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NEO (NEO) price, chart, coin profile and news
Find the latest NEO (NEO) price, coin profile, news and history to get you started with NEO trading and investing.
What is NEO?
Neo is a Chinese blockchain platform designed to provide a distributed network for the smart economy. Formerly known as Antshares and often referred to as China's Ethereum, Neo enables the development of digital assets and smart contracts.
The Neo platform has a wide range of use-cases, including the following:
Through the use of smart contracts, traditional assets can be turned into digital ones and securely stored on the blockchain. 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 will support the creation of decentralised applications, such as decentralised exchanges and legal smart contracts. The Neo ecosystem has 2 tokens, NEO and GAS.
NEO tokens are used to secure the network and validate transactions. GAS tokens are used to pay for transaction fees when sending/receiving money or deploying smart contracts on the network.
NEO (NEO) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $590,477,399. The current price of NEO is $8.38, which is -0.011% lower than yesterday. Prices have ranged between $8.39 and $8.1 over the past 24 hours. All prices are listed in US dollars and accurate as of September 26, 2022 07:09 UTC.
What is Bnb?
Binance Coin (BNB) is the token native for Binance and its blockchain-based ventures. The coin can be used to interact with the Binance cryptocurrency exchange as well as the ever-evolving DeFi ecosystem on the Binance Smart Chain network.
On the Binance exchange, BNB provides users with discounts on trading fees, serves as a trading pair for coins and is used on the Binance Decentralized Exchange (DEX). Fees paid in BNB are periodically “burnt”, which means they are permanently removed from circulation, which in turn decreases the supply and theoretically increases the value. Binance will continue to burn coins until the supply is reduced from 200 million to 100 million.
BNB is also used on the exchange to participate in launchpad events, which are similar to Initial Coin Offerings (ICO).
On the Binance Smart Chain (a smart contract platform developed by Binance based on Ethereum’s codebase), BNB is used to pay gas fees and has a central role in many DeFi applications (dapps). In this way, it is very similar to the role of ETH on Ethereum.
For instance, users can deposit BNB to provide liquidity on the PancakeSwap DEX or be traded for BEP-20 tokens (The BSC version of ERC-20 tokens).
NEO (NEO) priceUse our graph to track the performance of (NEO) over time.
NEO at a glance
|Total NEO supply||100,000,000|
|All time high||US$198.38|
|All time high date||October 21, 2016|
|Notable team members||Da Hongfei, Erik Zhang|
NEO price performance over time
Neo in the news
A Lifeline For Terra Classic As Binance Alone Can Burn Above 1 Trillion LUNC Per Year
Australian Central Bank Details Active CBDC Pilot Project In Telling Whitepaper
FTX Won Voyager Digital Assets Acquisition Against Binance
Disclaimer: Cryptocurrencies, including NEO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NEO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the NEO or any other cryptocurrency discussed.
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