Talk about some nice growth for the entire Cryptosphere! Wow. Truly an exciting time to be alive, is it not? Looking at the Top 12 from CoinMarketCap we can see that Bitcoin is stabilizing around $3,300–3,400 along with the overall market cap, currently sitting at just under $124B, the current overall high is $124.87B which was reached earlier today, August 10th.

Taking a deeper look at the overall market cap below, we’re currently on an uptrend as far as market volume — I’ve been looking at the market cap and it’s been growing to the current $123.97B…could see another record today. If you’re holding cryptocurrency, now is a time to be extremely CAUTIOUS with your holdings. Meaning, do your own due dilligence and make sure you’re paying close attention to the prices and which prices they are on the exchange you’re using compared with others. Now is a time you can lose a lot of money if you buy the right coin, but the chance to make much more is present as well.

NEO Experiences Over 200% Growth Past 7-days

CoinMarketCap

NEO is a major reason for the exciting past few days — the re-branded Antshares has simply made Rocky-esque comeback of the past couple months. Looking at the chart above, NEO was $10 just 7-days ago…now fluctuating between $35–40, depending on which exchange you’re on. The 1-month chart makes you hurt even more…sitting at just $5.29 per token. Yup, 3-month chart is even worse where each token was sitting at just $0.46 each.

I think any of us would have taken loans out to purchase 10,000x of the NEO token had we known this would happen, but obviously that kind of thinking is toxic as a trader. What’s driving this 80x 3-month growth spurt? The re-branding of Antshares to Neo Smart Economy

The leadership team behind the re-brand of Antshares to Neo Smart Economy is simply genius with their re-branding approach all the way through to their launch of the fresh open-source blockchain. Take a look below for a word on their re-branding from the Neo website:

Clicking the ‘A Better World’ button, the below text appears:

In this new Smart Economy, a paradigm shift from the “Internet of Information” to an “Internet of Value” is taking place. This will allow for seamless integration of the traditional economy and digital economy, facilitating the free flow of all assets. Exchange of value and economic activities are provided in a trustless mode. The rules, policies, and organizations of traditional society will be rightfully transparent and fair. This is an “Internet of Order” and the ultimate goal of NEO Smart Economy.

Disclaimer — I’m a NEO holder, but unfortunately bought in at $25+. Speaking as objectively as possible from an entrepreneurial standpoint, this team rocked their launch. So many people have been calling it the “Chinese Ethereum” for sometime and after the over 10 hours of looking into this token, downloading wallets, and speaking with community members….it’s…it’s more conducive to explosive growth. Even down to the fact that every NEO block (avg. 30-seconds) I receive 0.00000008 GAS per 1 NEO I hold. One of their wallets even has a countdown for each block you’re rewarded for — in the world of instant gratification, I’m sure many of you would like to see your account grow by the minute, or half minute…that does not happen at my bank. Yours?

Oh yeah, I didn’t mention…take a look at GAS’ price and growth:

That’s it for now — I’m going to get back to scanning the other Top 100 coins to see what’s going on and what exciting news I can bring YOU! Please give me a follow or share on this article as we continue to grow our Cryptosphere community! (PS my next article will come out in the next couple hours and include some NEO-GAS earning projections based on different levels of NEO holdings!)