Weekends often result in unusual phenomena where cryptocurrency trading is concerned. Several markets have risen by over 30% in value today, even though there is zero reason for any of them to do so. The NEO Gas price is currently on quite the tear, as its value continues to rise. A peculiar development, as this utility token has now re-entered the market cap top 100.
Gas Price is Moving up Swiftly
In the cryptocurrency world, there is hardly ever a boring day. Although not all market momentum might make sense at first, one sometimes has to take the profits when they materialize. In the case of NEO’s Gas, it seems a lot of profit has been ripe for the taking. Following monster gains, one has to wonder if there is much room left for even further upward momentum.
Over the past few hours, the Gas price has risen by over 40% in USD,…