Once you set up your wallet, you will be able to use all the features the platform offers, such as exchanging cryptocurrency, digitizing your assets etc. NEO’s current circulating supply is 70.54M NEO out of max supply of 100.00M NEO. In terms of market cap, NEO is currently ranked cryptocurrency аnd bitcoin manipulation claims #1 in the NEO Network sector. This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns.

The projects that offer real use cases have weathered the storm. You have a few options to choose from when it comes to storing your NEO tokens, but you should make sure that it’s a wallet where you can earn GAS tokens as reward. If you plan to hold for the long term, you can use a hardware cryptocurrency wallet like a Ledger Nano S. Many different factors have played a role in determining the price of NEO, including its capped supply, demand for GAS, and trends in the rest of the crypto market and wider economy. Its current valuation is derived from the balance of supply and demand in the markets and constantly changes.

What was the 24 hour trading volume of NEO?

The current CoinMarketCap ranking is #65, with a live market cap of $592,387,663 USD. It has a circulating supply of 70,538,831 NEO coins and a max. Through the use of smart contracts, traditional assets can be turned into digital ones and securely stored on the blockchain.

Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.

Live NEO (NEO) Price, Historical Chart & NEO Market Cap

The summary for NEO/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. CEX.IO charts on the Trade page give you a clear vision of crypto market trends in real time. With this information, you can identify the best moment for buying or selling NEO and design your own the cryptocurrency market monthly review trading strategy. CEX.IO offers various ways to buy NEO as soon as you see favorable conditions on the price charts. What about having a voice in the management of a potentially big part of the crypto economy? The NEO coin, a cryptocurrency of the NEO blockchain, gives you the right to vote on network changes.

The 24-hour trading volume has spiked to $24 million, and the market capitalization is at $599 million. Neo is a blockchain-powered digital currency and a platform for creating a global network of decentralized applications. The blockchain is powered by NEO coins, which themselves generate GAS tokens slowly over time. GAS is used as a transactional currency within the network, and the amount owned by a user depends on the amount of NEO they hold.

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Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. A lot of countries are allowing the use of cryptocurrencies in their systems, but the legality status still varies. Click here to see in which countries are cryptocurrencies legal.

Neo will enable the creation of digital identities for individuals and organisations. These identities will only be accessible via multi-factor authentication. Neo supports the creation of smart contracts using a number of different code languages, including Java, C#, Kotlin and more.

Neo: The Neon Touch

It has custom digital identity standards that enable the creation of electronic identity data for individuals, organizations and even entities. These electronic systems use multi-layered authentication models that include facial and voice recognition as well as fingerprints. For more information on digital asset risk see FINRA, SEC, and CFPB public advisories. SoFi will apply a markup of up to 1.25% for each crypto transaction. Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 24 hours ago.

The maximum price would go up to $42 and the minimum price to $30. This shows that NEO has the full potential not only to sustain but consistently grow even in adverse conditions in the upcoming future, and so traders and investors will have no fear of losing money. The vision of the NEO community for the coin stands tall and firm. Leaving footprints on the technological and functional eco-space, NEO cryptocurrency nurtures hope and convenience, making the lives of users worldwide easy. There are factors apart from above that govern the price of NEO objectively, viz. The relationship between supply and demand, which is an age-old phenomenon of contradictory relation of demand and supply, works for NEO.

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Users can deploy their own custom digital assets that function on the NEO blockchain. For this reason, there have been a number of ICO projects that opted to conduct their token sales on NEO. The most common standard for issuing custom tokens on NEO is called NEP-5. Broader market trends have also played a role in NEO’s price history. Its major surges in 2017 and 2021 weren’t unique – the entire crypto market pumped around these times.

• Both NEO and GAS have a maximum supply of 100 million coins.
• Through the use of smart contracts, traditional assets can be turned into digital ones and securely stored on the blockchain.
• As outlined in the project’s white paper, the total supply of NEO was minted at the first block and capped at 100 million.
• NEO’s price at any given time is decided by the balance of supply and demand on exchanges.

There are a couple of similarities with delegated proof-of-stake, given how both consensus mechanisms allow token holders to vote for the delegates who will process transactions. Da Hongfei has said that, although the cryptocurrency news internet is a great invention, it has many flaws — and this means that everyday consumers don’t always have control over their own data. The entrepreneur believes blockchain applications will eventually go mainstream.