## Overview of NEO (NEO)

NEO is a first-layer blockchain platform token launched in 2014 as Antshares and renamed in 2017. Founders Da Hongfei and Erik Zhang position NEO as a 'smart economy' that integrates digital assets, identity, and smart contracts. The platform uses Delegated Byzantine Fault Tolerance (dBFT) consensus, supports up to 10,000 TPS, and is compatible with programming languages (C++, JavaScript, Python). NEO has two tokens: NEO (for governance and staking) and GAS (for transaction fees). The project is integrated with China's Blockchain-based Service Network (BSN) and supports DeFi, NFT, and dApps.

- Price (June 30, 2025): ~$5.52–$5.55 (according to CoinMarketCap, Forbes).

- Market capitalization: ~$390–$391 million (rank ~127).

- Trading volume (24h): ~$15.9–$47.2 million, a decrease of 3.8% over 24 hours.

- News:

- Partnership with AethirEco for AI Unbundled Alliance (June 25, 2025).

- Announcement of Neo X TestNet upgrade to enhance scalability (June 25, 2025).

- Introduction of FlamingoFinance THE FLOCK for DeFi on Neo N3 (June 25, 2025).

- Collaboration with MemeCore_ORG to explore Proof of Meme (PoM) and Meme 2.0 (June 26, 2025).

- Integration with Arichain for EVM-compatible sidechain with toxic MEV protection (June 16, 2025).

## Technical analysis

- Current situation: The price of NEO has fallen by 97.18% from ATH ($198.6, January 2018) and is trading at $5.52–$5.55, with an increase of 1.19% over 24 hours. A symmetrical triangle is forming on the daily chart, with support at $5.30 and resistance at $6.00. Bullish divergence on the RSI indicates a potential breakout.

- Key levels:

- Support: $5.30–$5.40 (50-day SMA).

- Resistance: $6.00, then $7.97.

- Indicators:

- RSI (daily): ~56.74, neutral zone with bullish momentum.

- MACD: Bullish crossover (MACD = 0.356), indicating growth.

- SMA: Price is above the 50-day SMA ($5.40), but below the 200-day ($6.50), reflecting a weak long-term trend.

- Volumes: Decrease from $47.2 million (May) to $15.9–$47.2 million, but increased activity after news about Neo X.

- Chart: Price testing $5.55 in a triangle. Closing above $6.00 could lift the price to $7.97. Check TradingView (NEO/USDT) or CoinMarketCap.

## Fundamental factors

- Positive:

- Unique technologies: dBFT, multilingual support, NeoVM for dApps.

- Integrations: Neo X, AethirEco, MemeCore_ORG, and BSN strengthen the ecosystem.

- Active community: 65% bullish sentiment on X, migration from Neo Legacy to N3.

- Regulatory support in China, despite crypto bans.

- Risks:

- High volatility: a decline of 66% from 2018 to 2022, weak growth in 2025.

- Competition with Ethereum, Cardano, Solana, and other Layer-1 platforms.

- Low liquidity on smaller exchanges (HitBTC, OKX).

- Limited marketing activity reduces global adoption.

## Recommendations

- For traders: Buy when holding $5.40 (target $6.00–$7.97, stop-loss $5.20). Sell on a breakdown of $5.30 (target $4.77). Watch for volumes and news about Neo X.

- For investors: Growth potential is linked to AI, DeFi, and the Chinese market, but competition and weak marketing create risks. Await news on TVL and partnerships.

- Monitoring: Follow X (@Neo_Blockchain, @NEOnewstoday) and charts on TradingView.

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