Hey guys, woke up early this morning to read some news going on for $NEO as far as the Red Pulse ICO not allowing Chinese citizens to participate due to new Chinese regulations. This really has caused alot of FUD around $NEO and the price is reflecting it. However I feel this is just a quick setback. Still long on $NEO!
Just to correct myself the quick price rise for Monero was due to the rumors of it being listed on Bithumb exchange. Small Verge run up had nothing to do with that :)
Reason for Price drop in NEO:
http://usethebitcoin.com/regulations-in-china-regarding-icos-affect-neo-price/