NEO in Headlines with Mysterious “First Step of Decentralization” Announcement


NEO has announced its first step towards decentralization that is going to hit the market in a few hours. The NEO community is ripe with excitement and anticipation as its prices surge well over 12 percent becoming the highest gainer in the top 20 coins.

The “Big Reveal”

NEO has announced its first step towards decentralization while signifying it as the new era of NEO ecosystem that will be unveiled tomorrow. Notwithstanding the fact that the team didn’t reveal any other detail as to what it is going to be, NEO community is elated and extremely bullish.

The mysterious but highly anticipatory announcement does mention the date of the “big reveal” which is July 4, 21:00 (GMT+8).

Everyone has been left guessing what step is this as one user commented on Twitter, “English translation seems to be beneath. So it stays a mystery until tomorrow either way.” Another NEO enthusiast Hong songkong asks, “what it mean?”  

Some did venture a guess and came up with “Nodes”. While a Redditor MOzil85 stated, “Decentralization and neo becoming divisible. That’s progress. And we ain’t done yet.” The community might not be able to figure out the big reveal but everyone is bullish on NEO and waiting for its prices to skyrocket.

So until tomorrow, it remains a mystery but what isn’t is the surge in NEO prices.

Also, read: ICON [ICX] Updates its Achievements and Progress for 2nd Quarter

NEO surges well above 12%

At the time of writing, NEO has been at $37.29 with a surge of 12.84 percent in the past 24 hours as per Coinmarketcap. In the BTC market as well, it is running in the green with a rise of 8.80 percent.

The world’s 12th largest cryptocurrency has taken a good surge while managing the daily trading volume of $164 million. With a market cap of $2.4 billion, Neo is the highest gainer in the top 20 coins at this moment.

This month has brought a good start for the NEO cryptocurrency as from July 1, it started rising upwards as shown in the chart below.

NEO which has been generally called the “Ethereum of China” has been one of the best performing coins that offer the platform to build the Dapps. Another highlight of NEO is the “City of Zion” which is an open source and independent community of developers designers and translators that work dedicatedly toward the betterment of NEO. It has already many developments such as NEO wallet and portal credited to their part and still working on more.

Now, as NEO set to release a huge step into decentralization, it will further make its way to dominate the crypto market and surge over 100% in near future.

Are you excited about the mystery announcement NEO has scheduled for tomorrow? Do you think this will see NEO price hit $50? Share your thoughts with us!

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Written by Partyush Goyal @ July 3, 2018 Partyush Goyal

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