Re: Why Neo is going all the way down?

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

After every hyped fork, there is a corrections. This happens with NEO now, but already happened with NTX, ETC, etc.

It's normal market reaction to the dumped coins.

Does this means that NEO will still go back or recover the price? What do you think with this? I am hoping that NEO will still have the chance to go back with its normal price again just like what bitcoin has become this year, I know that before the end of the year the price will gonna multiply again.

IMO it will recover in a few months and then we will see new ATH. Many new projects are considering NEO as a platform for their ICO instead of ETH.
ETH and NEO will be the total masters of ICO market in next 12-14 months.

Just like Bitcoin, Eth I am just holding NEO too, I also believe in the power of China that they do have plan foe NEO so just hold your it as much as you could, yes many plans awaiting in it so it will definitely increase in value again in the coming months.