Deep Dive: NEO (NEO) Analysis
Today I want to take a deep dive into NEO. The numbers are interesting, and I think there's a compelling story here.
📈 Current Price Action
At $3.97, the price action has been relatively stable lately. The weekly trend has been fairly sideways, suggesting consolidation.
NEO price movement over the last 7 days
💰 Market Metrics
Market cap stands at $280.05M, placing it at rank #237. With $17.00M in 24h volume, we're looking at healthy trading.
| Metric | Value |
|---|---|
| Current Price | $3.97 |
| 24h Change | -1.58% |
| 7d Change | +1.44% |
| 30d Change | +7.08% |
| Market Cap | $280.05M |
| 24h Volume | $17.00M |
| Market Rank | #237 |
🪙 Supply Dynamics
Currently $70.53M coins are circulating from a total supply of $100.00M.
📊 Historical Context
The all-time high was $198.38, and we're currently 98.00% below that level. The all-time low sits at $0.08, which means we're 4964.35% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
From a technical standpoint, NEO is showing strength. The price structure show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
🎯 Final Thoughts
So that's my analysis of NEO. The data presents an interesting picture, and I think it's worth keeping on your watchlist. What's your take on this project?
This is not financial advice. Always do your own research before making investment decisions.
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