Convert and Swap Gas GAS to United States Dollar USD
GAS/USD: 1 Gas equals $4.52 USD
Gas (GAS) is not tradable on Coinbase.
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Last update: 6:29 AM, December 23, 2024
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Gas is falling this week.
The current price of Gas is $4.52 per GAS. With a circulating supply of 64,992,331 GAS, it means that Gas has a total market cap of $293,612,987.47. The amount of Gas traded has risen by $1,404,852.06 in the last 24 hours, which is a 5.39% increase. Additionally, in the last day, $26,068,779.75 worth of GAS has been traded.
About Gas
Gas (GAS) is a unique token that operates on the NEO blockchain platform. Its primary function is to serve as the fuel for processing transactions within the NEO network. Unlike many other cryptocurrencies, Gas is not intended to be a standalone digital currency. Instead, it is intrinsically linked to the NEO network, providing the necessary resources for the network's operations. This includes everything from smart contract execution to network storage. Gas is an integral part of the NEO ecosystem, and its use is essential for the smooth functioning of the NEO blockchain.
Gas operates within the NEO blockchain, serving as a utility token. It is used to pay for various network operations, such as transaction processing and smart contract deployment. When a user or developer performs an action on the NEO network, such as executing a smart contract, a certain amount of Gas is consumed. This consumption of Gas is what powers the NEO network, ensuring that transactions are processed and that the network remains operational. Gas is generated with each new block on the NEO blockchain, and it is distributed to NEO token holders, who can then use it to pay for network operations.
The primary use case for Gas is to facilitate operations on the NEO network. This includes paying for transaction fees, deploying smart contracts, and making purchases within decentralized applications (dApps) built on the NEO platform. Gas is also used in the NEO network's governance model, where NEO token holders can vote on network parameters and receive Gas rewards for their participation. This dual token model, with NEO for governance and Gas for utility, allows for a more balanced and efficient blockchain ecosystem.
Gas was created alongside the NEO blockchain platform, originally known as Antshares, in 2014. The platform was founded by Da Hongfei and Erik Zhang, with the aim of digitizing assets and automating their management through smart contracts. In 2017, Antshares was rebranded to NEO, and the use of Gas as the network's utility token was solidified. In 2021, NEO underwent its most significant upgrade to date, known as N3, which introduced powerful new features and an improved governance and economic model. Throughout its history, Gas has remained a crucial component of the NEO ecosystem, powering its operations and facilitating its growth.
How Gas and United States Dollar differ
Gas (GAS) and the US Dollar (USD) are two distinct forms of value with unique characteristics. Gas is a utility token that operates on the NEO blockchain platform, serving as the fuel for processing transactions within the NEO network. It's not intended to be a standalone digital currency, but rather a resource for the NEO network's operations, including smart contract execution and network storage. Gas is generated with each new block on the NEO blockchain and distributed to NEO token holders, who can then use it to pay for network operations. On the other hand, the US Dollar is a traditional fiat currency issued by the United States government and serves as the world's primary reserve currency. It's used for a wide range of transactions, from everyday purchases to international trade deals. Unlike Gas, the supply of USD is regulated by the Federal Reserve and is not tied to a blockchain or any form of digital technology. The value of USD is backed by the full faith and credit of the US government, while the value of Gas is determined by the dynamics of the NEO network and the broader cryptocurrency market.
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The exchange rate of Gas is increasing.
The current value of 1 GAS is $4.52 USD. In other words, to buy 5 Gas, it would cost you $22.60 USD. Inversely, $1.00 USD would allow you to trade for 0.22 GAS while $50.00 USD would convert to 11.06 GAS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.5%. Meanwhile, in the last 24 hours, the rate has changed by 2.38%, and that the the highest exchange rate of 1 GAS to United States Dollar was $4.71 USD and the lowest 24 hour value was 1 GAS for $4.34 USD. This time last month, the value of 1 GAS was $5.25 USD, which is a 13.14% increase from where it is now. Looking back a year, Gas has changed by $7.13 USD. That means that in a single year, the value of Gas has shrank by 37.01%.
GAS to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$4.40 USD | 2.38% | $5.52 USD | -17.50% | $5.25 USD | -13.14% | $7.13 USD | -37.01% |
GAS to USD
Amount | Today at 6:29 am |
|---|---|
0.5 GAS | $2.26 |
1 GAS | $4.52 |
5 GAS | $22.60 |
10 GAS | $45.20 |
50 GAS | $226.01 |
100 GAS | $452.03 |
500 GAS | $2,260.15 |
1,000 GAS | $4,520.29 |
USD to GAS
Amount | Today at 6:29 am |
|---|---|
0.5 USD | 0.11 GAS |
1 USD | 0.22 GAS |
5 USD | 1.11 GAS |
10 USD | 2.21 GAS |
50 USD | 11.06 GAS |
100 USD | 22.12 GAS |
500 USD | 110.61 GAS |
1,000 USD | 221.22 GAS |
Today vs. 24 hours ago
Amount | Today at 6:29 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 GAS | $2.26 | $2.20 | +2.78% |
1 GAS | $4.52 | $4.40 | +2.78% |
5 GAS | $22.60 | $21.99 | +2.78% |
10 GAS | $45.20 | $43.98 | +2.78% |
50 GAS | $226.01 | $219.89 | +2.78% |
100 GAS | $452.03 | $439.79 | +2.78% |
500 GAS | $2,260.15 | $2,198.93 | +2.78% |
1,000 GAS | $4,520.29 | $4,397.87 | +2.78% |
Today vs. 1 month ago
Amount | Today at 6:29 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 GAS | $2.26 | $2.62 | -13.86% |
1 GAS | $4.52 | $5.25 | -13.86% |
5 GAS | $22.60 | $26.24 | -13.86% |
10 GAS | $45.20 | $52.48 | -13.86% |
50 GAS | $226.01 | $262.39 | -13.86% |
100 GAS | $452.03 | $524.78 | -13.86% |
500 GAS | $2,260.15 | $2,623.91 | -13.86% |
1,000 GAS | $4,520.29 | $5,247.82 | -13.86% |
Today vs. 1 year ago
Amount | Today at 6:29 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 GAS | $2.26 | $3.56 | -36.59% |
1 GAS | $4.52 | $7.13 | -36.59% |
5 GAS | $22.60 | $35.64 | -36.59% |
10 GAS | $45.20 | $71.29 | -36.59% |
50 GAS | $226.01 | $356.44 | -36.59% |
100 GAS | $452.03 | $712.87 | -36.59% |
500 GAS | $2,260.15 | $3,564.37 | -36.59% |
1,000 GAS | $4,520.29 | $7,128.73 | -36.59% |
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