NEO price predictions 2018: NEO has primarily been designed to digitize the various assets and to ensure that the transactions in these assets are done with the help of smart contracts. It is aiming to build a smart economy. It was founded in 2014. Since then, the blockchain has seen a considerable amount of traction among the users.
As the awareness around smart contracts increases, the use of this blockchain is also increasing. Most of the investors are just trying to figure out whether it would be a good idea to invest in this cryptocurrency currently or not. We would tackle this topic today.
NEO price predictions 2018:
NEO is currently trading around $. The forecast for the cryptocurrency by the end of the calendar year 2018 is around $ 355. Furthermore, the five-year forecast is around $ 1275. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, this platform has a lot of potential ahead. As long as the company is able to execute their strategy the price of the token would also keep on increasing. This is attracting a lot of investors to this cryptocurrency.
Many people are looking to invest in digital assets owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for NEO as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
Considering the scalability of the platform and the advantages, it is a good opportunity for the investors to invest in this cryptocurrency at present. Also, considering the fact that it is also starting to garner the attention of the institutional investors, the potential is sure to rise. If you’re looking to invest for a period of 5 years, then now might be the right time to invest in this cryptocurrency. It provides you with the good diversification choice as well. It can provide you with significant returns in the coming couple of years.