all i know is that the volume going into NEO is unbelievably huge!
that is not normal at all. the price is also slow to move with all the drama and the dumps. if i had to guess i would say there are some stuff behind the scenes that we are not aware of yet.
possibly some whales having some insider information or some plans on a big ass pump, so they are accumulating NEO now. i may of course be wrong about this but as i said this is my only explanation of current market state.
i've followed this coin since it was Antshares and worth <1USD/coin. i think i know what you describe and i've seen the same pattern repeatedly over the last months, although in a smaller scale, for ex. before and after the july conference where the ANS->NEO rebranding was announced. i remain attached to this coin as a promising project and because it has been very profitable for me, but along its development there has been market manipulation on speed.