I think because whales have been sell in big amount.of coins , and all crypto going down hard. All price of altcoin back to early of last year, and this is sign for bull market is near. The best thing to do now is keep patient to wait for bullish trend because i believe this will be coming soon.
Just everybody seems to be dumping not only this but many other coins as well due to which price of many good coins have come down. But we must see this as an opportunity to buy at cheap rates as you may not get it otherwise and buying at high make no sense.
First of all neo was a bit pumped. Then the market totally went into a crysis. This affected neo very seriously at the end. It's not all about neo and the others are also bleeding now. Neo is still a good project.