The NEO cryptocurrency was launched in 2014 and is known as one of the first blockchain platforms in China, focused on creating smart contracts and digital assets. Technological innovations, including scalability support and compatibility with various programming languages, enable NEO to maintain its niche among popular crypto assets. NEO successfully adapts to a rapidly changing market, focusing on ecosystem updates and expanding partnerships.
However, the future of this coin depends on market demand, global regulations, and competition with other blockchain projects. This article explores NEO’s prospects, taking into account its current achievements and expert opinions.
The article covers the following subjects:
Major Takeaways
- The current NEO price as of 31.12.2024 is $13.55.
- NEO’s maximum price was reached on 2018-01-15 at $198.6. The historical minimum was recorded on 2020-03-13 at $3.947.
- Experts anticipate the NEO price to reach $55.50 and $721.53 by 2025 and 2030, respectively.
- In 2027, analysts expect the asset price to range from $16.00 to $160.00.
- The Chinese government’s approval bolsters the development of the NEO ecosystem.
- The community actively supports NEO, which is reflected in positive sentiment and plans for integration into major DeFi and dApps projects.
- Upcoming events, such as the 10th anniversary of NEO Blockchain, attract investors and increase interest in the coin.
- NEOUSD: this week, the NEOUSD pair may decrease within the impulse wave to the low of 12.40. Therefore, sell NEO at the current level, taking profits at 12.40.
NEO Market Status in Real-Time
The current NEO price as of 31.12.2024 is $13.55.
For an effective analysis and understanding of the current NEO market conditions, it is recommended to monitor its key indicators:
- Market capitalization: The total value of all circulating NEO coins, reflecting market share and liquidity.
- Circulating supply: The number of NEO coins in circulation. It impacts asset availability.
- Trading volume (24h): The total value of transactions over the past day, indicating market activity.
- Price change over the year: Helps analyze long-term trends.
The data are valid as of 08.12.2024
Indicator | Value |
---|---|
Market capitalization | $1.46 billion |
24-Hour trading volume | $60.14 million |
Volume/market cap ratio | 4.23% |
All-time high | $198.6 |
Price change over year | +71.54% |
Circulating supply | 70.53 million |
Maximum supply | 100 million |
Weekly Elliott Wave NEO Analysis as of 30.12.2024
In the long term, the NEOUSD pair continues to form a bearish correction as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. The motive wave [Y] ended as a zigzag (A)-(B)-(C). The correction [X] has concluded as a flat pattern (A)-(B)-(C). The initial part of the wave Z is unfolding on the last section of the chart. Let’s analyze the chart markup on the lower time frame.
The wave (A), the first part of the new wave Z, is forming as a standard impulse wave 1-2-3-4-5. The wave Z may become a zigzag (A)-(B)-(C). The final wave 5 may end in the form of an impulse [1]-[2]-[3]-[4]-[5] of a smaller degree near the low of 12.40, marked by the sub-wave [3].
Weekly NEOUSD Trading Plan:
Sell 14.02, TP 12.40
NEOUSD wave analysis is presented by an independent analyst, Roman Onegin.
Technical Analysis and Outlook for NEO Price in 2025
NEO is trading up. The MACD indicator confirms bullish strength: the lines are in the positive area, indicating possible growth continuation. Nevertheless, MACD also signals a potential decline, so remain cautious in trading.
The Altcoin Season Index from Blockchaincenter shows that altcoins were in the Altcoin Season area (outperforming Bitcoin) for only six days in the current cycle, much less than 88 days of the previous bull run. This may mean that altcoins have not fully exhausted their potential and may continue growing.
Price Prediction for Twelve Months:
- Short-term forecast (December 2024 — February 2025). The price may remain within the $22–$25 range and break the $27 level amid increased trading volumes and positive market news.
- Medium-term forecast (March — June 2025). If an uptrend continues and investor interest in altcoins develops further, NEO/USD may grow to $30–$40.
- Long-term forecast (July — December 2025). The price may hit $60–$70 if the cryptocurrency market continues trending up.
