Neo Price Prediction

Will Neo go up or crash?

Last Updated May 16th 2022
15 Min Read

Neo Overview

Neo (NEO) might not have achieved the same highs in 2021 as some of its rivals, but many investors are still mightily bullish on this crypto. So, what is NEO expected to reach? We’re here to solve that mystery, but first, let’s take an overview of what makes NEO so great.

NEO Overview

Cryptocurrency Neo
Ticker Symbol NEO
Rank 68
Price $10.44
Price Change 24h -4.69%
Price Change 7d -25.51%
Market cap $736,411,883.79
Circulating Supply 70,538,831
Trading Volume $68,784,886.72

How much could Neo be worth? Our Neo price prediction forecast has pinpointed the following highs:

According to our long-term Neo price prediction, the price of Neo will reach $38.20 by the end of 2022, rising to $91.77 by the end of 2023 and $169.42 by the end of 2025. Neo will then rise to $286.55 in 2027, and $835.46 in 2030.

Could Neo’s prospects really be so good? We think so. Read on to find out how Neo can reach these new highs.

If you want to buy Neo quickly and easily, with a 0% commission, check out the eToro Exchange!

NEO — A Faster & Stronger Version Of Ethereum?

When Neo first came to the market in 2014, it was originally launched under the name of ‘Antshares’. It wasn’t until 2017 that it took on the name Neo, which means ‘new’ or ‘young’ in Greek. Rather like a stablecoin, Neo aims to bridge the gap between crypto and fiat currency. It does this by providing a decentralised platform for people to carry out non-digital payments. 

 its tokens aren’t divisible. This means that each token represents a single share in the company, and as shares can’t be split into smaller parts, nor can NEO.

Some of NEO’s rivals include:

What’s The Point Of NEO?

The Neo platform aims to offer smart contracts and decentralised payment systems, making it possible for people to carry out everyday transactions on the blockchain. NEO coin is used to add new blocks to its blockchain and manage the network as a whole.

Some of NEO’s benefits include:

  • Aims to create a ‘smart economy’, which combines digital assets, digital identities, and smart contracts.
  • Faster than Ethereum with transaction speeds comparable to Visa.
  • More easily programmed than other smart contract platforms, with plans to introduce up to 10 languages.
  • Uses a Delegated Byzantine Fault Tolerance consensus mechanism as opposed to proof-of-work or proof-of-stake.
  • Can process up to 10,000 transactions per second.

Who Is Behind NEO?

Neo (NEO) might not be one of the biggest names in the business, but this crypto has the accolade of being China’s first open-source blockchain — and is often referred to as ‘the Chinese Ethereum’.

As mentioned above, NEO was initially founded as ‘Antshares’. It was founded by Da Hongfei and Erik Zhang, both of which are chairpersons of the Neo Foundation.

Interestingly, Zhang is the inventor of the ‘Delegated Byzantine Fault Tolerance’ consensus mechanism, making NEO the first crypto to use this algorithm.

What Is NEO Used For?

One of the most important things to remember about Neo is that it uses two different native tokens. These are NEO (the token that we’re discussing in this article) and GAS. Although they share some similarities, such as both having a maximum supply of 100 million, they serve completely different purposes: 

  • NEO represents ownership of the Neo blockchain. These tokens are used to add blocks to the chain and manage the overall network. 
  • GAS, as its name suggests, is used to power transactions within the Neo platform. When users hold NEO tokens in their wallets, they are rewarded with GAS tokens, which function much like Ether on the Ethereum (ETH) network. Users must pay transaction fees in GAS. 

This two-tiered system sets Neo apart from many of its competitors. It’s possible to buy and trade GAS tokens directly, but most people choose to own NEO tokens, as these represent a stake in the network. With each new Neo block that’s generated, eight new GAS tokens are distributed.

Who Uses NEO?

According to NEOSCAN, there are 2,940,701 NEO addresses. Though how many are active with a usable amount of NEO is not specified (and some users may have more than one address).

Check Out: How to Buy NEO - Beginner’s Guide

Technical Analysis Of Neo’s (NEO) Price Movements

Neo was first available in an ICO (initial coin offering) which took place in September 2016 at $0.02 per NEO and raised over $5 million.

