Below are the price charts for Antshares and Ethereum on The Ethereum chart is from September 2015 – May 2016. Taking a quick look at the charts there are some striking similarities.

Screen Shot 2017-07-06 at 9.02.23 PM.pngScreen Shot 2017-07-06 at 9.04.18 PM.png

First and foremost, both coins had very quick rises in prices that lasted for about a month. The rise in price was due to immense speculation for both coins, and with that said, both prices grew to high to quickly. Resulting in the market then correcting for each coin. Oddly enough, both coins peaked at about $14-$15 during their initial price increase and then fell. They both fell to a price range between $5-$7.

Ethereum stagnated in a price range between $7-$15 for nearly a year before its historic rise. It never fell to far and never rose to high, and this was because the technology behind the coin was solid, but there were limited people using it and talking about it. With that said, once legitimate news began to come out regarding Ethereum the price skyrocketed. (For example the Ethereum Alliance being created)

Antshares / NEO is in an eerily similar position, as it has solid technology behind the coin that will keep the price stable. We can see the stability in the graph above, as Antshares / NEO has been able to stabilize at a price point close to $8. In the long run, as legitimate news becomes released regarding NEO / Antshares, there could very well be a similar jump in price similar to the one we are all familiar with that happened with Ethereum. The first legitimate news to increase the price may very well come on July 15th during the conference.

For more discussion on this topic: