NEO is grossly undervalued, and can easily be over $100 by the end of this year for the following reasons:
- City of Zion has become actively engaged in making NEO the best blockchain platform for decentralized applications;
- China's ICO crackdowns have depressed all digital currencies including bitcoin, ethereum, and NEO. NEO is severely depressed (from over $50 to currently $20s) due to its origin from China with heavy Chinese selling despite its differences from other garbage Chinese peer coins;
- As Chinese gov't cracks down on ICOs and garbage coins, survivors such as bitcoin, and NEO will take up the deserted market;
- NEO's China team is actively engaging with ICO issuers from other countries and talking with other major exchanges to trade NEO (including NEO's recent inclusion to Bitfinex exchange); and
- NEO pays investors with GAS (a tradeable currency) for merely holding NEO, and no mining is needed whatsoever.