After experiencing some massive gains earlier in the year, the cryptocurrency market has been on a sideways trend the past month. As much as most traders would like to see crypto continue its upward trend, the recent relative stability is actually a good thing for the market overall. This means that if the current support can be maintained for a period of time, it can provide fuel for another upward trend. After all, if the market continued to rise exponentially an inevitable panic sell would have been imminent.
While most cryptocurrencies are in the green today, NEO takes the spotlight as it’s up over 5% in the past 24 hours, one of the best performing cryptos today. One of the forces driving the positive momentum for NEO is the recent announcement of the launch of Phase
One of NEO’s EcoBoost program. According to NEO’s official announcement, the EcoBoost program is “designed to provide life cycle support for developers, dApps, infrastructure etc. within the NEO ecosystem. With an aim to help support the growth and…