NEO

NeoNEO

Rank #65
Coin
On 259,474 watchlists

Neo Price (NEO)

$38.17
6.27%

0.0006994 BTC0.10%

0.009231 ETH0.99%

Low:$36.49
High:$40.77
24h
NEO  Neo NEO
Price:
$38.17
 6.27%
Market Cap
$2,692,404,185
6.27%
Fully Diluted Market Cap
$3,816,910,695
6.27%
Volume
24h
$274,765,077
9.13%
Volume / Market Cap
0.1021
Circulating Supply
70,538,831.00 NEO
71%
Max Supply
100,000,000
Total Supply
100,000,000
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NEO Price Live Data

The live Neo price today is $38.17 USD with a 24-hour trading volume of $274,765,077 USD. We update our NEO to USD price in real-time. Neo is down 6.27% in the last 24 hours. The current CoinMarketCap ranking is #65, with a live market cap of $2,692,404,185 USD. It has a circulating supply of 70,538,831 NEO coins and a max. supply of 100,000,000 NEO coins.

If you would like to know where to buy Neo, the top cryptocurrency exchanges for trading in Neo stock are currently Binance, Mandala Exchange, OKEx, CoinTiger, and Huobi Global. You can find others listed on our crypto exchanges page.

What Is Neo (NEO)?


Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.

Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.

As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.

It’s often been likened to the Chinese version of the Ethereum network.

Who Are the Founders of Neo?


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.

Da Hongfei has said that, although the internet is a great invention, it has many flaws — and this means that everyday consumers don’t always have control over their own data. The entrepreneur believes blockchain applications will eventually go mainstream.

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.

What Makes Neo Unique?


One of the unique selling points of the Neo blockchain concerns its continuous development, which helps ensure that it is futureproof and able to cope with sudden increases in demand. As mentioned earlier, the project has developed Neo 3.0 — enhancing network security and allowing a greater number of transactions per second to be processed.

Unlike many other blockchains, this network also has two native tokens: NEO and GAS. While NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, GAS is used to pay fees for the transactions that are being completed on the network.

Few other blockchain projects also run a development fund to the extent that Neo does. EcoBoost launched back in 2019, and it was billed as an initiative that provides “full life-cycle support for high-potential projects” — including grants, technical support and promotion on social media.

Related Pages:

Find out more about GAS, the second native token to Neo

How does Neo compare with Ethereum?

Explore our comprehensive crypto how-to guides

What’s going on in the crypto industry? Find out in our blog

How Many Neo (NEO) Coins Are There in Circulation?


At the time of writing, there are 70.5 million NEO in circulation — and a total supply of 100 million. NEO tokens aren’t mined, and indeed, all 100 million of them were generated when the blockchain launched.

These tokens were distributed on a 50/50 basis — with half going to participants in a token sale, and the other half being split among developers and the NEO Council. At the time, it was confirmed that these funds would be used to invest in other blockchain protocol that the organization supports.

Meanwhile, GAS is generated every 20 seconds or so, whenever a new block is created. The number of tokens created gradually reduces every year, and it’s estimated that it’ll take 22 years for the total supply of 100 million to enter circulation.

How Is the Neo Network Secured?


As we mentioned earlier, Neo uses Delegated Byzantine Fault Tolerance, and it’s estimated that the blockchain is capable of processing thousands of transactions per second.

According to Neo, the dBFT mechanism has been inspired by the Practical Byzantine Fault Tolerance algorithm.

There are a couple of similarities with delegated proof-of-stake, given how both consensus mechanisms allow token holders to vote for the delegates who will process transactions.

Through dBFT, blocks are added to a blockchain as long as at least two-thirds of delegates reach consensus — and it’s hoped that this helps prevent bad actors from undermining the smooth running of the network.

Where Can You Buy Neo (NEO)?


NEO can be purchased on a number of exchanges — most people buy NEO on Binance, Poloniex and HitBTC. But it isn’t available universally and isn’t supported by some platforms, such as Coinbase.

Many exchanges offer trading pairs that link NEO with Bitcoin. Find out more about converting your fiat into BTC here.

Our most recent articles about Neo:

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NEO Price Statistics

Neo Price Today
Neo Price$38.17
Price Change24h$-2.55
6.27%
24h Low / 24h High
$36.49 /
$40.77
Trading Volume24h$274,765,076.54
9.13%
Volume / Market Cap0.1021
Market Dominance0.11%
Market Rank#65
Neo Market Cap
Market Cap$2,692,404,184.84
6.27%
Fully Diluted Market Cap$3,816,910,695.39
6.27%
Neo Price Yesterday
Yesterday's Low / High
$36.49 /
$41.29
Yesterday's Open / Close
$41.17 /
$36.98
Yesterday's Change

10.17%

Yesterday's Volume$277,370,877.48
Neo Price History
7d Low / 7d High
$36.49 /
$42.83
30d Low / 30d High
$36.49 /
$53.42
90d Low / 90d High
$35.67 /
$66.72
52 Week Low / 52 Week High
$12.43 /
$140.37
All Time High
Jan 15, 2018 (4 years ago)
$196.85
80.61%
All Time Low
Oct 21, 2016 (5 years ago)
$0.07229
52702.36%
Neo ROI

20931.78%

Neo Supply
Circulating Supply70,538,831 NEO
Total Supply100,000,000 NEO
Max Supply100,000,000 NEO