NEO | China's Ethereum 🇨🇳

Updated
NEO is 100% up since our first signal so like Gas it deserve an analysis now
The price of NEO is $14.5 today with a 24hour trading volume of 230 million dollar.
This represents a 30% price increase in the last 24 hours and a 60% price increase in the past 7 days. With a circulating supply of 71 Million NEO, NEO is valued at a market cap of 1Bil$

NEO was founded as AntShares in China in 2014 by Da Hongfei and Erik Zhan and rebranded as NEO in June 2017

Neo the open source and community driven blockchain, announced the upcoming launch of a sidechain that is compatible with Ethereum Virtual Machine and to resist Maximal Extractable Value attacks.

the sidechain would ensure security, privacy, and a smooth experience in the decentralized finance landscape. The sidechain is currently under development, with the testnet planned to be launched at the end of 2023.The announcement was made by Da Hongfei, founder of NEO, who unveiled plans for the development of the sidechain at a Hong Kong event. At the event, Hongfei shared that the new chain would inherit the Byzantine Fault Tolerance consensus mechanism of NEO while being Ethereum Virtual Machine compatible.

we are long since bulls managed to break 7.7$ resistance and I star buying Neo on spot since 6$

whats your 2023 biggest crypto gem? and whats your targets for Neo?

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