Flamingo Finance (FLM), a DeFi project is being built on the Neo blockchain. The launch of the project is scheduled for Sept 23rd, it is aimed at bringing interoperability between blockchain networks and their corresponding assets. The white paper released describes the five major components of flamingo which includes Wrapper - a cross-chain asset gateway, Swap - on-chain liquidity provider, Vault - asset manager, Perp - an AMM based trading platform and a decentralised governance mechanism called DAO.

Neo has integrated with Rossetta, a platform that simplifies communication between blockchains. Neo itself also promotes interoperability and with this collaboration, they aim to simplify the extensive process of deploying nodes and developing strategies to integrate other blockchains. As it is fairly easy to integrate a blockchain adhering to Rossetta's framework as the know-how of it is roughly understood by companies.

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NEO has basically been designed to digitize the various assets and ensures that the transactions are done with the help of smart contracts. Since NEO's formation, the blockchain has seen a considerable amount of traction among the users. NEO was China’s first digital coin and also a direct competitor of Ethereum, hence often referred to as the “Chinese Ethereum”. Like Ethereum, the NEO is much more than just a digital currency, and this factor has a significant impact on NEO price predictions.

NEO price for today is 21.69 USD. Its current circulating supply is 70,538,831 NEO with a market cap of $1,530,274,029. In the last 24 hours, NEO has increased by around 0.38%.

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What is Neo (NEO)?

NEO is a blockchain platform for the advancement of digital assets and smart contracts. Smart contracts are the next big thing that can be applied to many real-life situations and businesses. It was rebranded from AntShares to NEO in June 2017, which proves that NEO is predominantly a new coin, which geared up like a storm to be able to secure the spot in the top 20 cryptocurrencies in the world.

One feature of NEO is that it cannot be divided. So, you can't make a transfer like 0.5 NEO or 0.11 NEO. It can be considered similar to the stocks of any company, which cannot be divided. But by holding this crypto, you’ll be able to hold another cryptocurrency- GAS, which can be divisible up to 0.00000001. NEO can be bought and sold on a variety of crypto exchanges, which provides it with increased credibility in the eyes of the commoner and makes it an option for a large number of people looking to start getting in cryptocurrency whereabouts.

NEO is surging to be bullish, which states that it might touch the highest touchdown in this month. NEO has been great in not losing its positive stance, and that pushes it to move upwards dramatically.

Market prediction for NEO price

NEO, because of its potential, makes a good option for a long-term investment than most other cryptocurrencies, and NEO price predictions can be quite difficult. Although it is also facing a number of headwinds, this year could be very positive for NEO. Let’s get a glimpse of the future of NEO by looking out the predictions given by the crypto traders or publications:

#1 Being Crypto

Being Crypto predicts that NEO might reach $120 by 2020 end, 200 USD by 2020 and in five years might go up as much as $450. Their confidence in the prediction shows that NEO has the potential to surpass other coins by their developments.

#2 Wallet Investor

Wallet Investor is a renowned crypto prediction website, which has forecasted that by the end of 2020, NEO might reach 30.381 USD. They have even given a 5-year forecast, where they believe NEO might reach $103.70 in 5 years time frame.

#3 Long Forecast

As per Long Forecast prediction, they believe that the price of NEO might depreciate in 2020 and might fall to around $9. But, 2021 holds positive and they predicted that NEO might reach as high as $21 by the end of 2020.

#4 Crypto Ground

According to Crypto Ground, NEO might go up to $195.352 in a period of 5 years, which will be an increase of around 40X, X being the current price.

#5 Coin Fan

CoinFan believes that by 2020, NEO might hit $200 at the maximum and by 2021, it might go up as much as $783. This looks like an optimistic bullish prediction by Coin Fan.

Our Verdict on NEO price prediction

The futuristic concerns primarily drive NEO’s developers, as they are focused on making NEO the foundation for an economy of the future. They are very proactive in reaching their goals as they’ve even abandoned the traditional proof-of-work and proof-of-stake validation algorithms for a delegated Byzantine fault tolerance algorithm, that is optimized to reduce the vulnerability of the network to bad actors while increasing its scalability in terms of transaction speed. These developments make NEO one of the most sought-after cryptocurrencies. According to NEO price prediction of 2020, it might plunge upwards to reach the $274 mark by the end of 2020.

