Yes it could reason because NEO is a Chinese technology which marries the concept of the smart economy and cryptocurrency. It’s a cutting-edge player which looks set to become a cornerstone of the Chinese economy in the future – and as China continues to go from strength to strength as a world superpower, this essentially means that NEO will also become a major league global cryptocurrency in its own right with unparalleled real-world potential.
At the time of writing, NEO is currently the seventh-strongest cryptocurrency at $134.28USD. From an investment perspective, it makes perfect sense. This is because with NEO, the buyer also accumulates another crypto; Gas. That’s right – by simply holding NEO, the investor will incrementally receive Gas, which is tied in closely with China’s biggest Crypto. Gas can be spent in much the same way as any other cryptocurrency, and essentially demonstrates the confidence China has in NEO.