What is the NEO coin? NEO coin cryptocurrency was developed for what the creators called the “Smart Economy”, which combines digital assets, digital identity, and smart contracts into one ecosystem. Launched in 2014 by Da Hongfei and Eric Zhang, NEO crypto currency is the Chinese equivalent of Ethereum.
One of the benefits of NEO is that, unlike Ethereum, it does not have any transaction fees. This allows the NEO cryptocurrency price and network to grow more consistently and can already handle up to 1000 transactions per second.
How does NEO work? The NEO cryptocurrency is unique among crypto projects in that it has a central council that determines which projects can be built on the platform, and also decides how it should spend the remaining 50 million NEO coin cryptocurrency that it currently owns.
At the time of writing, the NEO cryptocurrency price is $56.35, and the capitalization is more than $3.51 billion. NEO ranks 37 in the CoinMarketCap rating.
During the entire existence of the NEO cryptocurrency, it was just a bit short of it to get to the price of $200 – the maximum cost was $196.85. Like most cryptocurrencies, the all-time high of NEO coin cryptocurrency occurred in January 2018. The lowest NEO cryptocurrency price was $0.073 in October 2016 (even before the rebranding took place). So far, NEO to US dollar price has dropped nearly fourfold from its peak price.
Now that you know what is NEO cryptocurrency is, you can buy it on any reliableNEO trading platform where you can exchange NEO for US dollars.
This isn’t all about NEO coin you need to know. What is more?
NEO cryptocurrency price chart
Before you buy NEO coin, we recommend that you do the following:
analyze the NEO candlestick chart and determine the maximum and minimum of NEO real-time price for a certain period;
compare the current NEO price with the maximum and minimum values to assess the entry point;
analyze current NEO coin market price trends;
examine the NEO crypto news published on AtoZMarkets about how much is NEO coin is worth.
After analyzing the NEO currency graph, you will be able to determine how the NEO exchange rate will be right now, and you will be able to make your prediction regarding the direction in which the NEO stock price will change in the future.
NEO coin news
NEO to USD pair is among the most popular crypto trading instruments today. Therefore, using a NEO broker, many investors and traders purchase NEO cryptocurrency as it is a notable competitor to Ethereum. Numerous brokerage companies, responding to customer requests, have added this NEO coin to USD to the list of available instruments.
However, traders can profit from transactions with NEO coin rates by correctly determining its direction of movement by using a NEO coin chart analysis. They also need to remember that the NEO coin value is affected by the largest NEO partners, the political situation in China, and the general situation in the crypto market news.
Since the coin is unstable and reacts sensitively to any changes in market conditions, it is important to stay updated as AtoZMarkets publishes fresh and relevant NEO crypto news. To benefit from the high liquidity and volatility of NEO to USD, hit the subscribe button now to get all the NEO currency news.