In my previous post,i mentioned about the price fluctuations of NEO share. In this post,i wish to share my thoughts on NEO.
So,will NEO go to the moon?
Well,it depends on where your"moon" is.But as for me,i am very certain that NEO's price will surely soar in the near future to extraordinary prices.
With that said,allow me to share a few reasons on why i think Neo's price will soar!
Lets skip the boring points about NEO's technological and technical edge over other cryptocurrencies and get straight into the practical and significant reasons why NEO will rise.
Firstly,NEOGAS!
By holding NEO shares in your NEON wallet,you can actually generate NEOGAS as "dividend".In other words,you are able to profit purely from investing in NEO,just by selling off the dividends you receive.
As of today,NEO shares allow you to generate an actual 8% profit annually just on dividends.Of course,if the price of NEOGAS rises,the amount of dividend(in dollars) will rise too! By comparing with the general bank interest rates,i would say that putting your money in NEO shares will generate a much larger profit.As of now,i am not aware of many other cryptocurrencies that adopt a dividend model.Even if there is,i can certainly say that NEO is the strongest one with one of the best dividend rates.
Hence,in time to come,it will be irrefutable that people start noticing NEO and how they can actually safely profit from it.I am sure that NEO will gain much more recognition in time to come due to its attractiveness as an investment.
Secondly,I feel that NEO has a strong team.In particular,the leader,Da Hong Fei,whom is the co- founder of NEO.The leader,has so far shown great insights in his development of NEO as a platform.Also,he has the eloquence to communicate with his investors as well as answering impromptu questions posted to him on face to face conversations (as seen on live conferences and interviews).Besides that,Da always gives a sense of assurance to his investors.For instance,following the widespread ban of crypto exchanges in China,Da appeared to be cool and confident about NEO on his twitter post.Lastly,and most importantly,Da have great connections with the chinese officials and he knows exactly what he is doing and what the chinese officials are expecting.This,in turn,will encourage the Chinese authorities to support this project.
Hence,due to a capable and eloquent leader like Da Hong Fei,i am certain that NEO is in good hands.Such a leader potrays a prospective image for NEO which is intrumental in appealing to new investors in the crypto market.
Lastly,I feel that the NEO share plays an imperative role in spreading the "word of crypto"to the Asia region.NEO is just like the Ethereum of the East,but probably even slightly more attractive due to the dividends.Needless to say,the crypto world will revolutionize the current globe,which of course includes both East and West.Originated from China,NEO will become more and more significant in the Asia region.Eventually,Asia may take pride in NEO as the representation of cryptocurrency in the East.Personally,i feel that both Ethereum and NEO will act as strong supports and power houses for the functioning of the whole crypto-eco system.
In short,NEO will soon leave a mark on the globe,and rise as one of the major cryptocurrencies,which is indispensable to the cryptomarket.
To sum up,NEO is a very prospective coin that is totally undervalued at this point of time.With a strong team,a positive image,a great dividend system and its large room for further developments,it is definite to say NEO WILL MOON!
Above are my personal opinions on NEO shares.Do comment in the section below to share with me your ideas and opinions on NEO.I look forward to engaging in deeper discussions with members of the community! :)