Neo (NEO) Market Capitalization Tops $1.09 Billion

Neo (NEO) traded up 9.2% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on December 24th. One Neo coin can currently be bought for $15.47 or 0.00015953 BTC on cryptocurrency exchanges. Over the last seven days, Neo has traded 13.2% lower against the U.S. dollar. Neo has a total market cap of $1.09 billion and $48.19 million worth of Neo was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.9% against the dollar and now trades at $95,923.20 or 0.98930350 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $94,301.91 or 0.97258230 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Neo Coin Profile

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

According to CryptoCompare, “Neo is an open-source blockchain platform designed to enable a Smart Economy by integrating digital assets, smart contracts, and digital identity. Founded in 2014 by Da Hongfei and Erik Zhang, Neo leverages the Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism for fast, finalised transactions. It features a dual-token system: NEO for governance and GAS for transaction fees. Key tools include NeoFS for decentralised storage, NeoNS for domain naming, and the Neo Oracle Service to access off-chain data. Neo supports multiple programming languages, enabling seamless dApp development. Its migration from Neo Legacy to Neo N3 introduces improved performance, enhanced governance, and a robust developer-friendly environment. Neo also offers cross-chain interoperability through NeoX and quantum-resistant cryptography via NeoQS. With its advanced features and scalability, Neo aims to create a decentralised, secure foundation for the next-generation digital economy.”

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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Neo using one of the aforementioned exchanges.

NEO/USD price chart by TradingView