Neo (NEO) Market Cap Hits $582.59 Million

Neo (NEO) traded down 2.2% against the dollar during the 24 hour period ending at 9:00 AM E.T. on March 10th. Neo has a market cap of $582.59 million and $34.03 million worth of Neo was traded on exchanges in the last day. During the last seven days, Neo has traded down 14.3% against the dollar. One Neo coin can now be bought for about $8.26 or 0.00010045 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded down 2.4% against the dollar and now trades at $0.76 or 0.00000922 BTC.
• 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 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.1% lower against the dollar and now trades at $82,578.72 or 1.00437239 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.3% against the dollar and now trades at $81,908.86 or 0.99622514 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Neo

Neo (NEO) is a coin. It launched on August 1st, 2017. Neo’s total supply is 100,000,000 coins and its circulating supply is 70,538,831 coins. The official message board for Neo is medium.com/neo-smart-economy. The official website for Neo is neo.org. The Reddit community for Neo is https://reddit.com/r/neo and the currency’s Github account can be viewed here. Neo’s official Twitter account is @neo_blockchain and its Facebook page is accessible 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.”

Buying and Selling Neo

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

NEO/USD price chart by TradingView