NEO termed as Chinese Ethereum is experienced an unprecedented price hike. Within 24 hours It shows 29% uptrend. Currently trading at $69 and the total market cap is $4.4B. But the NEO's journey to the moon was not smooth at all. Due to the Chinese ban on ICO and Crypto Exchange Neo was down to $24. Now it is $69 which is a significant gain
What is NEO
NEO is the first open-source cryptocurrency, decentralized ,and blockchain platform from China that utilizes blockchain technology and digital identity to digitize assets to build a smart economy. The previous name of NEO was Antshares. NEO is termed as Chinese Ethereum because it is more like Ethereum. Both are smart contract platform.
Courtesy: neo.org
Currently, NEO holds the 13th position on Coinmarketcap. Experts believe that NEO can cross $100 within this year. What do you think about NEO price. To me, nobody can predict the crypto price due to the nature of the market volatality.
