Hello guys, today I will be talking about NEO and specifically why you should all believe that it is a very promising coin that has much more upside potential than it already at and reached. So right now we at $43.62, with that being said I can see it easily reaching a $100 and having an upward potential of getting to the $200 range per coin.We currently at $2Billion market capitalization that's put us at the 8th overall position. I firmly believe it should be sitting at number 3 overall behind ethereum and Bitcoin.
With that being said I will get into the reasons why I think NEO price will go up and some specific exciting dates to look forward to in the future but i just want to run over that with you so that you guys can understand what in envision in terms of the price of NEO. First and foremost NEO just reached 15k subscribers on Reddit and i think thats really exciting and promising because the more people that subscribe on reddit page means there is more interest and more value on the coin which will draw a higher demand for the relatively low supply of NEO which will then raise the price so keep that in mind.
The first exciting date to keep in mind is August 20th, on this date NEO will have a joint meeting with Microsoft Azure where they will have a programming training. In this training, they will be essentially teaching developers how to create on the Neo platform while coding on C-sharp. So the fact that Neo is working with Microsoft is huge because Microsoft is a refutable and large company and the fact that they are working to develop people to create on the neo platform and teaching them how to do it really shows that neo platform will continue to grow as more developers continue to create using the technology.
Continuing on there is a NEO meeting in Taipei which is the capital city of Taiwan, the NEO team is going out of their way to get people all around the world to develop using the platform and they're really trying to make this a universal cryptocurrency that everyone all around the world will be able to create on. This meet up is open for all to go and learn how to develop and create DFS utilizing the NEO platform so its really interesting and promising that the NEO platform is recognised all around the world.
Another thing to keep in mind that really shows the promise and intelligence of the team that NEO has been behing it, is the fact that they are working with ledger to have hardware storage option for your NEO ,so for those who do not know Ledger - it is a hardware wallet which allows you to essentially store your crypto on a USB drive that then takes it off your computer and keeps it all offline, If NEO is allowed to be put on this it will be a great option to keep your investment secure and safe.The fact that the NEO team are trying to make this a reality it shows that they understand that security is pivotal and crucial to keep your investments safe.
With all these things put together ,having the 15k subscribers mark reached having two events coming up where they will be teaching people how to create using the NEO platform and then having the NEO ledger support i really think we have a ton of promising things going on and that will help NEO to continue to grow long term.Also coupled with the fact that NEO is conquering scalability ,the team has been able to make it so that they are Quantum computer proof with NEO Q as well the fact that on NEO you dont need developers to learn a new coding language to create on NEO platform.
People can use c-sharp they can use javascript, they can use any pre-existing coding language that they have already learned to create on Neo. We contiue to see more ICOs being launched on NEO in the near future which will directly relate and correlate in the increase ao the price per coin and i think in the near term we will see the price reach over a hundred and in the even longer term not so distant future we will see NEO price climb up to the $200 range.This a quite a promising project with potential ,we are still in relatively infancy stage regarding the optimal price point.
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