Today's NEO Price Summary
NEO's price today is $11.16 USD, with a 24-hour trading volume of $81,144,413 USD. NEO is down -10.34% in the last 24 hours. NEO is currently ranked #118 with a market capitalization of $792,338,809 USD.
Ranked # 118
Price
$11.16 (-10%)
All Time High
$198.38 (-94%)
Market Cap
$792,338,809
Volume (24h)
81,144,413
Circulating Supply
70,530,000 NEO
About NEO
NEO can be said to be an Ethereum alternative, and for good reasons. Both of them are blockchain-based and offer smart contracts, albeit with some programming differences. With Ethereum, you will need to learn Solidity, while in NEO, there a special API that allows DApps to be coded in almost any language.
Within the NEO platform, there are two tokens. NEO and GAS. NEO confers ownership rights, while GAS is used as a form of payment when for example, a smart contract of a DApps is a run of the platform. It utilizes a special protocol called delegated Byzantine Fault Tolerance protocol, dBFT, for transaction verification. To make transactions fast, the NEO platform has specially selected nodes called bookkeepers who are paid in GAS.
To actually this, NEO utilizes what is known as Digital Identity; without it, smart contracts cannot work. Through it, assets can be digitized, tokenized, and managed on an open-source blockchain platform enabling the creation of a Smart Economy.
NEO is the first project of this nature in China. The benefit of this is that it provides a more efficient and quicker way to register, issue, and circulate their assets. E-contracts refer to contracts on which records of transfer of digital assets are kept. For every contract completed, a digital token is created as a result.
Founder(s): Da Hongfei and Erik Zhang
Release Date: 2014
What type of cryptocurrency is NEO?
The NEO token on the NEO network is classified as a type of Currency.
What is NEO All-Time High price (ATH)?
On January 15th, 2018 12:00:00 AM, NEO hit a historic high of $198.38 USD. It has been about 7 years ago since NEO reached its peak.
What is NEO All-Time Low price (ATL)?
On October 21st, 2016 12:00:00 AM, NEO reached a bottoming price of $0.0783490000 USD. About 8 years ago has passed NEO has seen such a low price.
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