I was analyzing one of the most controversial crypto movement that occurred not too long ago with ChainCoin. The coin went from 0.08 cents to $6.84 USD in less than a week. Well, at the end; I don't know if you are familiar with this event but the movement start falling apart because many big holders start selling their coins. Some of the "leaders of the movement" said that the massive sell of the coin was created by not members of the community, (something little suspicious). At the end; many people who was part of the movement loss a lot of money.
After this fail many people start making very nasty comments in YouTube for this movement, many of them start publishing videos such as; ChainCoin SCAM among others.
Essentially this movement was intended promote ChainCoin and make people buy and hold them until the coin reach over $1.000 USD. The goal was absolutely possible (NOT for technology) but rather because ChainCoin as a very low limited supply, If everything had been according to plan we could have seen the coin reaching the $100 by now, or who knows maybe even more.
Despite the fact, I was putting this scenario into NEO! I start wondering what kind of impact could create a similar movement. I start questioning things like; what if the market cap of neo increase and extra $100.000.000 USD from this movement, just like ChainCoin. Would that create momentum and perhaps it will get more attention?
If you are a NEO holder please let me know, what you think!
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