Following the ICO, CoinMarketCap began tracking the price of NEO on the 9th of October 2016 at $0.391. Since that time, Neo has fallen to its all-time low of $0.07229 on the 21st of October 2016 and reached an all-time high of $196.85 on the 15th of January 2018.

In 2021, NEO started the year at $14.50 and ended the year at $25.74. Neo’s 52-week high is $140.37 and its 52-week low is $16.21.

Neo Price Chart

NEO price chart

NEO/USD price chart. Source: Coinmarketcap

buy NEO

Expert’s Take On Neo Price Predictions

Even the least ambitious Neo price predictions expect an increase in the coming years.

Coin Price Forecast: “The forecasted NEO price at the end of 2022 is $37.45 - and the year to year change +44%. The rise from today to year-end: +54%. In the middle of 2022, we expect to see $33.44 per 1 NEO. In the first half of 2023, the NEO price will drop to $36.28; in the second half, the price would lose $5.25 and close the year at $31.03, which is +27% to the current price”.

DigitalCoinPrice: “Price forecast for Neo in December 2023: Neo is forecasted to be at a minimum price of $31.99 in December 2023. With an average Neo trading value of $38.62 in USD, the Neo price value can reach a maximum of $42.93”.

Trading Beasts: “In March 2023, the NEO price Prediction is forecasted to be on average $19.750. The expected maximum price is $24.687, minimum price $16.787”.

Price Prediction: “The price prediction of Neo is predicted to reach [a] minimum value of $528.18 in 2030. The Neo price could reach a maximum value of $621.18 with the average trading price of $542.98 throughout 2030”.

Gov Capital: “Future price of the asset is predicted at $39.24808313717 (75.356% ) after a year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth $175.356 on 2023 March 23, Thursday”.

Coinskid: “Our Forecast System predicts that NEO could possibly increase in value in the short term by +24% to $30.33 from $24.40. The system forecasts a +32% move from $24.40 to $32.32 over the next month, NEO has a price prediction of $88.75 in over a [years’] time”.

ICOcreed: “The price of Neo is predicted to reach [a] minimum value of $74.93 in 2025 . The Neo price could reach a maximum value of $90.60 with the average trading price of $77.09 throughout 2025”.

CryptoGround: “As per the forecast and algorithmic analysis, [the] price of 1 NEO (NEO) will be around $176.6266 in 2027”.

WalletInvestor: “Based on our forecasts, a long-term increase is expected, the NEO price prediction prognosis for 2027-03-20 is 99.404 US Dollars. With a 5-year investment, the revenue is expected to be around +307.48%. Your current $100 investment may be up to $407.48 in 2027”.

buy NEO

Neo (NEO) Price Prediction: 2022-2030

Our Neo price predictions for 2022 to 2030 are informed by several key factors that have proven to impact Neo positively and/or negatively.

The relationship between supply and demand is a crucial factor that will determine the price of any cryptocurrency. This is a catch-all factor, as many different events and criteria (‘sub-factors’) can influence whether more investors want to buy or sell their assets.

If the supply of a crypto is greater than the demand, it means the price will go down. If the demand is greater than the supply, it means the price will go up. 

Elsewhere, governmental bodies aren’t always in favour of cryptocurrency. Crypto regulation is still woefully inadequate and as digital assets have become increasingly mainstream; it’s driven many authorities to consider imposing more robust ways of regulating the industry. This has led many analysts to fear that impending regulatory crackdowns could threaten the cryptocurrency market in the future.

Not so with Neo. When the Chinese president Xi Jinping publicly spoke in favour of cryptocurrencies at the end of 2019, it sparked a renewed interest in the asset. Neo (or ‘the Chinese Ethereum’) profited from this, with many traders believing the president has been responsible for driving up the price of the cryptocurrency.

But this is a double-edged sword. 2021 was also the year China banned cryptocurrency transactions. While Neo is still generally considered safe from this ban, it has also scared off many investors and could explain why Neo didn’t perform better in the second half of 2021. For now, it appears that China supports the blockchain aspect of Neo but disapproves of its transactional aspect. Only time will tell if Chinese regulation has a positive or negative impact on NEO.

A final factor worth mentioning is Neo’s smart contract capabilities. Smart contracts are digital agreements that automatically encode the specific terms of a transaction, such as the amount of money you’re paying and the party you’re paying it to. Like Ethereum, Neo supports smart contracts, making it easier for users to carry out secure transactions. 

