Convert and Swap Neo NEO to United States Dollar USD
NEO/USD: 1 Neo equals $14.20 USD
Neo (NEO) is not tradable on Coinbase.
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Last update: 5:29 PM, December 22, 2024
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Neo is falling this week.
The current price of Neo is $14.20 per NEO. With a circulating supply of 70,538,831 NEO, it means that Neo has a total market cap of $1,001,930,956.29. The amount of Neo traded has fallen by $5,343,507.37 in the last 24 hours, which is a 11.51% decrease. Additionally, in the last day, $46,440,739.89 worth of NEO has been traded.
About Neo
NEO is a cryptocurrency and smart contract platform that supports applications written in a variety of programming languages. Fees for deploying and running smart contracts are paid with GAS, a separate token.
Neo, initially known as Antshares, is an open-source blockchain platform that aspires to be the foundation for the next generation of the internet. Launched in February 2014, it is considered to be China's first-ever public blockchain. Neo's ecosystem is rapidly growing and developing, aiming to bring together digitized payments, identities, and assets. The platform encourages the creation of decentralized apps and smart contracts on its blockchain, facilitated by an EcoBoost initiative. The platform has two native tokens: NEO and GAS. NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, while GAS is used to pay fees for the transactions that are being completed on the network.
Neo operates using a Delegated Byzantine Fault Tolerance algorithm, which strives to deter untrustworthy participants from taking part in the blockchain's operation. This technology is used in the Neo blockchain and plays a crucial role in the development of Neo 3.0, the next iteration of the project’s infrastructure. The platform also has continuous development, which helps ensure that it is futureproof and able to cope with sudden increases in demand. Unlike many other blockchains, Neo's network has two native tokens: NEO and GAS. NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, while GAS is used to pay fees for the transactions that are being completed on the network.
Neo aims to become the foundation for the next generation of the internet, where digitized payments, identities, and assets come together. It encourages the creation of decentralized apps and smart contracts on its blockchain, facilitated by an EcoBoost initiative. This makes it a potential platform for developers looking to create new infrastructure for the network and lower barriers to entry. The platform's two native tokens, NEO and GAS, also provide potential use cases. NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, while GAS is used to pay fees for the transactions that are being completed on the network.
Neo was launched in February 2014 under the name Antshares and is believed to be China's first-ever public blockchain. The open-source platform rebranded to Neo three years later. The co-founders of Neo, and its predecessor Antshares, are Da Hongfei and Erik Zhang. Both serve as chairmen of the Neo Foundation, which aims to promote the blockchain’s adoption. Erik Zhang was the author of the Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from taking part in the blockchain’s operation. This technology went on to be used in the Neo blockchain. He also served as the core developer for this network and is playing an instrumental role in the development of Neo 3.0, the next iteration of the project’s infrastructure.
How Neo and United States Dollar differ
Neo and the US Dollar are fundamentally different in their nature and operation. Neo, originally known as Antshares, is an open-source blockchain platform that aspires to lay the groundwork for the next generation of the internet. It encourages the creation of decentralized apps and smart contracts on its blockchain, facilitated by an EcoBoost initiative. The platform operates using a Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from participating in the blockchain's operation. It has two native tokens: NEO and GAS. NEO allows holders to participate in votes concerning improvements to the blockchain, while GAS is used to pay transaction fees on the network. On the other hand, the US Dollar is a traditional fiat currency issued and regulated by the US government. It is a centralized currency, meaning its supply and value are controlled by the Federal Reserve. Unlike Neo, the US Dollar does not operate on a blockchain, does not facilitate smart contracts or decentralized apps, and does not have a dual-token system. The US Dollar is used for a wide range of transactions, both domestically and internationally, and is a globally recognized reserve currency.
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The exchange rate of Neo is decreasing.
The current value of 1 NEO is $14.20 USD. In other words, to buy 5 Neo, it would cost you $70.99 USD. Inversely, $1.00 USD would allow you to trade for 0.0704 NEO while $50.00 USD would convert to 3.5215 NEO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.09%. Meanwhile, in the last 24 hours, the rate has changed by 0.14%, and that the the highest exchange rate of 1 NEO to United States Dollar was $14.56 USD and the lowest 24 hour value was 1 NEO for $13.57 USD. This time last month, the value of 1 NEO was $13.25 USD, which is a 5.91% decrease from where it is now. Looking back a year, Neo has changed by $14.10 USD. That means that in a single year, the value of Neo has shrank by 2.53%.
NEO to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$14.16 USD | -0.14% | $18.21 USD | -22.09% | $13.25 USD | 5.91% | $14.10 USD | -2.53% |
NEO to USD
Amount | Today at 5:29 pm |
|---|---|
0.5 NEO | $7.10 |
1 NEO | $14.20 |
5 NEO | $70.99 |
10 NEO | $141.98 |
50 NEO | $709.92 |
100 NEO | $1,419.85 |
500 NEO | $7,099.25 |
1,000 NEO | $14,198.49 |
USD to NEO
Amount | Today at 5:29 pm |
|---|---|
0.5 USD | 0.0352 NEO |
1 USD | 0.0704 NEO |
5 USD | 0.35 NEO |
10 USD | 0.70 NEO |
50 USD | 3.52 NEO |
100 USD | 7.04 NEO |
500 USD | 35.22 NEO |
1,000 USD | 70.43 NEO |
Today vs. 24 hours ago
Amount | Today at 5:29 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 NEO | $7.10 | $7.08 | +0.30% |
1 NEO | $14.20 | $14.16 | +0.30% |
5 NEO | $70.99 | $70.78 | +0.30% |
10 NEO | $141.98 | $141.56 | +0.30% |
50 NEO | $709.92 | $707.80 | +0.30% |
100 NEO | $1,419.85 | $1,415.59 | +0.30% |
500 NEO | $7,099.25 | $7,077.96 | +0.30% |
1,000 NEO | $14,198.49 | $14,155.92 | +0.30% |
Today vs. 1 month ago
Amount | Today at 5:29 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 NEO | $7.10 | $6.62 | +7.21% |
1 NEO | $14.20 | $13.24 | +7.21% |
5 NEO | $70.99 | $66.22 | +7.21% |
10 NEO | $141.98 | $132.43 | +7.21% |
50 NEO | $709.92 | $662.17 | +7.21% |
100 NEO | $1,419.85 | $1,324.34 | +7.21% |
500 NEO | $7,099.25 | $6,621.70 | +7.21% |
1,000 NEO | $14,198.49 | $13,243.41 | +7.21% |
Today vs. 1 year ago
Amount | Today at 5:29 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 NEO | $7.10 | $7.05 | +0.73% |
1 NEO | $14.20 | $14.10 | +0.73% |
5 NEO | $70.99 | $70.48 | +0.73% |
10 NEO | $141.98 | $140.96 | +0.73% |
50 NEO | $709.92 | $704.80 | +0.73% |
100 NEO | $1,419.85 | $1,409.60 | +0.73% |
500 NEO | $7,099.25 | $7,048.01 | +0.73% |
1,000 NEO | $14,198.49 | $14,096.03 | +0.73% |
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