NEO has 4th biggest volume 4 days in a row! Could we see NEO approaching $100 by end if year? Probably not but closer to $50.
Just wanted to get your opinions about when you personally the correction is due and where you see NEO (realistically) by end of year.
Pros:
The project can rival ETH without a doubt but ETH has the head start. However, the dev community behind NEO can amass way quicker as it supports multiple coding languages which could switch some devs to stay away from solidity and rather go with code languages they are familiar with.
NEO will integrate POS before ETH and can tackle any scalability issues before there network will be overloaded which gives them the edge in terms of scalability issues. They've seen ETH scalability issues and can learn from prior mistakes to avoid overloading there own network.
China as a society is more inclined to adopt blockchain then all the western counties. For the blockchain to play a major part in the EU it would take ages given how many countries are part of the European union. If NEO receives support from the Chinese government and any other big org like Tenzent or Alibaba, they will have more customers than Europe in a decade.
Cons:
Chinese regulation have proven to be tougher toward tech and innovation in a whole. This makes me doubt that the Chinese government will most probably want to build their own network and kill any other competition by forcing rules down their throat which would eliminate any competition.
Adoption from the western hemisphere would be very hard even though hey are doing a terrific job at westernising their webpage and allowing non Chinese to better understand there project, roadmap and whitepaper.
What do you guys think? Criticism is more welcome than moontalk ;)
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