NEO Coin Price Prediction for 2020 and beyond 

let’s have a look at the long-term NEO coin price prediction made by longforecast.com. This is another Crypto website that provides short-term to long-term price predictions for cryptocurrencies.

According to longforecast.com, the NEO coin Price will be in the range of $284-328 during May 2020 and will go up to $438-504 by December 2020.

NEO Coin Price Prediction for 2020 and beyond


The NEO price prediction looks quite good here, predicting that an investment of $100 today could return around $600 in 2020.

NEO Coin Price Prediction 2020: Based On Technology and Market Trends
According to cryptoupdates.net, NEO Coin can touch $900 or more by 2020. They have based their prediction on the fact that they would be able to capture the Chinese and most of the Asian market.

While the prediction seems to be on the higher side, we have all seen how tremendously cryptocurrencies have performed in the past.

It would say that the long-term future Price also looks promising for the NEO coin. So, is NEO a good investment?

Is NEO a Good Investment?

As we have seen past, the NEO coin has provided great investment returns in the past. Along with previous trading performance, a crucial factor that pushes a cryptocurrency to success is strong fundamentals, and NEO Coin has plenty.

We need to measure the price pattern of NEO’s performance on factors such as technology, the team, market acceptance, etc. There are many aspects of NEO which may make it even more successful.

Let’s have a look at them:

Support from the Chinese Government


China's government has been against cryptocurrencies and initial coin offerings (ICOs). China's comments about planning to ban cryptocurrency mining led to a crash in market prices.

However, Neo is one of their own cryptocurrencies and they have treated it favorably. Not only that, but it is also being used by many major businesses in the nation such as Alibaba and Microsoft China.

Considering the large size of the Chinese Crypto market and the impact China has on the overall economy, this factor could provide a major boost for NEO.

1 Comments

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