A few days ago, Antshares or ANS held a conference introducing their rebranding strategy where ANS became NEO... a lot where somewhat apprehensive due to unmet expectations of extravagance causing the price of ANS to plummet down to $5.50 per coin.
A few days prior to that, ETH blockchain reached its maximum performance capacity due to the recently held STATUS ICO that raised 300,000 ETHs, which caused its nodes to get clogged and a lot of backlog transactions to be slowly processed.
While all of these are happening, someone from GDAX dumped (sold) millions of dollars worth of ETHs causing a series of chain reaction that crashed ETH price to $0.1 for a brief time - making a small $350 investor into an instant millionaire.
As of this writing, ETH holders over at Bittrex can't seem to sell their coins at a higher price, while the bears and the bulls at ANS don't seem to budge and have an agreement whether to keep agreeing to buy so the price go up, or keep agreeing to sell so the price go down.