Month | Minimum | Maximum |
---|---|---|
December 2024 | 15.00 | 22.00 |
January 2025 | 16.50 | 23.50 |
February 2025 | 18.00 | 24.50 |
March 2025 | 19.00 | 26.00 |
April 2025 | 25.00 | 35.00 |
May 2025 | 30.00 | 40.00 |
June 2025 | 35.00 | 45.00 |
July 2025 | 40.00 | 50.00 |
August 2025 | 45.00 | 55.00 |
September 2025 | 48.00 | 58.00 |
October 2025 | 50.00 | 60.00 |
November 2025 | 53.00 | 65.00 |
December 2025 | 55.00 | 70.00 |
Altcoins’ outlook depends on the evolution of Bitcoin’s rate, which remains the main driver of the crypto market. Traders should consider their financial capacities and be prepared for increased risks.
Long-Term Trading Plan for NEOUSD for 2025
- Going short. Open a short position at $22 and wait for a correction. Set a Take Profit at the key support of $14. Place a Stop Loss slightly above $23 to reduce risks.
- Switching to longs. After reaching $14, open a long position, expecting a trend reversal. Set a Take Profit at $42: the coin is expected to grow threefold, which is typical of cryptocurrencies during bullish cycles.
- Additional entry points. If the price drops to $11—a solid support level— build up your position. Continue doing so in case of a further decline to $8.65 (a less likely scenario).
Fundamental factors:
In the long term, crypto prices may rise significantly due to the loyal policy of the new US administration towards the crypto industry. Such a scenario increases the likelihood of reaching the target levels.
Expert Predictions for NEO Price in 2025
This section presents expert forecasts for NEO’s price in 2025. Most analysts expect increased volatility.
Changelly
Price range: $10.84 – $23.25 (estimated as of 10.12.2024).
Analysts expect that in 2025, NEO’s price will reach its lowest in December, while the highest value is expected in January. An overall downtrend is anticipated.
Month | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
January 2025 | 20.23 | 21.74 | 23.25 |
February 2025 | 19.37 | 21.28 | 23.18 |
March 2025 | 18.52 | 20.82 | 23.11 |
April 2025 | 17.67 | 20.36 | 23.04 |
May 2025 | 16.81 | 19.90 | 22.97 |
June 2025 | 15.96 | 19.44 | 22.91 |
July 2025 | 15.11 | 18.97 | 22.84 |
August 2025 | 14.25 | 18.51 | 22.77 |
September 2025 | 13.40 | 18.05 | 22.70 |
October 2025 | 12.55 | 17.59 | 22.63 |
November 2025 | 11.69 | 17.13 | 22.56 |
December 2025 | 10.84 | 16.67 | 22.49 |
CoinCodex
Price range: $21.28 – $55.50 (estimated as of 10.12.2024).
Analysts predict the most solid growth will be registered in April 2025, up to $55.50. By year-end, the coin’s rate may plunge to $21.28.
Month | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
January 2025 | 21.91 | 26.29 | 31.49 |
February 2025 | 26.97 | 28.17 | 29.48 |
March 2025 | 29.57 | 39.10 | 54.18 |
April 2025 | 29.86 | 44.50 | 55.50 |
May 2025 | 24.77 | 30.40 | 34.87 |
June 2025 | 23.17 | 25.38 | 26.88 |
July 2025 | 25.48 | 30.57 | 34.03 |
August 2025 | 27.83 | 31.48 | 35.75 |
September 2025 | 26.94 | 28.97 | 30.40 |
October 2025 | 27.78 | 29.41 | 31.64 |
November 2025 | 22.83 | 24.77 | 27.82 |
December 2025 | 21.28 | 22.94 | 24.35 |
The Coin Republic
Price range: $11.64 – $22.46 (estimated as of 10.12.2024).
According to The Coin Republic, NEO will trade in a tight range in 2025, but the price will gradually rise to $22.46. The price will depend on regulatory actions and geopolitical developments.
Month | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
January 2025 | 11.648 | 14 | 17.472 |
February 2025 | 11.648 | 14 | 17.472 |
March 2025 | 12.480 | 15 | 18.720 |
April 2025 | 12.480 | 15 | 18.720 |
May 2025 | 12.480 | 15 | 18.720 |
June 2025 | 13.312 | 16 | 19.968 |
July 2025 | 13.312 | 16 | 19.968 |
August 2025 | 13.312 | 16 | 19.968 |
September 2025 | 14.144 | 17 | 21.216 |
October 2025 | 14.144 | 17 | 21.216 |
November 2025 | 14.144 | 17 | 21.216 |
December 2025 | 14.976 | 18 | 22.464 |
Analysts’ NEO Price Projections for 2026
Let’s look at expert forecasts for the NEO rate in 2026. Most analysts expect a bullish trend.
