NEO Price Analysis – Diminutive on-chain activity and a high degree of centralization

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NEO ( NEO ) is a decentralized smart contract network which is currently 21st on the BraveNewCoin market cap table . NEO is down 96% from the record high established in January 2018, with a current market cap of US$520 million, and a total of US$184 million in trade volume over the past 24 hours.
A quick comparison between coins using similar consensus mechanisms shows that NEO is in the middle of the pack for most metrics shown below. NEO…

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