As the popularity of decentralised payment systems continues to grow, smart contracts are playing an increasingly vital role in the cryptocurrency landscape. Platforms that facilitate smart contracts are likely to see increased traffic, with more investors keen to cash in on this technology. This means that the demand for platforms such as Neo (along with its price) could be set to rise.

Despite its ups and downs over the years, Neo remains a great investment for the short-term (one year) or long-term (five to 10 years). Here are our Neo price predictions for 2022 to 2030.

Neo Price Prediction 2022

2022 will see the Neo ecosystem continue to grow, increasing demand for the NEO token. Fluctuating between $30 and $35 midway through 2022, NEO will then reach a max of $38.20 and close 2022 at $32.48. Our 20222 Neo price prediction estimates that min of $14.52 is possible as is an average yearly price of $31.55.

Neo Price Prediction 2023

An ever-expanding DeFi sector will cause the price of NEO to explode in 2023. Continuing its upwards momentum, our Neo price prediction forecast anticipates a high of $91.77, a low of $23.21, and an average price of $58.30 for 2023. Neo will end 2023 at $76.45.

Neo Price Prediction 2024

Crypto regulation in China and abroad will likely become more favourable to Neo in 2024, opening the floodgates to cautious investors. Getting off to a great start at $80.08, in 2024 Neo will gradually increase to $110.15 by the end of the year. The maximum Neo price prediction for 2024 is $125.60 and the minimum is $74.27.

Neo Price Prediction 2025

By 2025, it will be clear that Neo’s Delegated Byzantine Fault Tolerance consensus mechanism is far superior to proof-of-stake and proof-of-work. Holding strong at a yearly low of $84.34, Neo will secure an average price of $119.49 for 2025, as per our Neo price prediction. A top price of $169.42 is possible before Neo closes 2025 at $156.99. The average price would mean a 387% increase since 2022.

Neo Price Prediction 2026

New use cases can be expected by 2026 as developers improvise brand new ways Neo’s tech can solve world problems. The average price target for NEO in 2026 is $186.23, with a top estimate of $216.09 and a low estimate of $145.07. NEO will end 2026 positively at $193.70, according to our Neo price prediction.

Neo Price Prediction 2027

In 2027, five years from now, Neo will become more widely accepted across the globe and online as a payment method. While a top price of $286.55 is forecast, a low of $199.04 is also expected for 2027. Our Neo price prediction also projects NEO reaching an average of $248.67 by the end of 2017.

Neo Price Prediction 2028

2028 is the year we expect Neo to finally see institutional investment like never before. Starting 2028 at $249.44 NEO will follow a positive trajectory to achieve a median price of $312.16 by the end of the year, as per our Neo price prediction. NEO investors can expect a top price of $443.91 and a potential low of $202.80 in 2028.

Neo Price Prediction 2029

Neo will become a fierce competitor to other smart contract platforms by 2029. An all-time high of $670.68 is expected by 2029 as NEO appreciates above the $600 level. An exceptional year, NEO will not decline lower than $375.25 in 2029 and accumulate an average price of $561.78 at the end of the year, according to our Neo price prediction.

Neo Price Prediction 2030

By 2030, NEO’s tech will be powerful enough to run whole countries. NEO will end the decade at $790.29 having amassed an average of $712.45 for the year. This is after NEO reaches its highest-ever price of $835.46 and sinks to its lowest yearly price of $680.05. According to our NEO price prediction 2030, if NEO can hit this incredible new high, it would have increased 3,311%.

buy NEO

Conclusion: What Could Neo Be Worth?

Based on our Neo price prediction forecast we can determine that a long-term increase is on the way for the price of NEO that will take it to much higher highs over the next several years.

Despite this bullish outlook, investors should remain cautious — there are a million and one ways in which things could go wrong before the end of the decade, many of which are completely unknown. Two primary areas Neo investors should study are regulation and competition.

While all cryptocurrencies could struggle in the face of regulation, Neo, which helms from China, could be at much greater risk. China has not been too friendly to cryptocurrency over the last few years and its position on Neo could change with a click of Xi’s fingers.

And in terms of competition, it is quite likely that the reason Neo failed to reach a new high in 2021 is that it struggles to capture investors’ interest — investors who doubt NEO offers anything more unique than the rest of the crypto market.

