There's been a lot of buzz and hoopla about NEO's big announcement coming up in 2 days from now.
There are several attempts at a translation, but they vary a bit. Effectively it seems there's just a bit of hype and build-up rather than meaningful content so far:
As a result, prices are on a tear as speculative investors stack NEO in hopes that it WON'T turn out like Ripple's announcement from August 24th which flopped. Now with NEO prices up well over 50% in the last 24 hours and Gas as well correspondingly, investors are looking for a payoff.
Some speculate it could have something to do with China easing their strict regulations on their outright bans from the summer, which sent prices plummeting (temporarily...you just can't stop crypto...). Others think it might have something to do with the NEX white paper release, which will detail its upcoming decentralized trade exchange and payment platform, which is desperately needed in the space right now and is sure to the be the flavour of the month.
Whatever it is it'll likely be announced at the Swissnex China “Future of Money” Fintech series Nov. 21st: http://www.swissnexchina.org/en/event/future-of-moneyseries-coming-to-china/
What do you think is coming down the line? Are you buying more? Watching from the sidelines? HODLing?