(This is not financial advice)
SideNote - I recently made an article highlighting key detail in which we may see some price action for NEO in 2018. I feel as if though I was being too conservative with my price predictions. After doing more research and charts analysis with similar projects growth, plus a handful of assessing what the product is actually capable of, my analysis of my last post wasn’t fair to the project. No I am not a fan boy nor a super optimist. Hope you enjoy my entry
After the huge run up from $30 in late 2017 to $197 in the beginning of 2018. $1000 by summer may actually be realistic as far as the growth we’ve seen in these volatile charts. What differs NEO from the rest? Let’s start out by saying the realistically NEO is the only project of its kind ready to tackle day to day real world issues.
Where is the adoption? Where is the mass movement? Why doesn’t the price mimic the potential if NEO is actually that good. These aren’t the right question we should be asking. My argument for this is that NEO is a sleeping giant. Tomorrow is the mass adoption in the block chain revolution. Currently and time will tell when all the bad currencies are weeded out of the bunch with I would say is over 98% of the currencies we already have invested in.
NEO DevCon is actually more important than you think. It’s the first foot in the door to get NEO on a world wide stage and many investors are ready to jump on the next “Cash Cow.” Mind you that (correct me if I am wrong) Ethereum was around 10$ a share when they had their DevCon and that summer pumped to around $400. I am almost sure that NEO will woo the the investor as the technology is far more advanced than Ethereums.
Lastly let’s look at project like Cardano that have 0 working product but still worth hovering in and out of $20 billion USD. All NEO has to be worth is $68 billion USD for it to reach 1000$ a share, which isn’t that much of a long shot. Currently I am writing this article and each share is around $130.02 a share.
The point of my article isn’t to persuade you into buying and making a ton of money. The point is that the long term will ALWAYS out way the short term and big influential investors always shoot for the long hall.
Price Predictions-
Summer 2018: $1000
Winter 2018: $1500
Cheers and happy holding
-asa