Read more: Top NEO Wallets

NEO price prediction 2020

NEO might officially get the Chinese government on board on the whole blockchain bandwagon and capture most of the Asian market by 2020, which will not only increase the adoption rate, but also the use cases. It is planning to work on its trading features and support cross-chain trading in its exchange platform. Da Hongfei and Erik Zhang- NEO founders are working towards making NEO the most developer-friendly through NEO 3.0, optimize its fundamental architecture and ensure the current development of NEO is not slowed down. They are even planning on introducing NeoFS which will provide NEO with the ability to store massive amounts of data. This will help in designing a stable and powerful smart contract system by providing a complete development environment and tools which include providing financial and technical support for projects in the ecosystem. By the end of 2020, NEO might be one of the top 10 or rather 5 cryptocurrencies in the world.NEO is predicted to reach $274.8 by the end of 2020.

NEO price prediction 2023

Considering the scalability of the platform and its potential, it is a good opportunity for the investors to invest in this cryptocurrency. Even Considering the fact that it is also starting to garner the attention of the institutional investors, the potential is sure to raise more and more. By 2023, NEO is going to be one of the most widely used cryptocurrency and might reach as high as $437 USD by the end of 2023.

NEO price prediction 2025

As per NEO price prediction 2025, NEO might reach $533, which might become one of the biggest stepping stone for NEO. NEO might even move up the ranking order, gain good deals and partnerships with the biggest organizations in the world. NEO has always proved its uniqueness, which helped the NEO fans to stick by, even when it is not doing well. This proves that NEO might prove to be a game-changer in the days to come. By 2025, Neo might reach $533.

NEO price prediction 2030

NEO price would shoot high in 2030, as the NEO community might have grown manifold, increasing its users and adoption ratio. NEO is having great potential, to be one of the top 10 cryptocurrencies by 2030. By then, the NEO price would also hit a new high. But if the market volatility takes a turn, NEO might suffer minor losses, and the value might reach $400.

Frequently Asked Questions (FAQs)

1. Will Neo price go up?

Neo price is expected to go up and reach around $200 by the end of 2020.

2. Can Neo reach $1000?

Neo can reach $1000, but not anytime soon.

3. Is Neo a good investment?

Neo is one of the top-performing crypto assets undoubtedly, but when you decide on investing, go through thorough research.

4. Does Neo have a future?

With such a great community of users and developers, Neo is going to grow manifold in the future.

5. Is Neo undervalued?

Neo is comparatively new to the crypto space, as compared to Bitcoin and Ethereum. So, you can't compare it with theirs.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!

Buy Cryptocurrencies in India

Neo has integrated with Rossetta, a platform that simplifies communication between blockchains. Neo itself also promotes interoperability and with this collaboration, they aim to simplify the extensive process of deploying nodes and developing strategies to integrate other blockchains. As it is fairly easy to integrate a blockchain adhering to Rossetta's framework as the know-how of it is roughly understood by companies.

Neo Global Development has announced the formation of Poly Network. It is a protocol alliance that will facilitate cross-chain transactions among participating blockchains without requiring to issue a new token. Initial collaborations on the project include Neo, Ontology and Switcheo with minimal overhead for integration. Poly Network is built to function with any blockchain implementation.

Click here to buy NEO at best rates from CoinSwitch

NEO has basically been designed to digitize the various assets and ensures that the transactions are done with the help of smart contracts. Since NEO's formation, the blockchain has seen a considerable amount of traction among the users. NEO was China’s first digital coin and also a direct competitor of Ethereum, hence often referred to as the “Chinese Ethereum”. Like Ethereum, the NEO is much more than just a digital currency, and this factor has a significant impact on NEO price predictions.

NEO price for today is 20.75 USD. Its current circulating supply is 70,538,831 NEO with a market cap of $ 1,463,336,500. In the last 24 hours, NEO has decreased by around 1.89%.

Visit CoinSwitch exchange to buy NEO at best rate

What is Neo (NEO)?

NEO is a blockchain platform for the advancement of digital assets and smart contracts. Smart contracts are the next big thing that can be applied to many real-life situations and businesses. It was rebranded from AntShares to NEO in June 2017, which proves that NEO is predominantly a new coin, which geared up like a storm to be able to secure the spot in the top 20 cryptocurrencies in the world.

One feature of NEO is that it cannot be divided. So, you can't make a transfer like 0.5 NEO or 0.11 NEO. It can be considered similar to the stocks of any company, which cannot be divided. But by holding this crypto, you’ll be able to hold another cryptocurrency- GAS, which can be divisible up to 0.00000001. NEO can be bought and sold on a variety of crypto exchanges, which provides it with increased credibility in the eyes of the commoner and makes it an option for a large number of people looking to start getting in cryptocurrency whereabouts.

NEO is surging to be bullish, which states that it might touch the highest touchdown in this month. NEO has been great in not losing its positive stance, and that pushes it to move upwards dramatically.

