How NEE’s Future Like After Covid-19?

The beginning of 2020 was a quite positive signal for the money 4.0 market, the total market capitalization at that time peaked at 190 billion USD, which was on the rise so investors and experts expected it to go even further. Especially, market sources also said that the capitalization figure could reach $300 billion by February.

But the unexpected thing happened, the Covid-19 pandemic was discovered and quickly spread around the world, adversely affecting the economy in general and the money 4.0 market in particular. Specifically, the money 4.0 market capitalization has evaporated by 70 billion USD, destroying the efforts of the entire previous market. Will the consequences of Covid-19 affect NEE’s future?

NEE Growth Despites External Impact

If you have followed NEE, you also knew that it was issued on the IEO model in June 2020, over the first 3 months, This coin has grown strongly. Statistics show that the average growth over each month is 14.5%, respectively 12.5% ​​in July; 14.3% in August and 16.7% in September. According to some analysts, NEE’s future could reach $10 if it keeps up the same momentum.

The good news for investors is money 4.0 is not only on its way to recover, but it is also making a very strong breakthrough, continuously setting new milestones. Specifically on August 22, the total market capitalization of money 4.0 market peaked at $215 billion. The rapidly increasing capitalization in recent times is a testament to the intrinsic value of the market and it also shows the potential for sustainable development. This will benefit and support the growth of NEE’s future.

In my opinion, the capitalization will continue to increase and will likely surpass the $300 billion milestone this year thanks to the efforts of countries to control the disease and increase investor confidence. return.

Factors That Support NEE’s Future

To evaluate the potential of NEE, It depend on factors such as: Price; community; Market cap, 24-hour trading volume of this coin.

• Price: Not the most important criterion but indispensable when evaluating the potential of a coin, high price does not mean great potential and vice versa. A potential coin must have a price relative to its rate of development. NEE started to release to the market at a low price of only $0.006, but the growth rate is very impressive, averaging about 15% / month.

• Community: A coin with a large and dynamic community will be a great condition for growth in the future. As the coin’s coverage increases, more investors will be interested and of course its potential value will also increase. The original strategy for NEE was growth in Asia’s market, where an up-to-date population of more than 4.4 billion people. Currently it is being popular traded in countries such as India, UAE, Philippines and Vietnam, so it can be said that thera are many people knows and trades NEE.

• Market capitalization: Calculated by multiplying the total number of coins in circulation by the current value of a unit. Market cap is the most basic measure of the strength of a coin at the present as well as its potential in the future. The number of NEE issued is 10,973,936,895 (more than 10 billion units), currently according to the updated number at the time of writing, there are over 600,000,000 (more than 300 million units) -> 5.4 million USD. This number is quite modest compared to well-known coins in the market such as Bitcoin, Litecoin, Etherium, but due to the release time of only a few months, the figure of USD 5.4 million can be considered as a potential number.

• Volume 24h: The index represents the total 24-hour trading volume, this indicator shows how attractive the coin is to investors in the market. High volume means that the trading market of the coin is very active, good liquidity and in contrast, low volume shows that people are not interested in it. The increasing number of people know and come to NEE, which also makes the NEE coin trading market more vibrant and liquid. Recently, according to the record, the highest day of NEE with volume reached $475,000, a positive signal. It is predicted that NEE’s future will have a much larger volume than the present.