NEO which is said to be the leading cryptocurrency in China and ICX for Korea hasn't really been trending recently even with development updates. I've come to realise that most altcoins see price spikes because of hype especially from influencers or upcoming news or market manipulation and not how great the project is. I've been following NEO and ICX and I'm really impressed with those projects, but their development updates doesn't affect price positively. What could be the reason behind this? I will like to hear your opinions if you still believe in those projects.
ya NEO was like a top pick of mine in 2018, kinda sad its gone flat, tho, the chart kinda looks the same as most coins over last year or two
the reason? they were all mostly just cash grabs tbh hahasome whales made a killing pumping and dumping big cap coins in 2018
NEOs big score is the GAS, i have some NEO from the ICO (when it was Antshares), and the gas is a nice passive income, kinda like a masternode or PoS coin, you get GAS just for holding NEO