Less than 100 days ago you could have bought Antshares (ANS) for just $0.15. June 20 it hit an all-time high of $11.70 for a whopping gain of 7,760%. Since the massive run up it’s traded down, now at $5.75, but still up overall 3,733%.
While it may be volatile in the short-term, I think ANS has a lot more room to go higher.
Antshares just had a big conference held June 22 at Microsoft’s headquarters in Beijing.
The event was well attended and included Antshare partners, big companies like Microsoft and Alibaba, potential investors, and the press.
The big news from Antshares founder and CEO of OnChain (the company behind Antshares) Da Hongfei was that Antshares was rebranding to NEO. So in the second half of 2017 all ANS shares will turn into NEO shares.
Hongfei envisions a new smart economy built around the NEO blockchain. He announced he’s working on a new multi-chain protocol for interoperability.
NEO also announced new startup partners including Bancor, Agrello, Coindash, Nest Fund, and Binance.
So there’s a lot of exciting new developments for Antshares, excuse me, NEO. It should be in the news a lot for the rest of 2017. It owns half the supply so it’s cashed up. And it could be the biggest public blockchain in China. At a $288 million market cap as I write, it’s a steal.
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