Neo (NEO) Market Capitalization Hits $571.10 Million

Neo (NEO) traded up 0.3% against the US dollar during the 24 hour period ending at 17:00 PM ET on January 25th. During the last seven days, Neo has traded up 12.9% against the US dollar. One Neo coin can now be purchased for $8.10 or 0.00034591 BTC on major exchanges. Neo has a total market capitalization of $571.10 million and $31.89 million worth of Neo was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded 0.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.5% against the dollar and now trades at $0.0613 or 0.00000260 BTC.
  • CareCoin (CARES) traded 3.5% higher against the dollar and now trades at $0.0761 or 0.00000323 BTC.
  • OmniaVerse (OMNIA) traded 11.5% higher against the dollar and now trades at $0.0022 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 3.5% higher against the dollar and now trades at $94.16 or 0.00399440 BTC.
  • Lunar (LNR) traded down 3.9% against the dollar and now trades at $0.0280 or 0.00000119 BTC.
  • Hokkaidu Inu (HOKK) traded up 4.3% against the dollar and now trades at $0.0006 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.5% against the dollar and now trades at $6,609.34 or 0.28037725 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.1% against the dollar and now trades at $135.45 or 0.00574597 BTC.
  • Lego Coin (LEGO) traded 2% lower against the dollar and now trades at $0.0406 or 0.00000173 BTC.

Neo Coin Profile

NEO is a coin. It was first traded on August 1st, 2017. Neo’s total supply is 100,000,000 coins and its circulating supply is 70,538,831 coins. Neo’s official Twitter account is @neo_blockchain and its Facebook page is accessible here. Neo’s official website is neo.org. The Reddit community for Neo is https://reddit.com/r/neo and the currency’s Github account can be viewed here. Neo’s official message board is medium.com/neo-smart-economy.

According to CryptoCompare, “Neo was founded by Da Hongfei and Erik Zhang in 2014 under the name Antshares. The original source code was published to GitHub in July 2015 and the MainNet subsequently launched in October 2016.In 2017, Antshares was rebranded to Neo as it implemented Smart Contracts 2.0. It underwent aggressive global expansion as hundreds of new developers poured onto the blockchain. Neo leadership began distributing NEO token rewards to groups and individuals that contributed to the growth of the Neo platform. Some of the earliest groups to join Neo included COZ, NeoEconoLabs, and O3 Labs.In 2021, Neo is being upgraded to version 3.0, known as N3. As a project that began in June 2018, the N3 upgrade represents the biggest advancement in Neo’s history. It is aimed at bringing the first all-in-one blockchain development experience to the industry, packed with powerful native features such as distributed storage, oracles, and name services. Neo N3 also boasts a simpler and more modular architecture than its predecessors, along with improved governance and economic model.Neo is an open-source community-driven blockchain platform.A feature-complete blockchain platform for building decentralized applications. Neo enables developers to digitize and automate the management of assets through smart contracts. It also provides powerful native infrastructures such as decentralized storage, oracles, and domain name service, creating a solid foundation for the Next-Gen Internet.With a total of 100 million tokens, NEO has two main features:- The right to vote in elections to determine NEO council members;- The right to claim GAS, needed to perform transactions in the NEO networkThe minimum unit of NEO is 1 and tokens are indivisible. This means if you are withdrawing from an exchange to your wallet, you must withdraw in whole numbers. It also means that NEO is one of the scarcest public blockchain tokens, as it cannot be broken down into smaller pieces.”

Buying and Selling Neo

It is usually not presently possible to buy alternative cryptocurrencies such as Neo directly using U.S. dollars. Investors seeking to trade Neo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Neo using one of the aforementioned exchanges.

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