The NEO token has seen a lot of accumulated volume near the $45 region and the currency could be heading higher soon.
The NEO token is currently trading at $45.35 and the currency could rise further if whales accumulate large volumes of the token. The Neo token has the potential to rise further if bulls can pressure prices in the future. The currency could well climb into the $50 region and beyond if volumes continue to increase in the near term.
How & where to buy Neo in Brazil and elsewhere
To purchase Neo tokens, you will need to register an account on a cryptocurrency brokerage/exchange platform. The entire process is simple and all you have to do is provide a username, password and email address. The site will ask you to verify the account as part of the Know Your Customer (KYC) regulations. You can send copies of your passport and utility bill to prove your identity and address respectively.
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What is Neo?
Neo is a complete blockchain network that supports dApps. The main token of the Neo blockchain is called NEO and generates a second token called GAS. The Neo network is popularly called the Ethereum of China.
Should I buy NEO today?
The Neo token appears to be heading for a rally soon due to high volumes. Early supporters of the NEO token can be rewarded handsomely in the future if the currency continues to rise.
The first target for the NEO token remains the $50 level and the currency could rise to the $55 level and new highs if the whales manage to establish control.
This article is for informational purposes only – none of the contents should be construed as financial or investment advice.
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