It forecasts a maximum $80 by April 2022 (a year from when this article is published).įrom the above we see there’s some very chunky Neo price prediction differences and volatility to handle. estimates Neo could hit $68 (close to its current $67 price, April 2021) in May 2021 and $73 by December 2021. However this $203 price guesstimate falls back to $121 by May 2025 also thinks Neo could be worth $203 by May 2022, a doubling of what Walletinvestor thinks for the same time period. That future price rise estimate doubles again to more than $200 if the timeline is stretched to May 2025Įarlier this year claimed Neo could move as high as $122 by May 2021, potentially rallying to $165 by August 2021 Walletinvestor believes Neo could hit $87 by early May 2021 and $102 by May 2022, one year on. Trade now NEO price predictions: what other analysts think about Neo She adds “that the oscillators are among the most positive that I have been able to analyse in recent times, even when I put cryptocurrencies on the test bench with a more solid history and with more impressive growth”. In terms of moving price averages – the calculation made between a series of data or price points – Marchesoni says they’re “very positive” for Neo. Remember, the crypto asset market’s extreme first quarter 2021 surge makes it especially tough to predict Neo’s future price direction.Įloisa Marchesoni, co-founder of Blockchain Consulting, told Capital in a statement that the strong combination of Chinese nationals involved in supporting Neo “certainly plays in favour”. It depends what you read or who you listen to. There are other distinctions too – many Neo transactions are free, unlike Ethereum.īut while Neo is markedly different from Ethereum – from scaleability and tech to its philosophy – both support smart contracts and decentralised apps (or dApps), which sit on top of blockchain.
Neo, ranked number 25 by market cap at $4.54bn according to Coinmarket (mid April 2021) is also nippier, able to handle more transactions per second than Ethereum, loaded with a massive market cap of $268.11bn. It might sound geeky but being developer-friendly is quite a big deal. In contrast, Ethereum speaks only one coding language – Solidity – and programmers have to learn it from scratch. In that sense, Neo’s impressively multi-lingual. That’s because Neo developers create their smart contracts with programming languages such as Javascript, Python and Go. While Neo and Ethereum are major blockchains deploying self-executing code contracts – so-called ‘smart contracts’ – Neo is more flexible.
In contrast, rival Ethereum was selling at $174 in mid April 2020 but crested $2,300 by mid-April 2021 – a +1,220% price increase, in fact Ethereum saw a sizable price increase advantage in the last 12 months, putting it ahead of Neo – for the moment. So a +795% gain for Bitcoin versus Neo’s +840% Neo’s price rise trajectory is similar to Bitcoin, which went from $7,150 to $64,000 in this same period. How does Neo’s 12-month performance compare with Bitcoin and Ethereum? This coin, then, has a few tricks up its sleeve.
And Neo can also register physical assets via a digital identity. Secondly, Neo also pays out dividends to its owners, unlike Ethereum. Roll forward to mid-April 2021 and Neo’s current $67.70 valuation represents an +840% value increase. In mid-April 2020, Neo was trading at around $7.20. The evidence? First, Neo’s 12-month price performance has been as extreme – and as stellar – as Bitcoin, if not quite as out-of-this-world as Ethereum’s. Neo is touted as the ‘Chinese Ethereum’ but don’t think China’s first digital coin is just an Ethereum also-ran. Read more: Cosmos (ATOM) price prediction 2021-2025: is the outlook bullish?.
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