70 M Coins out of 100 M are being traded. With a MC of 1 B USD, almost half is being transacted on a daily basis. It won't take a long time - most probably not more than 3 months to gain 300% from NEO.
Keep in mind that 17 Jan 17 the crypto was only 0.08 USD with an all-time high of 187.41 USD (2337.5 X!!!!...). Now let's suppose that npt more than the 2 years coming, NEO could meet it's previous peak - meaning another highly potential growth as it's long-run T (1335% - 13.35 X).
The market may seem too risky accounting more than -98% sharp drop for almost all of Cryptos. But we have to reconsider that for the time being only 100 M people are actively engaged in exchanging such properties/equities/securities. The question is : Just how many more people based on "Word Of Mouth", WOM, or rumor may evaluate such a market as not only a prosperous investment for their future, but also as means giving them liberty of buying/selling in a blink of an eye?!
Technically, on a monthly timeframe the spring is well pressed and BBs are proving such claim. The total number of available tokens does not seem to be too high compared to XRP, EOS and some others. Limitation in quantity can really be a very reasonable stimuli to cause price growth.
All in all, I can see no actual obstacles at moment to not to say that NEO can be a tremendous treat. Sincerely wish you guys best of your life and career.
Not a financial advice. "Ideas worth spreading" (from TED).
Keep in mind that 17 Jan 17 the crypto was only 0.08 USD with an all-time high of 187.41 USD (2337.5 X!!!!...). Now let's suppose that npt more than the 2 years coming, NEO could meet it's previous peak - meaning another highly potential growth as it's long-run T (1335% - 13.35 X).
The market may seem too risky accounting more than -98% sharp drop for almost all of Cryptos. But we have to reconsider that for the time being only 100 M people are actively engaged in exchanging such properties/equities/securities. The question is : Just how many more people based on "Word Of Mouth", WOM, or rumor may evaluate such a market as not only a prosperous investment for their future, but also as means giving them liberty of buying/selling in a blink of an eye?!
Technically, on a monthly timeframe the spring is well pressed and BBs are proving such claim. The total number of available tokens does not seem to be too high compared to XRP, EOS and some others. Limitation in quantity can really be a very reasonable stimuli to cause price growth.
All in all, I can see no actual obstacles at moment to not to say that NEO can be a tremendous treat. Sincerely wish you guys best of your life and career.
Not a financial advice. "Ideas worth spreading" (from TED).