I wanted to share my wild ride with NEO. I jumped in when it was just 20 cents, intrigued by its low market cap and unusual volume. NEO, formerly known as Antshares, rebranded, and the order books were wiped clean. This change sparked a monumental run from $2 to over $100!
But then, the Chinese government crackdown on crypto happened. NEO, heavily reliant on the Chinese market, took a hit and never truly rebounded, now lingering under $10. It was a rollercoaster that taught me a lot about market dynamics and the impact of regulatory decisions.
Have you had similar experiences with crypto influenced by government policies? Let's discuss how external factors can drastically affect our investments!