(THIS IS NOT FINANCIAL ADVISE)
In this time for NEO, we are currently watching our BTC values dropping significantly and other ALTS explode. Could this mean we are due for a HUGE pump in the near future? Well lets take a look at at the stats.
When NEO started earlier this year, it was called Antshares then later on they rebranded to NEO and the ICO took a huge pump. Later we found out that China planned to ban ICO's and trading amongst its country. We have yet to find out how China is going about the ban which is leading people to speculate that China is going to ban ICO's for good. Sadly I find it hard to believe that this is plausible. China is a very resourceful country that is smarter than many of its allies and counter parts, a move like this would devastate the majority of the countries opportunity to make their banking systems and other resourceful infrastructure stronger than what they have today just by taking advantage of the blockchain. So whats the catch? Well it seems like Da Hongfei, CEO of NEO is being quite amongst the rest, NEO is currently making no noise at the moment meaning that they could have something under their belt. NEO has been able to catch the eyes and wallets of multibillion dollar companies and even rumors of China banking on NEO as an asset to their country.
Now say what you want, the month of December and January, I can't say I see a lot of movement with NEO due to BTC splits and lightning program being released to the network, but late Q1 we will see a huge rise in NEO that could be a huge power move pushing it higher than $300 a share. Many people argue that NEO has lost it momentum from its giant push from $0.19 a share all the way to $54, but I think it's on the Contrary. NEO is Ethereums biggest competitor with faster speeds of transaction, more programming languages to program DAPPS on other platforms, 10,000 transactions a second, and most importantly, the EASTERN INFLUENCE and CONNECTIONS. So whats the outcome? We'll just have to wait and see.
PRICE PREDICTIONS 2018-
Feb 2018: $300
Aug 2018: $450
Dec 2018: $600
HODL your NEO, the price is super undervalued, the wave is coming