DigitalCoin Price
Price range: $62.89 – $77.46 (estimated as of 10.12.2024).
According to DigitalCoin Price, NEO will open the year at a low of $62.89, while the highest value may reach $77.46. A significant increase is expected.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2026 | 62.89 | 72.66 | 77.46 |
CryptoPolitan
Price range: $28.67 – $33.77 (estimated as of 10.12.2024).
Analysts at Cryptopolitan suggest that the NEO price may hit a high of $33.77 in 2026. The lowest price expected is $28. 67. These values indicate the coin’s stable position unless the current market conditions change.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2026 | 28.67 | 29.49 | 33.77 |
CryptoNewsz
Price range: $23.22 – $33.43 (estimated as of 10.12.2024).
CryptoNewsz anticipates steady growth of the NEOUSD rate.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2026 | 23.22 | 28.32 | 33.43 |
Analysts’ NEO Price Projections for 2027
Most experts believe the token will reach its new all-time high in 2027.
ICOListingOnline
Price range: $90 – $160 (estimated as of 10.12.2024).
Analysts at ICOListingOnline expect NEO to strengthen its market position in 2027 as the blockchain industry develops. Strategic partnerships and further development may send the price to a high of $160.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2027 | 90 | 125 | 160 |
CoinEdition
Price range: $16.00 – $18.50 (estimated as of 10.12.2024).
CoinEdition anticipates that NEO will continue growing due to its use in DeFi and dApps. This forecast relies on the broad adoption of the NEO technology and its growing demand.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2027 | 16.00 | 17.25 | 18.50 |
DigitalCoin Price
Price range: $82.25 – $98.27 (estimated as of 10.12.2024).
DigitalCoin Price projects NEO to reach new highs in 2027 amid favorable market conditions and high demand for this coin.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2027 | 82.25 | 91.28 | 98.27 |
Analysts’ NEO Price Projections for 2028
Let’s take a look at expert forecasts for NEO for 2028. Analysts have assessed possible scenarios for the development of the NEO cryptocurrency based on its current market dynamics, technological updates, and general trends in the blockchain industry.
Coin Edition
Price range: $18.00 – $20.00 (estimated as of 10.12.2024).
Coin Edition predicts that the price of NEO in 2028 will range between $18.00 and $20.00, supported by the growth of its ecosystem and technological advancements. By that time, the blockchain sector is expected to mature, and NEO is anticipated to play a significant role in shaping the industry’s future, particularly in areas like DeFi and decentralized governance.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2028 | 18.00 | 19.00 | 20.00 |
Crypto.ro
Price range: $339.64 – $374.92 (estimated as of 10.12.2024).
Crypto.ro foresees a significant increase in NEO’s value. However, they predict a consolidation phase in 2028, which might be followed by further impulsive growth.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2028 | $339.64 | $355.72 | $374.92 |
CryptoNewsz
Price range: $35.35 – $50.89 (estimated as of 10.12.2024).
According to CryptoNewsz, NEO’s price could rise substantially in 2028, driven by the steady development of its ecosystem and broader adoption of the NEO token.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2028 | 35.35 | 43.13 | 50.89 |
NEO Price Projections for 2029
For 2029, experts hold mixed opinions. Some expect a consolidation phase, while others predict continued NEO price growth.
Coin Edition
Price range: $20.00 – $23.00 (estimated as of 10.12.2024).
Coin Edition forecasts that NEO will trade between $20.00 and $23.00 in 2029. By then, NEO could become a key player in the decentralized ecosystem, thanks to the development of dApps, smart contracts, and token governance models.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2029 | 20.00 | 21.50 | 23.00 |
CoinCodex
Price range: $24.49 – $130.41 (estimated as of 10.12.2024).
CoinCodex forecasts a significant increase in the NEO price by 2029. The coin is expected to top $130.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2029 | 24.49 | 77.45 | 130.41 |
DigitalCoin Price
Price range: $100.06 – $115.07 (estimated as of 10.12.2024).
DigitalCoin Price anticipates stable growth for NEO. They predict a 40% price increase from 2028’s highs by 2029, reflecting a moderately optimistic outlook.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2029 | 100.06 | 107.56 | 115.07 |
Analysts’ NEO Price Projections for 2030
Let’s take a look at expert forecasts for the NEO rate in 2030. Most analysts project continued growth.
CoinEdition
Price range: $23.00 – $30.00 (estimated as of 10.12.2024).
