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.
They were too much hype but both failed to deliver their promises.
Antshares became NEO and they said they'd compete with Ethereum, all they did and are doing is visiting conference and Da Hongfei stating how much bitcoin rose and what would be the price of NEO if it rises similarly. The team even started another project with large hype called ontology which too is getting neglected.