NEO PRICE NEO

NEO (NEO) $11.45 USD (-0.95%)

Market cap

$744,250,000

Volume (24H)

$124,918,225

Circulating supply

65,000,000

Max supply

100,000,000

NEO is China’s first open-source blockchain and functions in much the same way as Ethereum does. It gained in popularity in June 2017 following the rebranding from Antshares to NEO, at which point the price skyrocketed for the first time. On the NEO blockchain two coins exist: the NEO token and the GAS token. The coin represents the ownership of the blockchain, being used to create blocks and manage the network.

NEO can only be transferred in whole numbers, like 1 or 42, but not 39.33. Holding it will reward the user with GAS which can be used for transactions on the network. Due to its popularity, you can buy NEO cryptocurrency on a number of major cryptocurrency exchanges. Binance, KuCoin, Bittrex and Bitfinex, for example offer the ability to trade other cryptocurrencies for it. Because of its potential, many people see the coin as a solid long-term investment opportunity.

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