Great question, and I agree. The only thing I can think of is if China's regulations make it impossible for ETH to be used there... but that seems unlikely right now.
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Great question, and I agree. The only thing I can think of is if China's regulations make it impossible for ETH to be used there... but that seems unlikely right now.
So investors are just speculating that NEO takes root in China as ETH and other cryptos are pushed out?
I have no idea what investors are speculating on lol.
It's worth mentioning that just because a token is valuable doesn't mean the protocol has legs - I've seen full scams (FirstCoin) in the top 50. And many people think BitConnect is a scam as well... I haven't researched it yet, so I can't speak to that one.