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from my side i like neo. though their market situation are not good at all. but i hope it will come back on its track soon.
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You have rightly said that the frauds are trying to control the market. And the new investor are feeling hesitant for fraud's works, so do not be deceived, keep your BTC, check the market you will get the benefit.
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Yes it can, because Neo is a good project. And the future of Neo's is very much bright. Many investors are expressing interest in investing in Neo and they are investing now because it has more profitability and capacity to go to the highest level.
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This is a common factor in demand theory in the economy when the ICO price increases, the demand will decrease and the ICO price will decrease when demand increase.
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