The crypto market has its ups and downs (especially right now) but for today, let’s take our attention away from that volatility and focus on something positive. NEO (NEO) is in the midst of some major developments. Hence a bullish run for the promising company is on the way. Not only is the great news for investors but excellent for new exchanges such as Kelvin.
NEO BULLISH RUN: RESTART ENERGY
What’s the secret behind NEO’s market cap increase? One reason is related to Red Pulse (RPS). This is the first NEP5 token listed on the NEO platform. Furthermore, NEO got a nice bump from being listed on the Cobinhood exchange. However, the real meat of this market cap increase has to do with Restart Energy. The company’s CEO and advisors set out on a tour of Europe to meet with investors and potential partners. Furthermore, they attended the Conference Blockchain on Smart Economy hosted by Restart Energy. There, NEO came to a new revelation that will “democratize the energy industry.”
NEO BULLISH RUN COMING SOON: BLOCKCHAIN INNOVATION
Restart Energy Democracy, which is funded by Restart Energy has over 27,000 households on its growing list of customers. Furthermore, there are also 3,000 corporate clients. Hence, this will provide a great opportunity to NEO now that they are partnering with Restart. Restart wants to use NEO as their entryway into China. China is very much invested in clean energy these days and with NEO acting as the middleman, this could mean great profits for the company and all parties involved.
NEO BULLISH RUN: INSIDE THE FACTS
At the time of writing this, NEO is trading at around $46 dollars. It’s come a long way down from it’s previous high but since the whole market is in a bearish run right now, that’s to be expected. However, the top crypto experts see a bullish run coming in 2018 that will take NEO to $120. As a result, this is great news for all the up and coming projects in 2018 like Kelvin. As the market sheds some of those worthless altcoins, truly innovative projects can shine and make cryptocurrency more legitimate for all.