Neo Reaches Market Cap of $186.73 Million (NEO)

Neo (NEO) traded down 1.6% against the U.S. dollar during the 1-day period ending at 7:00 AM E.T. on June 1st. Neo has a market capitalization of $186.73 million and approximately $9.49 million worth of Neo was traded on exchanges in the last day. One Neo coin can now be bought for about $2.65 or 0.00003642 BTC on cryptocurrency exchanges. In the last week, Neo has traded 6.8% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.4% lower against the dollar and now trades at $72,596.92 or 0.99882526 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.4% against the dollar and now trades at $72,570.02 or 0.99778493 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Neo Profile

Neo (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. Neo’s official message board is medium.com/neo-smart-economy. Neo’s official Twitter account is @neo_blockchain and its Facebook page is accessible here. Neo’s official website 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.”

Neo Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Neo directly using US dollars. Investors seeking to trade Neo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Neo using one of the exchanges listed above.

NEO/USD price chart by TradingView