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
I will agree that NEO is really a good and solid coin. And there is a lot of hype around it and up to this day it remained in the top ten.
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.
Yes, it is a China based smart contact and has been in the crypto space for so long already. In the beginning it was said to be the Ethereum Killer, but up to know it didn't live to it's up. And it doesn't matter if it's China or US based. Ethereum has been the prime mover and it's hard to challenge it, despite so many good alternatives out there. And with Ethereum 2.0, it will be hard for others to remain relevant because for sure, it will push the price of Ethereum with this new release in July.