Current NEO Price Overview
The real-time Neo (NEO) price is $5.70**, with a 24-hour trading volume of **$14,229,524. Here’s a quick snapshot of NEO’s market performance:
- 24-hour change: +8.22%
- 7-day change: +3.16%
- Market cap: $402,163,968 (Ranked #110)
- Circulating supply: 70,538,831 NEO
👉 Track NEO’s live price movements for real-time updates.
Historical context:
- NEO is currently 97.10% below its all-time high.
- It’s 7,787.07% above its all-time low.
What Is Neo (NEO)?
Neo is a public blockchain platform enabling decentralized applications (dApps) and smart contracts. Dubbed "Ethereum’s Chinese counterpart," Neo distinguishes itself through:
Key Features:
- Multi-Language Support: Developers can write smart contracts in Java, Python, and other popular languages (unlike Ethereum’s Solidity).
- Digital Asset Management: Aims to digitize physical assets (e.g., real estate, fiat) for blockchain-based trading.
- Neo 3.0 Upgrade: Enhanced interoperability via Poly Network for cross-chain ecosystems.
Dual-Token System:
- NEO: Governance and staking.
- GAS: Pays for transaction fees and smart contract execution (generated every ~20 seconds).
Consensus Mechanism:
Neo uses Delegated Byzantine Fault Tolerance (dBFT 2.0), ensuring fast block confirmation and network stability through real-time validator voting.
Neo’s Origins and Founders
- Launched in 2014 as Antshares by Da Hongfei (tech/English graduate) and Erik Zhang (computer scientist).
- Rebranded to Neo in 2017, symbolizing innovation.
- Founders also created OnChain (enterprise blockchain solutions) and the Neo Foundation to promote adoption.
Utility of NEO Tokens
- Governance: NEO holders vote for the Neo Committee, which oversees network upgrades.
- GAS Generation: Stake NEO to earn GAS tokens, essential for network operations.
👉 Explore staking NEO for passive income.
NEO Tokenomics
Total supply: 100 million (fixed at launch).
- 50% crowdfunded.
- 50% reserved for Neo Council development.
- Indivisible units: Transactions must be whole numbers (e.g., 1 NEO, not 1.5).
Note: NEO’s price fluctuates with broader crypto market trends. Always check the latest Neo price chart before investing.
FAQs About Neo (NEO)
1. How does Neo differ from Ethereum?
Neo supports multiple programming languages (vs. Ethereum’s Solidity) and focuses on digitizing real-world assets.
2. What is GAS used for?
GAS pays for transactions and smart contracts. It’s earned by staking NEO tokens.
3. Can NEO tokens be mined?
No. All 100 million NEO were pre-mined at launch.
4. Is Neo a good investment?
Consider market volatility, adoption rates, and project updates. Diversify your portfolio wisely.
5. Where can I buy NEO?
Popular exchanges include Binance, KuCoin, and Kraken.
Final Thoughts
Neo combines developer-friendly tools with a vision for asset digitization. While its price remains volatile, its technological upgrades (like Neo 3.0) position it as a long-term contender in the smart contract arena.
👉 Stay updated on NEO’s latest developments.
All data is real-time and subject to change. Conduct independent research before trading.
**Keyword Integration**: Neo price, NEO coin, smart contracts, GAS tokens, dBFT consensus, Neo 3.0, staking NEO.
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