Ethereum is pumping and nearing an all time high as the ETH blockchain will experience "Metropolis" soon, a system wide upgrade that will include other upgrades named "Raiden", "Casper", and "Ice Age". What exactly these upgrades will do is a question better left to Google but word is that because of these upgrades Ethereum is and will continue to boom.
NEO formerly Antshares or what some called the Chinese Ehtereum suffered a sharp drop in price yesterday after the Chinese government announced it's intent to a crack down on ICOs. In wake of the announcement, Red Pulse the first ICO set to launch on NEO announced yesterday that they will NOT to allow Chinese citizens to buy into the ICO. Now with the price of NEO closer to $30 some speculators are asking whether NEO is undervalued and if its a good time to buy in.
What do you think? Will ETH hit $400 this week? Is it a good time to buy NEO? Leave a comment below.
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Books to read:
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations
Bitcoin: What You Need To Know About The Cryptocurrency
*This is not investment advice. Please buy, trade, or invest, at your own risk.