Furthermore, its massive cryptocurrency mining activities have depleted the nation’s electrical supply to the point that they are jeopardizing the country’s environmental goals. The government is concerned about cryptocurrency speculation’s financial concerns. This might enable it to survive and expand even in China, where government officials are becoming cautious of the bitcoin industry. NEO’s Onchain technology has been intended from the start to be regulator-friendly, with a centralized approach that is unlike that of other cryptocurrencies. Given China’s government’s limits on cryptocurrency transactions, NEO has the potential to become the cryptocurrency of choice in the severely restricted country, and maybe the whole world. Could Neo’s prospects really be so good? Let’s find out by this in-depth NEO price prediction. Today’s Neo price is $9.96, with a 24-hour trading volume of $51,643,017. Neo is down 1.30% in the last 24 hours. The current CoinMarketCap ranking is #64, with a live market cap of $702,904,246. It has a circulating supply of 70,538,831 NEO coins and a maximum supply of 100,000,000 NEO coins. With supporting details on the coin’s potential in this NEO price prediction, you might want to add the coin to your portfolio, Erik Zhang, one of the co-founders, is the inventor of the ‘ Delegated Byzantine Fault Tolerance‘ consensus mechanism, making NEO the first crypto to use this algorithm. Neo (NEO) might not be one of the biggest names in the business, but it’s reputedly China’s first open-source blockchain - and is often referred to as ‘the Chinese Ethereum’. This looks impressive considering the project’s long existence, although the usable amount of NEO is not specified (and some users may have more than one address). One successful start-up is NEO, open-source crypto with the extended functionality to develop smart contracts and decentralized applications (dApps).Īccording to NEOSCAN, there are 2,940,701 NEO addresses. On average, only one project out of ten becomes a complete working ecosystem, and only a few of those have an application to the problems of the modern world. The first recorded exchange rate in our base is $0.3700673, compared to today's NEO rate at this moment it is up by %2,320.35, an investment of $100 now would have been worth $2,420.35.In the crypto market, new projects appear every day. ![]() The Worst year in which the price declined from $75.96 to $5.48 is 2018. The Best year in which NEO value increased most was 2017 NEO value jumped from $0.145 to $82.10. We have coin market data from, the lowest rate was on Oct 2016, 5 years ago it worthed $0.082. Moreover, For some markets we offer depth, it is the amount that is available for trading at +/- 2% of the current NEO market price. * The Volume by Exchange is the total number of trades that took place for this coin. * NEO stock symbol is NEO, with this symbol it's traded on all cryptocurrency exchanges in our base. If another extended rally, it should test the next major resistance level at $12.14. NEO will need to avoid closing below the 7.83 level to make a move to the first major resistance level at $9.67. ![]() After rallying to the $9.16 level NEO was unable to sustain power. NEO price today opened at 9.06, at this moment NEO stock is down by -1.14% from the open. NEO All time high price is $175.44, it was 4 Years 7 Month Ago, For the previous 52 weeks, the lowest and highest value for NEO was $7.83 and $66.31. NEO raised $3.8 million in a crowdsale that started in Aug 2016, price for one NEO at ICO was $0.3304348. ![]() It has a circulating supply of 70.5 million NEO coins and is ranked #59, current NEO market cap is $631.8 million. ![]() The price is down by ( -2.66%) for the last 24 hours. NEO Price today is $8.96, for the last 24 hours 20,721,071 NEO's were exchanged with a trading volume of $185,596,994. NEO cryptocurrency, launched in February 2014, There are more than 29 crypto tokens built on top of it.
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