In the cryptocurrency market,
NEO Coin has experienced a tumultuous period. It reached a new five-year low following a weekly loss of 33%, a situation attributed to the NEO foundation's actions. Conversely, the coin reported a 26% climb in a week, yet a bullish trend shift remains uncertain. As a highlight, NEO's bond program led to a spike in GAS, and the launch of NeoUltimateShop after a successful proposal lifted spirits.
Meson Finance integrated with Neo X, offering increased cross-chain accessibility.
Consensus Hong Kong welcomed Neo as a sponsor, and it's planning to showcase Neo X projects. In other news, neo-privateers are being hailed as potential solutions to hacking problems in the crypto space. One event that raised brows was the exploitation of neo-bank Infini for $49 million, resulting in hacker ultimatum. Despite these challenges,
NEO continues to innovate with various projects, for instance, the launch of xUSD, a stablecoin backed by USDC and USDT, on Neo X. It is also important to note that various price predictions for
NEO, spanning from the year 2025 to 2031, have painted a picture of steady gains for the cryptocurrency.
NEO Coin News Analytics from Wed, 31 May 2017 07:00:00 GMT to Wed, 07 May 2025 04:10:31 GMT -
Rating 0
- Innovation 6
- Information 8
- Rumor 2
