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RE: Let's take a look at NEO and the DAPPS getting started on it

in #crypto6 years ago (edited)

I invested in Neo (about 5% of my portfolio) and I've been a bit confused by the market over the last few months as it seems like good news for Neo keeps coming out and steady development progress is being made, but the price has been flat to slightly down-trending over the last 90 days.

Any thoughts on why we aren't seeing more of a bull market? Relative to BTC the price of Neo is about 1/2 of what I bought it at a few months ago. Relative to USD it is flat. Its lagged so far behind other cryptos that it is down to 13th in market cap after being 6-8th.

While its true that Neo went from 8 to 36, if you'd invested in BTC over that same period you'd be doing much better.

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Relative to USD it is flat.

That's usually a good sign of accumulation in cryptos, especially with bitcoin moving so much lately.

Steem has also been around $1 for a long time now.

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