A detailed analysis is presented below for NEO smart contracts. NEO is basically a cryptocurrency Token that performed very well during the year 2017. It had a good return of 21,000% return on investment (ROI) for its investors. NEO blockchain is the only blockchain that can be compared to Ethereum blockchain due to its features. So it’s also called a Chinese Ethereum or Ethereum killer. Although NEO is a promising smart contract-based blockchain technology that aims to digitalize real-world assets and operate using smart contract technologies, it has various flaws and issues like other cryptocurrencies.
NEO token was founded by Da Hongfei and Erik Zhan in China in 2014. NEO was also again rebranded in 2017. NEO also resembles the US-originated Ethereum network. So definitely NEO is a good investment in 2021 since it is expected to reach up to 101$ in 2022 with a 220% gain. During the 2021 Bitcoin bull run, NEO already crossed 140$ and as of now, it is currently trading at 28$ with a 24 Hour volume of 15.23M.
What will NEO be worth in 2025?
NEO is most likely to cross 400$ within the year 2025 since it already crossed 141$ during the bull market of bitcoin in 2021. This token is a good investment for the short-term future. NEO is having a live market cap of $2,023,151,476 USD. It has a circulating supply of 70,538,831 NEO coins and a max. supply of 100,000,000 NEO coins
Which type of Blockchain technology NEO token is based on?
Basically, NEO is a token that resembles the same smart contract as Ethereum but it has some flaws and issues which make ETH a more user and system-friendly network. NEO is built on its own NEO ecosystem and a Decentralized Autonomous Organization blockchain technology.
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