Neo (NEO) And Ripple (XRP) Trapped In Regulatory Net While Collateral Network (COLT) Predicted To Achieve 3500% Growth

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Crypto bulls have been drawn by a new project, Collateral Network (COLT), due to its massive growth prospect. The presale of Collateral Network (COLT) is predicted to give 3500% profit to investors. 

Thus, bulls are investing heavily in Collateral Network, and its COLT tokens are selling fast. On the other hand, the future of Neo (NEO) and Ripple (XRP) is lingering due to government regulations.

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Since Hong Kong announced that it would make the buying, holding, and selling of cryptocurrencies legal, Neo (NEO) has been going upward on the price chart. The price of Neo (NEO) is up by more than 14% on the monthly chart. As a result, the trading price of Neo (NEO) is $12.15 at the time of writing.

However, Hong Kong is not the only reason behind Neo’s (NEO) strong performance. The ease in China’s hostility toward cryptocurrencies is another reason that has helped Neo (NEO) rise. Neo (NEO) has its roots and stronghold in the East Asia region. So, the events taking place in Hong Kong and China have made a big impact on the growth trajectory of Neo (NEO). However, Neo (NEO) is still 94% below its peak price of $196.85, and it needs to sustain its growth momentum for a continuous period to reach its all-time high again.

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A new update has emerged in the ongoing lawsuit between SEC and Ripple (XRP), fueling optimism in the investors' community. Recently, crypto attorney, Bill Morgan, revealed that SEC’s experts have stated that Ripple’s (XRP) price movements were 90% influenced by Bitcoin and Ethereum. According to Morgan, this nullifies SEC’s claims that Ripple controls