NEO, frequently referred to as
Chinese Ethereum, has been a focus of numerous predictions, price analyses, and discussions concerning its potential for adoption and utility increase. There are long-term price projections for 2024 through to 2030 reflecting analysts' ongoing interest. Carrot Swap has launched
xUSD, a USDT and USDC-backed stablecoin, on
Neo X, expanding NEO's ecosystem. Additionally, a partnership between NEO and Phoenix has been announced, focusing on using Skynet to enhance blockchain technology with AI. A string of successive positive developments such as the collaboration between GoPlus and Neo to achieve node-level security on Neo X Sidechain also instills confidence.Binance Futures has added NEO to its offering, which provides up to 75% leverage for its perpetual contracts. Coinbase recently added NEO among other major cryptos to its platform, potentially sparking a price rally. Inflationary models have seen NEO being utilized in novel ways such as Gas, which has soared 11.5% recently. NEO also appears to be keen on innovation, with plans for a Web3.0 acceleration program and involvement in hackathons.Beyond these, NEO's popularity seems to be rising with periodic mentions as a contender for strong price rebounds and potential for uptrend following Coinbase listings. NEO's prices have teetered on the brink of breaking resistance levels, closing at $10 recently. However, price fluctuations have led to NEO falling from the top 100 coins on CoinMarketCap. The coin is gaining adoption not just in China but also in emerging markets such as South Africa and Brazil. NEO's ecosystem continues to grow with several DApps making their way to its platform.
NEO Coin News Analytics from Wed, 31 May 2017 07:00:00 GMT to Wed, 16 Oct 2024 13:16:29 GMT -
