With the China regulation fear behind us and all the turmoil included, crypto prices and the community is looking for forward movement.
Neo - formerly known as Antshares, in a couple of minutes declined for approx 25 percent of price from around $40 to almost the major support mark $30 two times in a row.
As many Cryptocurrencies are created and discovered by us making the company behind them part of the trading process, only a few make it to stand out. For the moment, taking all the rush on its side is NEO (formerly known as "Antshares") or Chinese answer to Ethereum.
Chinese Authorities regulations in relation to Initial Coin Offerings or known as ICOs has a high chance of being positive news for NEO - formerly known as Antshares or The Chinese Ethereum.
As many know, "Gas" is required to get a transaction done in Ethereum Network or in the Bitcoin Blockchain Network Mining fees do. But, now the hype taking cryptocurrency formerly known as Antshares - NEO includes its native asset named GAS (formerly known as Antcoin).
At the Shanghai International Convention Center, in gathering held between digital currencies and blockchain network supporters and followers - Da Hongfei the founder of NEO ("Antshares") and the head of Biz Dev for OnChain Zhao Chen (Johnson) left their take on the matter there.