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.
Right, many altcoins pumped because of the hype that their marketing did and it's all effective because many blind investors are investing to those altcoins that they didn't even know the vision, goal and what it is all about. I've known NEO because of the GAS that it provides to its holders. I think it became quiet not because of the gone hype but because of the market's presence seem to be silent and low today.