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NEO (NEO) Won’t Remain this Cheap for Much Longer

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NEO

NEO is one of the cryptocurrencies with the largest potential to become a representative of the third generation of cryptos. As such, it would be expected that its price would be high enough to top all other coins, and to maybe rival even Bitcoin and Ethereum. This is currently not the case. However, this situation might change soon enough.

About NEO

As you probably already know, NEO is one of the most popular cryptos of the third generation. Its community is huge, and a lot of people have chosen NEO before any other coin, and for good reason.

NEO is a crypto that was created as an improved version of Ethereum (ETH). It has recognized many of Ethereum’s problems, and it has been working hard to fix them and to set a new standard on what crypto is supposed to be like.

It has a large community, and is one of the digital coins with the strongest foothold in the far east, considering that it is the favorite digital coin in China. This is extremely important for NEO since China is usually not very supportive of cryptocurrencies.

Considering that they seem to like NEO and that it shares a lot of similarities to Ethereum, NEO has become known as Chinese Ethereum. The coin has entered a lot of partnerships so far and has had more than decent success in its four years of existence.

And yet, despite a stable situation like that, NEO is still pretty underpriced, with its value being at $37.88 per coin. Many have been wondering why that is, and how is it possible that NEO cannot rise back to the top as it did in December 2017. Back then, this coin managed to hit $160 per token, and NEO enthusiasts are patiently waiting for the old price to come back. Well, as it turns out, they might not have to wait for long.

Why this is the best time to buy NEO

NEO’s price has mostly been going down ever since this year began, with only one large spike that occurred in mid-May. However, there are some indications that this coin can do a lot better.

The low price is something that a lot of great cryptocurrencies share these days, and there might be a reason for it. According to some experts, this reason is closely connected to the psychology behind the purchase of cryptos.

To explain this, we will have to briefly check the history of Bitcoin (BTC) and Ethereum (ETH), the two largest cryptos to date. Both of them were very cheap at the beginning of their careers. Those who discovered them back in the day, and recognized their potential, saw that the time to buy cryptos is when their value is low. That way, people have purchased multiple coins for a single dollar. And, when the prices skyrocketed into hundreds or even thousands of dollars per coin, those people became millionaires overnight.

Now, BTC and ETH are well-established coins, with their potential being known to everyone. However, coins like NEO, EOS, Ripple, and alike are still fighting to prove that they can be just as successful. By having a low price, they are allowing their users to join in, and not miss out on another opportunity to make a large profit through a small initial investment.

After all, buying a lot of BTC or ETH these days is not exactly an option for most individual investors. Even if their prices did go up, there would not be much profit when it comes to small amounts of these coins. However, investing in an underpriced coin, even in NEO which is relatively expensive when compared to many other coins within the top 20, can still make a large return.

The fact is that it is only a matter of time before the crypto market picks up the pace once more. When that happens, the prices are expected to skyrocket again. The time will tell which crypto will walk in Bitcoin’s and Ethereum’s footsteps, and become the main coin of the third wave. However, a lot of people believe that NEO is the right way to go.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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