Neo Crypto News China. After prices of bitcoin and other leading crypto assets spent much of august, september, and october in a decline, a massive price pump on this past friday surprised many. Neo is a chinese cryptocurrency, often classed as the chinese ethereum.
The neo • one developer framework, the neofs distributed file system, and the neo blockchain toolkit. Ap photo / ng han guan. 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.
Like ethereum, the neo coin is much more than just a digital currency, and this factor has a significant impact on neo price predictions.
Neo cryptocurrency reached a new ytd high of $25.86 in september after surging by 30 per cent in just one week. The network it runs on offers simplified coding of smart contracts and launching of initial coin offerings (icos), and is often called a next generation smart economy platform. The current coinmarketcap ranking is #22, with a live market cap of $7,212,649,009 usd. Neo gained by over 50% while vechain has seen a cool 100% upsurge since xi spoke.