The cryptocurrency market is rebounding this morning, as the market took a rough turn last week. In just a few days time, it dipped over $100 billion to a low of $417 billion. At press time, the total cryptocurrency market cap is just over $447 billion. NEO and GAS are current crypto leaders in the market this morning, and almost all coins within the top 100 are seeing percentage gains.

NEO & GAS

Source: CoinMarketCap

NEO soars on the market today as it has broken a major record in the cryptocurrency space. The most respected investment rating bureau, Weiss Ratings, gave NEO a grade above a B+ in their last reports. No other cryptocurrency on the market has broken over a B+ rating. Weiss currently grades everything from stocks, insurance plans, and even financial services, since 1971. Due to its long-standing history, it is the most respected authority on the quality of each cryptocurrency models and projects today.

As many traditional investors have now dipped their toes in the market, many take advice from the Weiss ratings and many must have caught wind and read the report this morning, thus the spike in NEO’s price. At the end of January, NEO received a B- grade by Weiss and at the time Bitcoin (available on Coinbase), the original cryptocurrency, only received a C+. Weiss still gives warning that there is no safe cryptocurrency to invest in, their website reads; “every grade issued by any rating agency is ultimately an opinion, to be used by the public in the context of opinions from analysts, developers, and users.”

At press time, NEO is trading at $136.03 a coin, up 17.25%, in 24 hours. If you’d like to invest and trade for NEO you can do so on UpBit, Binance, CoinEgg, Bitfinex, Bittrex, OKEx, and Huobi.

The coin that powers the NEO blockchain, GAS, is also seeing major gains. GAS is trading at $42.00 a coin, up 15.79%, in 24 hours.