I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.
I can't really say what exactly is happening to neo but I think the price of the coin is falling because of competition, the competition we now have in the crypto space is so much and it's dividing the attention of investors to focus on so many coin making it difficult for a coin to grow so much in price this days until they can come up with something new in the market to make the investors take their eyes off other projects and focus on the neo blockchain.