I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???
You can see that the price of NEO at the moment is showing signs of continuous decline, partly due to the general effect of the market is down, the price of NEO is dreadfully price floors are always terrible. Tend to go in the direction of bitcoin. One of the most important issues affecting NEO's price is the NEO-based ICO project that is experiencing bugs and can not fix, I think this is the main reason for NEO price drop.
I do have to say I agree. On some areas.
At the moment, the market is down and NEO, on it's own, is not steady enough to hold so it's dropping with the "doublebitcoin ratio". This twice the bitcoin speed thing is experienced through-out the altcoins as a general bear season.
I believe the ICOs are the only chance NEO has got. The more successful ICOs on NEO, the more marketing for NEP-5 tokens, the better.
On the long run, NEO is 100% mooner IMHO