocurrency industry since its inception. In 2021, Neo Coin provided a significant return to its first investors. In January 2018, Neo prices reached an all-time high (ATH) of $196.85. The future of Neo Coin is promising because of its limited token supply and community support.
According to our forecast, the price of Neo Coin will continue to rise over the next ten years, exceeding $500 by the end of the decade. Because all cryptocurrencies are growing slowly, Neo Coin’s performance appears to be bearish. There is a good chance that the next bull run will aid in the recovery of some value in 2023.
2024 Neo Price Prediction
TradingBeast’s Neo price predictions for 2024 estimate that the coin’s price will rise above $10.930626 by December. PricePrediction.net predicts more increases for Neo in the future, predicting that the Neo price will reach $12.0258 at that time. WalletInvestor, on the other hand, continues to forecast Neo price declines, forecasting prices around $1.223 in 2024.
ROI potential: -12% Sell
2025 Neo Price Prediction
Neo price forecasts for 2025 remain overwhelmingly favorable, with some analysts predicting prices in the $14.5962-$20.003046 range (PricePrediction.net, TradingBeast), while WalletInvestor believes the price might reach $0.516 in December 2025.
ROI potential: 28% Buy
As the above research shows, Neo’s (NEO) forecasts are somewhat conflicting. There is no general agreement on whether future NEO price changes will be beneficial or negative. Indeed, future potential growth is dependent on a variety of things, including announcements, new technology solutions developed by Neo projects, the crypto environment in general, legal status, and so on.
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