Litecoin has been giving up its positions in the past days, as its price stagnated once again to a range of around $180.
NEO has taken center stage again, as it displaced Litecoin (LTC) in another re-arrangement of the top 10 at CoinMarketCap. NEO may turn back and fall in the charts, but the loss of positions by Litecoin has become more significant, as newcomer digital assets are displacing it in value.
For a while now, Stellar (XLM) has also held up a higher market capitalization compared to Litecoin.However, Litecoin still has a wider user base, and the discrepancy in market capitalization does not tell the whole story.
It is notable that NEO and XLM are two assets that held better in the latest asset sell-off. NEO has held up well above $150, and XLM is, for now, stagnant, but has shown possibilities of rising to $1.
The price of NEO has held up quite well despite the recent hack at Coincheck. This time, the crypto market remains hot enough that it could absorb the loss of $600 million's worth of assets in stride.
In the case of NEO, price movements remain to a large decree a form of speculation. Yet NEO will run its Devcon in the following days, possibly attracting more developer talent and gaining prominence gradually.
NEO has modeled the conference after the same format by the Ethereum platform.
A project I'm looking at: . It's essentially LinkedIn on the blockchain. Partnerships with , Ontology, Carnegie Mellon University, University of Berkeley. Headed and founded by Steve Chen, cofounder of YouTube. 38M MC and just listed on Huobi.
Platform projects like NEO still need to develop the best approach to smart contracts, and the Devcon would be a major driver in the next few days or even weeks. NEO will still have to increase the number of ICOs and projects, but it has managed to move in a pattern not unlike Ethereum, at least until now.
Bolbhai

Bolbhai

I have been a developer for last five years working experience in different technology, apart from this I loved traveling, blogging and exploring the crypto world.

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