We cant deny NEO and its price . It is POS based smart contract creation platform already in a place . Also having max supply limit of 100 million it is the current status
But my assumption ( There is no Proof) . As it is a china based smart contract creation platform china already looking for USD alternative also in the run of competing with USA and its alies . Ethereum already known to be USA investment . May china start investing and promoting NEO instead of developing new . Its just a possibility . So we cant simply ignore neo.
The Chinese government is already releasing their own cryptocurrency, so they are not taking NEO, although that doesn’t mean that people will leave NEO to start investing in the digital Yuan. We don’t know what or how the Chinese cryptocurrency will look like.
So, we can’t be judging ahead of time, it’s better to wait till the time it’s released and we can start comparing it to others there is. And as for NEO, I know it’s a good cryptocurrency, but we can’t really predict where it will be heading next in the future, that’s if there wouldn’t be another cryptocurrency that will take its place.