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💎Has the Time Come to Purchase $NEO ? New Blockchain Project Drives 40% Price Increase
💎The #NEO native token has had some of the best increases of any top 100 #cryptocurrency , with a 40% increase in the last week and 16% in the past 24 hours.
💎Although NEO's rise seems to be moderating, the price is still hovering around $19.89.
💎Earlier this morning (UTC), the token saw intraday increases of up to 40%.
💎NEO is designed to facilitate the application of smart contracts in the digitalization of assets, identities, and asset management procedures.
💎Today, NEO isn't the only early adopter. Just like Toncoin, TON is soaring. With a 17% increase overnight and a 36% increase for the week, the native token for the blockchain spinoff of Telegram is now trading at $6.84. Two powerful private blockchain initiatives that have yet to break into the public are NEO and TON.
💎In the meanwhile, the two market leaders' increases were spearheaded by Ethereum (ETH). The price increased 0.8% overnight and 8.6% over the last week, reaching $3,633 on the morning of April 9, 2024, UTC.
💎Bitcoin (BTC) decreased 2% in the last 24 hours, but it's still 6.6% more expensive than it was last week at $70,466.
💎The previous three months of trading for NEO have been a roller coaster of wild swings, with the line displaying broad, unpredictable rallies, sharp, severe falls, and an overall rising trend.
💎Though it seemed to lose momentum a fortnight into March, NEO, like the rest of crypto, started a significant surge in early March.
💎Author: TradingViewAlthough the Relative Strength Index (RSI) for the token reached 90 last night, the 40% jump that occurred last night was by far the most abrupt price change on the chart. The ephemeral number helps to emphasize the extent of the purchase, as 70 is the threshold for a "overbought" item.
