Neo (NEO) Hits Market Capitalization of $848.01 Million

Neo (NEO) traded down 0.1% against the US dollar during the twenty-four hour period ending at 18:00 PM E.T. on March 18th. During the last week, Neo has traded up 27% against the US dollar. One Neo coin can now be bought for about $12.02 or 0.00044001 BTC on cryptocurrency exchanges. Neo has a total market capitalization of $848.01 million and $123.59 million worth of Neo was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.3% lower against the dollar and now trades at $0.43 or 0.00001559 BTC.
• Aidi Finance (BSC) (AIDI) traded up 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded up 1.5% against the dollar and now trades at $0.0677 or 0.00000247 BTC.
• CareCoin (CARES) traded 1.5% higher against the dollar and now trades at $0.0841 or 0.00000307 BTC.
• OmniaVerse (OMNIA) traded 32.4% higher against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded up 1.5% against the dollar and now trades at $100.54 or 0.00367245 BTC.
• FEG Token (FEG) traded up 1.5% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 2.1% higher against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded 1.5% higher against the dollar and now trades at $7,307.84 or 0.26692653 BTC.
• Lego Coin (LEGO) traded 27.5% higher against the dollar and now trades at $0.0179 or 0.00000065 BTC.

About Neo

Neo (CRYPTO:NEO) is a coin. It launched on August 1st, 2017. Neo’s total supply is 100,000,000 coins and its circulating supply is 70,538,831 coins. The Reddit community for Neo is https://reddit.com/r/neo and the currency’s Github account can be viewed here. Neo’s official website is neo.org. 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.

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 network

The 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 purchase alternative cryptocurrencies such as Neo directly using US dollars. Investors seeking to trade Neo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Neo using one of the aforementioned exchanges.

NEO/USD price chart by TradingView