Neo slumps 35%: Foundation denies sell-off, probes massive Binance transfers

NEO’s price dropped by 35% from 8.00 USD to 5.00 USD between March 24th and April 1st, 2025. This decline is attributed to massive sell-offs and the NEO Foundation’s investigation into suspicious Binance transfers.

The recent market behavior has raised panic among investors, with an increased selling pressure. If this trend continues, NEO’s price could fall further below 4.50 USD, resembling levels last observed in June 2017.

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