The ONLY top cryptocurrency to SURGE this week: Bitcoin rival to become 'FASTEST-GROWING'
NEO, which has been the 'fast-growing cryptocurrency' since the year began, was the only digital currency to surge this weekend.
Expert: Cryptocurrency NEO rallies but Bitcoin and others fall
Bitcoin, Ripple (XRP) and ethereum have all suffered slumps and bearish results in the past week - while one "next-generation" digital currency has been breaking records.
The NEO price has been rampaging ahead in the markets, and, this past week, became the only top ten cryptocurrency to rally.
NEO price has been rampaging ahead in the markets
NEO can process transactions far more quickly than ethereum, ripple and bitcoin
NEO reached an all-time high of $160 while its major rivals like bitcoin, etherem and ripple either dropped or experienced minimal growth.
According to News BTC, many traders hope to see a NEO price of $250 by the end of the month.
The latest rival in the booming cryptocurrency trade was created by Chinese developers as a "next-generation smart economy platform".
The currency, which is called the 'ethereum of China', has a key advantage over its rival - transaction speed.
Bitcoin, ripple, ethereum and other notable cryptocurrencies have all suffered slumps in past week
NEO can process transactions far more quickly than ethereum, Ripple and bitcoin.
The Chinese cryptocurrency recently surpassed $10 billion in market value - depsite coming from a country that has cracked down cryptocurrency trading.
Experts claim that NEO is "only just getting started" - with recent sky-rocketing growth "unprecedented" in the market.
In the past 24 hours, NEO witnessed another 20.29 percent price increase - growing 19.98 percent against bitcoin.