About a month ago, the Neo blockchain underwent an upgrade called Neo CLI v3.3.0. But it remains unknown whether the network upgrade is enough to push the price up or get investors’ attention.
NEO is a blockchain project from China founded in 2014. Its cryptocurrency is also called the Chinese Ethereum because they are strongly committed to creating a smart economy and receiving huge Chinese government support.
Neo (NEO) might not be one of the biggest names in the business, but it’s reputedly China’s first open-source blockchain. It currently has 2,952,025 wallet addresses created.
Users have been waiting for the NEO 3.0 release since 2020. The launch was postponed several times. However, in March 2021, Neo started rolling out an N3 version of its public blockchain technology. NEO 3.0 will raise transaction speed from 1,000/second to 5,000/second and cut “gas fees” 100 times. Can it save NEO price?
The price of NEO is currently around $8.26. It has a market capitalization of $584,316,325 from a circulating supply of 70,538,831.00 NEO. NEO is down over 95% since reaching an all-time high of $196 in 2018.
#1 Wallet Investor Long-term growth is anticipated based on their prognosis for the NEO coin price prediction; the price target for 2027 is $129.502. The revenue is anticipated to be roughly +538.57% with a 5-year investment.
#2 Coin Switch Coin Switch forecast suggests that NEO tokens might reach a future price of $533 in 2025 if it maintains the growth rate since the past year.
#3 Trading Beast NEO is expected to reach $18.85 by the end of the year. The price is anticipated to reach $50 in 2025. The projected lowest price for 2025 is $36, and the expected highest price is $53.62, according to Trading Beasts.
2022 Neo’s price is anticipated to have a minimum price value of $12.36 in 2022, an average price of $12.86, and a high of $14.22. 2025 In 2025, the cost of 1 Neo is predicted to be at least $36.51. With an average price of $37.57 in 2025, the NEO price can go as high as $44.05. 2030 Neo is predicted to reach a minimum of $219.00 in 2030, an average price of $227.29, and a high of $277.37.
Very likely. According to forecasts, from an average trading price of $12.86, the NEO price may reach a maximum of $14.22.
Neo is expected to trade at a $12.36 minimum price in 2022. With an average forecast price of $12.86, the NEO price may go as high as $14.22. The minimum forecasted NEO price is $17.28 in 2023. With an average price of $17.80 during 2023, the Neo price can go as high as $21.46.
Please take these price predictions as suggestions of some market experts/analysts. Prediction with tools may not turn out perfect due to the unpredictability of certain factors such as public sentiment and market conditions.