Market prediction for NEO price

NEO, because of its potential, makes a good option for a long-term investment than most other cryptocurrencies, and NEO price predictions can be quite difficult. Although it is also facing a number of headwinds, this year could be very positive for NEO. Let’s get a glimpse of the future of NEO by looking out the predictions given by the crypto traders or publications:

#1 Being Crypto

Being Crypto predicts that NEO might reach $120 by 2020 end, 200 USD by 2020 and in five years might go up as much as $450. Their confidence in the prediction shows that NEO has the potential to surpass other coins by their developments.

#2 Wallet Investor

Wallet Investor is a renowned crypto prediction website, which has forecasted that by the end of 2020, NEO might reach 30.381 USD. They have even given a 5-year forecast, where they believe NEO might reach $103.70 in 5 years time frame.

#3 Long Forecast

As per Long Forecast prediction, they believe that the price of NEO might depreciate in 2020 and might fall to around $9. But, 2021 holds positive and they predicted that NEO might reach as high as $21 by the end of 2020.

#4 Crypto Ground

According to Crypto Ground, NEO might go up to $195.352 in a period of 5 years, which will be an increase of around 40X, X being the current price.

#5 Coin Fan

CoinFan believes that by 2020, NEO might hit $200 at the maximum and by 2021, it might go up as much as $783. This looks like an optimistic bullish prediction by Coin Fan.

Our Verdict on NEO price prediction

The futuristic concerns primarily drive NEO’s developers, as they are focused on making NEO the foundation for an economy of the future. They are very proactive in reaching their goals as they’ve even abandoned the traditional proof-of-work and proof-of-stake validation algorithms for a delegated Byzantine fault tolerance algorithm, that is optimized to reduce the vulnerability of the network to bad actors while increasing its scalability in terms of transaction speed. These developments make NEO one of the most sought-after cryptocurrencies. According to NEO price prediction of 2020, it might plunge upwards to reach the $274 mark by the end of 2020.

Read more: Top NEO Wallets

NEO price prediction 2020

NEO might officially get the Chinese government on board on the whole blockchain bandwagon and capture most of the Asian market by 2020, which will not only increase the adoption rate, but also the use cases. It is planning to work on its trading features and support cross-chain trading in its exchange platform. Da Hongfei and Erik Zhang- NEO founders are working towards making NEO the most developer-friendly through NEO 3.0, optimize its fundamental architecture and ensure the current development of NEO is not slowed down. They are even planning on introducing NeoFS which will provide NEO with the ability to store massive amounts of data. This will help in designing a stable and powerful smart contract system by providing a complete development environment and tools which include providing financial and technical support for projects in the ecosystem. By the end of 2020, NEO might be one of the top 10 or rather 5 cryptocurrencies in the world.NEO is predicted to reach $274.8 by the end of 2020.

NEO price prediction 2023

Considering the scalability of the platform and its potential, it is a good opportunity for the investors to invest in this cryptocurrency. Even Considering the fact that it is also starting to garner the attention of the institutional investors, the potential is sure to raise more and more. By 2023, NEO is going to be one of the most widely used cryptocurrency and might reach as high as $437 USD by the end of 2023.

NEO price prediction 2025

As per NEO price prediction 2025, NEO might reach $533, which might become one of the biggest stepping stone for NEO. NEO might even move up the ranking order, gain good deals and partnerships with the biggest organizations in the world. NEO has always proved its uniqueness, which helped the NEO fans to stick by, even when it is not doing well. This proves that NEO might prove to be a game-changer in the days to come. By 2025, Neo might reach $533.

NEO price prediction 2030

NEO price would shoot high in 2030, as the NEO community might have grown manifold, increasing its users and adoption ratio. NEO is having great potential, to be one of the top 10 cryptocurrencies by 2030. By then, the NEO price would also hit a new high. But if the market volatility takes a turn, NEO might suffer minor losses, and the value might reach $400.

Frequently Asked Questions (FAQs)

1. Will Neo price go up?

Neo price is expected to go up and reach around $200 by the end of 2020.

2. Can Neo reach $1000?

Neo can reach $1000, but not anytime soon.

3. Is Neo a good investment?

Neo is one of the top-performing crypto assets undoubtedly, but when you decide on investing, go through thorough research.

4. Does Neo have a future?

With such a great community of users and developers, Neo is going to grow manifold in the future.

5. Is Neo undervalued?

Neo is comparatively new to the crypto space, as compared to Bitcoin and Ethereum. So, you can't compare it with theirs.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!

Buy Cryptocurrencies in India

*This price prediction is based on the data collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.