Gas Price Reaches $4.99 on Major Exchanges (GAS)

Gas (GAS) traded down 2.7% against the US dollar during the 1-day period ending at 22:00 PM Eastern on April 17th. One Gas token can now be purchased for approximately $4.99 or 0.00008107 BTC on popular exchanges. Gas has a market cap of $294.73 million and $18.15 million worth of Gas was traded on exchanges in the last day. During the last seven days, Gas has traded down 26.1% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.3% higher against the dollar and now trades at $0.33 or 0.00000530 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.5% against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Gas

Gas’ launch date was July 15th, 2016. Gas’ total supply is 67,563,492 tokens and its circulating supply is 59,083,340 tokens. Gas’ official Twitter account is @neo_blockchain and its Facebook page is accessible here. The official website for Gas is neo.org. The Reddit community for Gas is https://reddit.com/r/NEO and the currency’s Github account can be viewed here.

According to CryptoCompare, “Gas (GAS) is a cryptocurrency fueling transactions on the NEO blockchain. While NEO, the main cryptocurrency of NEO blockchain, represents ownership and is used for creating smart contracts and deploying decentralized applications, GAS pays for transaction fees and computational services. The amount of GAS generated is proportional to the amount of NEO held, and its demand increases with more transactions on the NEO network. GAS can also be traded on cryptocurrency exchanges. It was introduced by the NEO development team in China in 2014 when NEO was rebranded from Antshares.”

Buying and Selling Gas

It is usually not presently possible to purchase alternative cryptocurrencies such as Gas directly using US dollars. Investors seeking to trade Gas should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Gas using one of the exchanges listed above.

GAS/USD price chart by TradingView