Will NEO Go Up?

The long-term horizon for NEO price prediction definitely looks bright for Neo cryptocurrency. It is expected to rise and grow in next five years as per market price predictions.

What Will Happen To The Price Of Neo (NEO) In 2022?

According to our Neo price prediction calculations, 2022 will be a good year for NEO as it is not expected to decline, however, NEO is not likely to hit a new all-time high either. Reaching higher lows, NEO will have an average price around $58 and end the year at $76 per token.

What Will Happen To The Price Of Neo (NEO) In 2025?

The price of Neo will follow an underlying bullish trend to appreciate to $169 at the highest. Not as high as what NEO achieved in 2018, but higher than last year. The most important thing to note is that NEO’s lows are getting higher. Further gains in 2025 are expected to bring Neo much closer to its current all-time high and above levels it reached in the 2021 bull run as it ends the year at $156. 2025 will also be the year NEO remains above $100 per token.

Will Neo (NEO) Hit $500?

Yes, Neo will hit $500, a level that is estimated to take place by 2029 according to our NEO price prediction. Neo will not hang around at this price range for long though — in 2030, it will appreciate to much higher levels.

Will Neo (NEO) Reach $1,000?

Given the current course Neo is taking, our NEO price prediction does not see the asset reaching $1,000 before 2030. At the most, it may cross $800 per coin by the end of the decade. This, however, doesn’t mean $1,000 per NEO is unattainable, the asset just needs more time.

eToro – Best Platform To Buy NEO

Virtual currencies are highly volatile. Your capital is at risk.

FAQs

Is Neo Better Than Ethereum? 

Known as ‘the Chinese Ethereum’, Neo offers a range of key advantages over its older competitor, Ethereum. The platform supports programming languages including JavaScript and C++ and has been built to be less vulnerable to attack. This is an important benefit considering Ethereum was 51% attacked back in 2016 and Ethereum Classic, which uses the older version of Ethereum, suffered several significant 51% attacks in 2020.

Is Neo A Good Crypto?

Yes, Neo is a good crypto. Despite failing to reach a new ATH in 2021, NEO is still expected to appreciate for the rest of the decade. As China’s position on smart contract cryptocurrencies like NEO becomes clearer, we could see the asset increase in price.

What Will Neo Be Worth In 2030?

A grand price of $835.46 is achievable by 2030 as forecasted by our Neo price prediction — that’s an increase above 3,000%. However, for much of 2030, Neo will trade at around $712, which is still a great increase.

Can Neo Reach $10k?

Neo’s chances of hitting $10k are difficult to predict at this point. Though the crypto market is highly volatile, it would mean NEO would have to appreciate by over 40,000%. Such an increase is unlikely to take place in the next couple of decades.

Is Neo A Good Investment?

While critics point out that NEO was $50 off its all-time high in 2021 (suggesting declining investor interest), Neo has one of the highest ROIs in the crypto market, standing at 13,323.11%.

When Will NEO Take Off?

Neo will see its biggest increase in 2029 and 2030 as it crosses $600 per coin and reaches highs beyond $800, significantly higher than the prices estimated for Neo from 2022 to 2028.

What Price Could Neo Reach?

Our Neo price predictions imply an underlying long-term increase in the price of NEO will take place. This trajectory foresees a new all-time high of $216.09 by 2026, prices above $300 and $400 by 2028, and levels between $600 and $800 by the end of the decade.

What Is Neo’s Price Prediction For The Next Bull Run?

Arguably, we are still in a crypto bull run that could continue for the next several years. Most likely Neo will go through a bull market by 2026 as it reaches a new all-time high above the $200 milestone.

How High Will Neo Go?

Price Prediction has delivered the highest Neo price prediction so far, estimating the asset will rampage to $905.73 by 2031.

Neo Price Prediction 2040

We strongly suspect that NEO will trade above $2,000 between 2030 and 2040. Following our Neo price prediction model, the asset could reach levels around $5,000 per coin in 2040.

Exclusive: Get The Latest Crypto Price Predictions Direct To Your Inbox Now!

What you’ll get: Weekly updates on the latest and trending Cryptocurrencies along with exclusive insights and information on the hottest Crypto Trends.