According to Coin Edition, NEO’s value will grow, supported by the global adoption of blockchain technology and the expansion of NEO’s applications in DeFi and smart contracts. Integration with real-world businesses will further boost demand for the token.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2030 | 23.00 | 26.50 | 30.00 |
Changelly
Price range: $71.61 – $118.22 (estimated as of 10.12.2024).
Based on technical analysis, experts expect steady growth for NEO. By 2030, its price is projected to increase by approximately 40% compared to the 2029 highs. This prediction is based on the expansion of NEO’s ecosystem, rising interest in decentralized applications (dApps), and the implementation of innovative blockchain solutions.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2030 | 71.61 | 94.91 | 118.22 |
Crypto.ro
Price range for 2030: $617.42 – $721.53 (estimated as of 10.12.2024).
Crypto.ro predicts that by 2030, NEO will strengthen its market position and become a more in-demand tool in the decentralized applications and smart contracts sector.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2030 | 617.42 | 658.89 | 721.53 |
Analysts’ NEO Price Projections up to 2050
Long-term forecasts are approximate and depend on various factors, including technological advancements, regulatory changes, and general market conditions. Actual outcomes may differ significantly from these predictions.
ICOListingOnline
By 2035, NEO’s price may rise significantly due to technological innovations and a broader dApps and smart contracts ecosystem. It is expected to range from $300 to $500.
In 2040, NEO’s integration into the global digital economy could push its price to new heights, potentially to $900.
By 2050, NEO could become a major player in blockchain technology, with its price ranging between $1,000 and $2,000.
Year | Min. price, $ | Average price, $ | Max. price, $ |
---|---|---|---|
2035 | 300 | 400 | 500 |
2040 | 500 | 700 | 900 |
2050 | 1,000 | 1,500 | 2,000 |
ICO Listing Online indicates a stable and significant long-term growth trajectory for NEO. The expected rise to $2,000 by 2050 is attributed to technological development, global blockchain adoption, and a growing user base for the NEO ecosystem.
The adoption rate of cryptocurrency already matches the early stages of the internet’s spread and, in some aspects, even surpasses it. This makes the forecast realistic, suggesting that NEO could reach these projected highs.
NEO Market Sentiment on Social Media
Social media is key in forming investor sentiment in the cryptocurrency market. Traders actively use platforms like Twitter, Reddit, and Telegram to discuss asset potential, which can influence future price movements.
Media sentiment helps gauge market participants’ expectations and may signal future volatility or stability for an asset.
User @MaskedTrader0 highlights NEO’s technical breakthrough on the monthly chart. He suggests the asset is on the verge of significant growth, comparing the current situation around NEO to buying XRP before its 400% surge and hinting at high potential returns.
User @ergtsdmrgl expresses confidence in NEO’s growth potential using a rocket-launch meme, signaling optimism about future price increases.
Thus, social media reveals a high level of optimism for NEO, with the community expecting substantial price hikes from current levels. Confidence in NEO’s long-term prospects stems from positive fundamental and technical factors, boosting market sentiment.
NEO Price History
NEO’s all-time high was $198.6 on 2018-01-15. NEO’s all-time low was set at $3.947 on 2020-03-13.
Below is the chart of NEOUSD covering the past 10 years: to make our forecasts as accurate as possible, it’s important to estimate historical data.
NEO has gone through several price cycles since its launch: in 2017, the asset’s value surged sharply from $0.20 to a peak of $196 during the cryptocurrency bull run, driven by the ICO hype and the widespread adoption of the blockchain platform in China.
After the crypto market crash in 2018, NEO’s price dropped below $10 and remained within this range until 2020. In 2021, NEO rose again to $140 amid a general market rally and growing interest in decentralized applications (dApps). However, the 2022 market correction led to a price decline to the $10–$15 range.
Key dates:
- January 2017: the ICO boom ($0.20).
- December 2017: Reached an all-time high of $196.
- January 2018: Entered a bear market ($140).
- May 2021: Recovered to $140 during a bull run.
- June 2022: Declined to $10–$15.
NEO Fundamental Analysis
Fundamental analysis helps identify key factors affecting NEO’s value. Both internal features of the blockchain platform and global market conditions influence its price. Monitoring partnerships, technical upgrades, and adoption levels can provide insights into the asset’s potential. External factors like regulations and macroeconomic conditions also play a significant role.
