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Altcoins Rising – NEO and Ethereum (ETH) Back in Green Zone!

NEO

The crypto markets are looking much better than yesterday, with both NEO and Ethereum (ETH) seeing green. Meanwhile, Bitcoin (BTC) is back above the $8,000 mark, after briefly dropping below on Monday. 

In fact, all top ten coins by market capitalization on CoinMarketCap are in green territory today. Not bad considering the market looked like it was entering a bit of a slump yesterday. 

NEO

NEO is currently selling for $67.76, which puts the coin up 3.84% in the past twenty-four hours. Yesterday, NEO was down, selling for $65.54 at one point during the day. 

On CoinMarketCap, NEO is ranked as the 10th largest cryptocurrency, with a market capitalization of $4,404,270,000. 

Source: CoinMarketCap

Yesterday, reports surfaced that the very first decentralized exchange is up and running on the NEO blockchain.

Further, NEO is in Lisbon today, marking the platform’s second stop on its European tour. Last week, the platform kicked off its tour in Amsterdam and announced that it will be working on a new project with Victor, a shopping platform that is entirely decentralized. Based on yesterday’s drop, it appeared the market wasn’t as excited about the project as NEO was. 

It will be interesting to see if the platform announces anything today in Lisbon. And if it does, it will be even more interesting to see if it will affect the price of the coin. Stay vigilant. NEO will move to Madrid after today, present in the city on April 20.

It’s worth keeping an eye on the NEO platform as we move forward. Why? Because the platform is always advancing, making it an appropriate platform for ICOs. 

Ethereum (ETH)

This is another coin that was selling down yesterday but managed to climb back up to green levels this Tuesday morning. Ethereum (ETH) is currently selling for $513.67. This puts the coin up 2.00% in the past twenty-four hours.

Source: CoinMarketCap

Despite trading in red territory yesterday, Ethereum has stayed above the $500 price mark, which is good news for the platform. Why? Well, the coin only moved past $500 on April 13, marking the first time Ethereum (ETH) had done that since late March. 

The latest news in the Ethereum universe comes from Vitalik Buterin, Ethereum co-founder. Late last night, Buterin voiced his opinion cryptocurrency wallets. Specifically, the lack of security that crypto wallets have. The founder tweeted to his followers (734K) that the crypto space needs to start working on designing crypto wallets that secure for regular users. He also stated that the crypto community needs to start increasing usability. 

The NEO and Ethereum (ETH) Takeaway

Both platforms should be checked on throughout the remainder of the week. Buterin has been very vocal on Twitter over the last week, so it might be worth clicking the following button on his page. Additionally, NEO is only on the first leg of its European Tour, so there are bound to be more announcements coming in the next few weeks. 

Which coin are you most surprised, or excited, about today? Personally, I am happy to see both NEO and Ethereum (ETH) back in the green zone today. 

Featured Image: Twitter

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