This Cryptocurrency Surged 11% Higher Today, Pole-Vaulting Into the Top 60

Today's been a relatively muted day in the crypto world. However, certain tokens are seeing outsize moves. One such token that's worth taking a look at today is Neo (CRYPTO: NEO). As of 2:40 p.m. ET, this token had surged 11.3% higher to move into 59th place in the cryptocurrency market cap rankings. 

Among the key drivers taking this token on a wild ride higher today was news of Neo's first-ever monthly tech report. This report highlighted progress made on several roadmap items the Neo developer team has been working on for some time. These included a range of bug fixes, as well as new resources and support for developers utilizing Neo to incorporate smart contracts into decentralized applications. 

Image source: Getty Images.

Continue reading

Source Fool.com