In this guide, we will express our and the market’s opinion on the future NEO as we discuss Neo price forecasts for 2022 and beyond.
Keep in mind that you should take this and any other prediction with a pinch of salt since predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like Neo.
Now, let’s get into it.
Before we delve into Neo’s price forecast and answer questions about whether NEO is a good investment or not, why NEO will succeed or fail, or why Neo’s price will rise or fall, let’s quickly take a look at what NEO is and its history to date.
Table of Contents:
NEO Introduction
NEO is a new generation of blockchain, a smart economy platform that has had a monumental rise to fame and most know NEO for its explosive growth. You’ve probably heard a shabby phrase describing NEO as “Chinese Ethereum,” pointing out the similarities between the two platforms, primarily their ability to create, execute, and store smart contract code and decentralized apps or dApps.
NEO is a blockchain and cryptocurrency platform, designed to digitize assets using smart contracts, with the aim of bringing blockchain to the masses. NEO essentially plans to recreate the real-world economy into a digital and smart economy where all assets are now digital assets that you can easily move, transfer, divide into small pieces etc.
It supports common programming languages such as Javascript and C++, with improvements to its technology, making it less vulnerable to hackers than Ethereum. Neo’s goal is to become the #1 blockchain project by 2020. In addition to the NEO cryptocurrency, NEO has another crypto-token called GAS that is used to pay for transactions on the blockchain.
Just as 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 that can be used to make transactions on the NEO blockchain.
Some of the main 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 shares of any company, which cannot be divided.
- it is supposedly in good grace of the Chinese governments, although there has never been official support or denunciation of NEO by the Chinese authorities.
- While Ethereum allows 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 about NEO here. Also, if you own a bit of NEO, here is a list of the best wallets you can use to store those coins.
NEO is currently hovering around the 20 spot in the cryptocurrency market, the ranks are tracked and measured by the respective market capitalization of the coins. Price of NEO suffered huge losses in 2018 and 2019, just like the entire market itself, although NEO experienced a nice surge in November, at the news that the Chinese government plans to support and invest in blockchain technology in the future.
NEO price forecast
The entire world of cryptocurrencies is on the verge of a real bear market. Bitcoin has tumbled 50% from its all-time high among the broadest market declines impacted by furious inflation and US Fed rate hikes.
Investors sell risky assets and move into more stable markets. Crypto is still perceived as a very risky game and therefore the sell off.
Our algo still sees some greenery in 2022, especially in the second half of the year. This is reflected in our forecasts for 2022.
Right now, Bitcoin needs to find a local fund before we can move in the opposite direction and reverse the trend.
Once Bitcoin stabilizes in the new price range, altcoins will start doing the same – we’ve witnessed this scenario dozens of times in distant and more recent history.
Our price forecast model is bearish for the next 90 days with a hint of a bull market straddling the Q1 to Q2 quarters. We expect whales and other larger players in the market to finish filling their bags during that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential and some other proprietary factors developed in our crypto lab.
Neo Price Forecast 2022
Most experts agree that this bear market will last at least for the first quarter of 2022 before seeing some stabilization and small trend reversals.
NEO Price Forecast 2025
Our forecasting model sees NEO reach $18.52 in 2025.
Neo Price Forecast 2030 – 2040
How much will Neo be worth in 2030?
Our forecast model sees Neo reach $46.30 in 2030.
How much will Neo be worth in 2040?
Our forecast model sees Neo reach $92.61 in 2040.
Will Neo replace/surpass/surpass Bitcoin?
No, Neo will not replace or surpass BTC.
Can Neo reach $100?
Yes, Neo could reach $100 by the end of 2025.
Is it worth buying Neo?
We are supporters of moderately risky investments: you invest most of your crypto portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, it is worth buying Neo.
Is Neo a good investment?
Neo is, just like all other cryptocurrencies, a risky investment. It has a higher chance of going up than going down because of the good use case, the well-designed tokenomics, the active community, and a solid team behind it.
How much will Neo be worth?
For the short-term future, it could reach $5.03. In the long run (8-10 years), it could jump to $46.30 or even more.
Why will Neo succeed and go up in price?
Neo has a good use case, well-designed tokenomics, an active community, and a solid team behind it. All of these are a prerequisite for success and that’s why our forecast model sees Neo rise to $46.30 in 2030.
Why will Neo fail and drop in price?
Crypto projects fail for various reasons. Some of the most common are: the 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 a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity envisaged on the protocol, failed to attract new developers to build on their platform.
How high will Neo go?
Our forecasting model sees the price of Neo explode and reach $92.61 in the distant future.
What is the short-term forecast for Neo?
Neo will reach $5.03 over the next 90 days, which is a 43% change from the current price that hovers around $8.82.
Can Neo make you a millionaire?
Yes, if you buy a fairly large sum. Don’t expect to invest $100 and become a new millionaire. But 100x price explosions are a common show 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 $8.99 tomorrow.
