The Foundation of NEO altcoin was trying really hard on creating the most secure network, which supposed to be fully decentralized as well. has for the longest time been working on ensuring that the network is fully decentralized. The latest from the organization is that is ready y decentralized at least four of its seven nodes. NEO has seven nodes in total, five of which are controlled by the NEO Foundation. One of the node is currently open for application.
In a press release on December 5, the network said that the decentralization will take place using a “selection process.”
How such news reflect the NEO value at this hard moment in the crypto market?
Well, as others it is not experiencing good times in general, following the downward trend. At the time of writing NEO is trading at $5,70 following a 7.64% drop on the day. The $409 million cryptocurrency has a 24-hour trading volume of $131 million, a circulating supply of 65 million NEO coins and a total supply of 100 million NEO coins.
The news of course, suppose to have a good impact on the overall image and of course value of NEO, hoping that in the coming 24 hours we will see an upward trend to be traded in the range from $5,7 to $6.
In a press release on December 5, the network said that the decentralization will take place using a “selection process.”
How such news reflect the NEO value at this hard moment in the crypto market?
Well, as others it is not experiencing good times in general, following the downward trend. At the time of writing NEO is trading at $5,70 following a 7.64% drop on the day. The $409 million cryptocurrency has a 24-hour trading volume of $131 million, a circulating supply of 65 million NEO coins and a total supply of 100 million NEO coins.
The news of course, suppose to have a good impact on the overall image and of course value of NEO, hoping that in the coming 24 hours we will see an upward trend to be traded in the range from $5,7 to $6.