Key Factors Influencing NEO’s Price
Various fundamental factors influence the price of NEO:
- Ecosystem Development: NEO’s integration of Flamingo Finance advanced the DeFi sector by enabling staking.
- Partnerships: Collaborations with China’s BSN (Blockchain-based Service Network) strengthened its position in Asia.
- Technical Upgrades: The 2021 launch of N3 MainNet improved scalability and safety, enabling 10,000 transactions per second.
- Crypto Market Trends: NEO’s price surged during the 2021 bull market alongside Bitcoin’s rise to $60,000. This increased interest in altcoins.
- Regulations: Approval for trading NEO on South Korea’s regulated exchanges increased trust in the project.
- Blockchain Adoption: The implementation of digital ID systems in China showcased NEO’s real-world use.
- Institutional Interest: Investments by Grayscale in NEO through its crypto fund highlighted its appeal to large investors.
More About NEO
NEO is an open-source blockchain platform launched in 2014 under the name of AntShares and rebranded as NEO in 2017. Its founders, Erik Zhang and Da Hongfei, aimed to create a “smart economy” by integrating digital assets, smart contracts, and digital identity.
NEO is used in various industries, including finance, logistics, and data management. The platform supports dApp development and token creation, using sharding technology for high transaction speeds.
It operates with two tokens: NEO and GAS. NEO is used for network governance and voting, while GAS is used for transaction fees. The platform builds its ecosystem through global partnerships with government and corporate entities.
Pros and Cons of Investing in NEO
Investing in NEO has both strengths and risks. Understanding these aspects helps one make informed decisions and form effective trading strategies.
Pros
- Smart Contracts and dApps: Enhance demand for NEO’s ecosystem.
- Dual Tokenomics: NEO Holders earn GAS tokens that can be used for paying transaction fees.
- High Scalability: Processes thousands of transactions per second.
- Regulatory Support: Positive reputation in China.
- Regular Updates: Improved security and functionality.
- Long-Term Potential: Aimed at global adoption by businesses and governments.
Cons
- Regulatory Risks: Potential restrictions, especially in China.
- Centralized Management: Most nodes are controlled by the founders.
- Geographic Dependency: Strong ties to China make it vulnerable to geopolitical risks.
- Competition: Faces rivals like Ethereum and Binance Smart Chain.
- Volatility: High price fluctuations complicate long-term strategies.
- Slow Popularity Growth: Remains niche compared to competitors.
Technical innovations, support for smart contracts, and favorable tokenomics provide significant growth potential for NEO. However, investing in the cryptocurrency market requires a deep understanding of market cycles and constant monitoring of news about specific assets and the market as a whole.
How We Make Forecasts
Our forecasts combine technical and fundamental analyses.
Short-term forecasts are based on technical indicators like MACD, RSI, and support/resistance levels. We analyze price charts on small time frames, considering volatility and recent market events.
Mid-term forecasts combine technical signals with a news background. Global economic trends, ecosystem updates, and partnerships with large corporations are considered.
Long-term forecasts focus on technology, adoption, institutional interest, and regulatory changes. We take into account macroeconomic factors, historical asset behavior, and long-term trends in the cryptocurrency market.
This balanced approach ensures accurate forecasts grounded in verified data.
Conclusion: Is NEO a Good Investment?
NEO shows significant growth potential due to its technical innovations, support for smart contracts, and promising ecosystem. Interest in dApps and blockchain infrastructure strengthens its market position.
However, risks from market volatility and regulatory uncertainty must be considered. For long-term investors, NEO could be a compelling choice with proper risk management and market analysis. Combined with monitoring global trends and fundamentals, it could form part of a diversified portfolio.
NEO Price Prediction FAQ
The current NEO price as of 31.12.2024 is $13.55.
Predictions show that NEO could reach $130 in five years, driven by ecosystem expansion, innovation, and the increasing blockchain use in various industries.
Analysts suggest NEO’s price could rise amid blockchain adoption and growing investor interest in the coming years. Getting listed on major exchanges like Coinbase and Kraken would attract significant capital, becoming a solid growth driver for NEO.
Analysts expect the NEO price to rise in the coming years. However, short-term corrections are possible. High volatility is also expected.
No, NEO continues to grow actively. The project supports innovation, develops a dApps ecosystem, and is popular in the crypto community, highlighting its prospects.
NEO’s price is rising due to increased demand for blockchain technology, real-world project adoption, positive market sentiment, and technical improvements, such as network scalability and security.
Price chart of NEOUSD in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
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