In this guide, we will voice our own and market’s opinion on NEO future while discussing Neo price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Neo.
Now, let’s head into it. Before we delve deep into the Neo price prediction and answer questions if NEO is a good investment or not, why will NEO succeed or fail or why will Neo price rise or drop, let’s quickly throw a glance at what is NEO and its to date history.
What you'll learn 👉
NEO Intro
NEO is a next generation of blockchain, a smart economy platform that has had a monumental rise to fame and most know NEO for its explosive growth. You have probably heard a shabby phrase describing NEO as the “Chinese Ethereum”, pointing out similarities between the two platforms, mostly their ability to create, run and store smart contract code and decentralized apps or dApps..
NEO is a blockchain platform and cryptocurrency, which is designed to digitize assets using smart contracts, aiming to bring blockchain to the masses. NEO essentially plans to recreate real world economy into a digital, smart economy where all assets are now digital assets you can easily move, transfer, split into tiny pieces etc.
It supports common programming languages like Javascript and C++, with improvements to its technology, making it less vulnerable to hackers than Ethereum. The NEO’s goal is to become No. 1 blockchain project by 2020. Apart from the NEO cryptocurrency, NEO has one more crypto-token called GAS that is used to pay for transactions on the blockchain.
Just like how Ether is used on the Ethereum network, GAS is used on the NEO network.
By holding the NEO coin in your wallet, you earn GAS which can be used to make transactions on NEO’s blockchain.
Some of the key features of NEO are:
- Unlike most other cryptocurrencies, the NEO coin cannot be divided. So, you cannot make a transfer like 0.5 NEO or 0.11 NEO. NEO can be considered similar to the stocks of any company, which cannot be divided.
- it is allegedly in good graces of Chinese governments although there was never official support nor denouncement of NEO by the Chinese authorities.
- While Ethereum allows the programmers to code only in one language — Solidity, Neo allows developers to code smart contracts using C++, C#, Go, Java, and other common programming languages.
You can read more on NEO here. Also, if you own some NEO, here is a list of best wallets you can use to store those coins.
NEO is currently hovering around the spot 20 in the cryptocurrency market, ranks are tracked and measured by respective market cap of the coins. Price of NEO has suffered huge losses in 2018 and 2019, just like the whole market itself, although NEO recorded a nice surge in November, upon the news that Chinese government plans to support and invest in blockchain technology in the future.
Captainaltcoin’s NEO Price Prediction 2021
As the first quarter of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards both pre and post-halving rallies, with the BTC halving now only days away, expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading above $70k now, after it hit a new ATH of $73k in March. Ethereum has also grown following ETF approvals, with many anticipating ETH ETF approvals could be next. Ethereum is trading around $3,600 but still hasn\\\'t broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. Bitcoin ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.65 trillion.
NEO Price Prediction For The Next 90 Days
Below is a tabular overview of how will NEO develop in the short-term (for the next 90 days), according to our prediction model:
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Neo Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the early months of 2024, with Bitcoin leading the charge. The digital currency has seen an impressive gain, now trading well above $70,000, a significant increase that underscores the renewed institutional interest and positive momentum within the sector. The market has demonstrated growth, with its total market capitalization soaring to $2.65 trillion (it around $1 trillion in June last year).
This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, the anticipation surrounding the Bitcoin Halving event, now just days away, has further fueled investor enthusiasm, with many expecting it to have a positive impact on Bitcoin’s price. The growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies.
Looking ahead, the market is poised for what many experts believe could be a prosperous period. The potential approval of Ethereum ETFs later in the year is another eagerly awaited development, which could further validate the cryptocurrency market and attract a new wave of institutional investment.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
NEO Price Prediction 2025
Our prediction model sees NEO reaching $38.25 in 2025.
What will NEO be worth in 5 years?
The price of NEO in 5 years could lie around $34.77, according to CaptainAltcoin’s prediction model.
Neo Price Prediction 2030 – 2040
What Neo will be worth in 2030?
Our forecasting model sees Neo reaching $95.62 in 2030.
What Neo will be worth in 2040?
Our forecasting model sees Neo reaching $191.24 in 2040.
Will Neo replace / surpass / overtake Bitcoin?
No, Neo will not replace or overtake BTC.
Can Neo reach $100?
Yes, Neo could reach $100 by the end of 2025.
Is Neo worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Neo is worth buying.
Is Neo a good investment?
Neo is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Neo be worth?
For the short-term future, it could reach $11.25. In the long-term (8-10 years), it could jump to $95.62 or even higher.
Why will Neo succeed and go up in price?
Neo has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Neo rising up to $95.62 in 2030.
Why will Neo fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will Neo go?
Our forecasting model sees Neo price exploding and reaching $191.24 in a distant future.
What is the short-term prediction for Neo?
Neo will reach $11.25 in the next 90 days, which is a 39.4% change over the current price which hovers around $18.57.
Can Neo make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Neo millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Neo could make you a millionaire.
Neo Price Prediction Today - What will be the price of Neo tomorrow?
Neo will hover around $19.24 tomorrow.
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