With the crypto markets picking up again, investors are looking for solid opportunities that can be profitable in the short and long term. Volumes are at a yearly high, allowing traders to jump into the markets and grab some fresh opportunities.
NEO used to be a strong contender for the top of the industry but has fallen off the charts quite significantly over the years. Bitcoin, on the other hand, has managed to remain on its throne and even increase in popularity with mainstream investors.
This article will provide some insight into both of these cryptocurrencies and help you understand whether a NEOBTC exchange is the right decision in the current state of the crypto market.
Table of Contents
What Is NEO?
Chinese-based NEO is a smart contract platform that came out on the markets in late 2016, directly competing with Ethereum. It provided a novel approach to decentralized applications, with a double token model — NEO and GAS.
Owning NEO generated GAS, which then allowed users to pay for transactions on the chain. What differentiates it from other staking platforms is that users don’t have to stake to receive GAS tokens. They simply hold NEO in their wallets or vote with them to receive bonus GAS.
Over the years, the protocol has evolved considerably, implementing future-proof solutions such as sovereign identification on the blockchain. Moreover, it has integrated native oracles and multi-language programming, making it a very accessible platform for developers.
NEO Price Forecast
While not as ancient as Bitcoin, NEO is considered a veteran in the crypto markets. It has gone through 2 bullish cycles and is currently experiencing its second bear market. However, its price action hasn’t been on par with other cryptocurrencies, making it one of the poorest performers overall.
In 2021, it reached a local high price of $120 but didn’t manage to hold onto this value. The price is currently trending at around $8 per NEO token.
This poor performance has made analysts quite skeptical about NEO’s future. While Digitalcoinprice.com remains bullish, their predictions are pretty conservative. Their assumptions range around $29.52 for 2025 and $85.33 for 2030.
Priceprediction.net, on the other hand, is a bit more optimistic in the long term. The website provides targets of $28.82 for 2025 and $174.20 for 2030.
BTC News
Bitcoin needs no introduction. It’s the first and most popular crypto, widely used on a global level as a store of value and a means of cross-border asset exchanges.
While the king of cryptos has suffered quite a bit in this bear market, the recent turnaround has allowed it to return into a bullish pattern.
BTC Price Prediction
The latest market rally has an analysis from reputable sources excited about BTC’s future price action once again.
Digitalcoinprice.com provides a bullish view, with forecasts of $83,743.21 for 2025 and $240,657.94 for 2030.
Priceprediction.net similarly targets the $85,763.24 level for 2025 and goes as high as $567,926.15 for 2030.
Where to Swap NEO for BTC?
When looking for the right solution for your assets, you can use the list of platforms that offer the most favorable conditions.
Godex
Godex is an anonymous crypto exchange that allows quick cross-chain swaps between hundreds of different cryptocurrencies. This means that you can exchange NEO for BTC in one single transaction.
The best thing about Godex is that it doesn’t require an account — you just need to visit the link https://godex.io/exchange/xch-to-bnb and enter your wallet address.
LetsExchange
LetsExchange is a decent all-around exchange that provides you with easy NEO to BTC swaps going through a third party. While its functionality is similar to that of Godex, it provides a lot fewer features such as charts or fixed rates.
SimpleSwap
As its name suggests, Simpleswap allows for a streamlined user experience when exchanging different cryptocurrencies for one another. Furthermore, you don’t have to register if you are swapping between cryptos, allowing you to keep your personal information to yourself.
First Steps in Swapping NEO to BTC
It’s no secret that NEO is losing its market share over time. With BTC being a stronger opportunity, it could be a good time to exchange NEO for BTC and get prepared for the next bullish cycle.
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