NEO (NEO) Price

  • NEO(NEO)
    $12.660
    -0.3300(-2.5404%)
    02:23:21(GMT)|Real-Time Data, Currency in USD
    • Open
      $12.990
      Day's Range
      $12.420- $13.110
    • Market Cap
      $893.02 M
      Volume
      $143.06 M
    • Current Supply
      70.54 MNEO
      Max Supply
      100.00 MNEO

NEOOverview

  • Proof TypeN/A
  • AlgorithmN/A
  • Market Cap$893.02 M
  • Volume$1.58 M
  • Current Supply70.54 MNEO
  • Max Supply100.00 MNEO
  • Open$12.990
  • Day's Range$12.420- $13.110

NEOPrice

NEO, previously known as “Antshares”, changed its name on 22nd June 2017 and is the first open source cryptocurrency launched in China.

NEO is also known as Chinese Ethereum and Ethereum’s killer and was founded in 2014.

A total of 100 million NEO coins were issued, with the NEO coins representing the ownership of NEO blockchain.

NEO blockchain is a key driver behind NEO Coin. NEO is a non-profit community-based blockchain project supporting the management of digital assets using a smart contract.

NEO allows the digitalization of assets on the decentralized blockchain, making it free of intermediaries, whilst being transparent, trustful and traceable. Digital assets are anything in electronic format and come with the right to use, including audio and video files and other electronic documents filed on computers, tablets, mobile phones, etc.

Key characteristics of NEO to benefit users include:

Digital Assets: Programmable assets that exist in the form of electronic data. On Neo’s blockchain, users are able to register, trade and circulate multiple types of assets. This creates a connection between digital and physical assets through digital identity.

Digital Identity: Refers to the identity information of individuals, organizations and other entities that exist in electronic form.

Smart Contracts: Automated contracts that have instructions embedded within the code that is then executed as per the terms of the contract. Enables developers from around the world to quickly carry out the development of smart contracts, with developers not being required to learn a new programming language.

DApps: The NEO platform provides an environment for tech experts to develop DApps on the NEO blockchain.

The ultimate goal is for NEO to deliver a smart economy, a smart economy described as:

Digital assets + Digital Identity + Smart Contracts

NEO was founded by Da Hongfei and CTO Erik Zhang, who also founded blockchain R&D company OnChain.

NEO’s algorithm is proof-of-stake, where processing power is dependent upon the number of tokens held by miners, as opposed to computing power as is the case of proof-of-work algorithms.

Some distinct differences and characteristics of NEO include:

  • There are no physical NEO coins, only virtual.
  • NEO cannot be mined and can only be bought or traded, with NEO coin holders receiving GAS as income.
  • The more NEO coins held the more GAS earned.
  • NEO was the first decentralized, open source cryptocurrency and blockchain platform launched in China.
  • The ultimate aim is to convert traditional assets into digital ones using smart contracts, to be stored on a decentralized platform and protected by law using digital certificates.

NEOForecasts

all forecasts

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NEOTechnical Analysis

Summary

BUY
  • Moving Averages
    BUY(18)
  • Indicators
    BUY(7)

Moving Averages

SIMPLEEXP.WEIGHTED
MA (5)10.98611.02610.968
MA (10)11.25111.15511.107
MA (20)11.31811.32611.255
MA (50)11.83811.74511.529
MA (100)12.48412.00712.064
MA (200)12.06712.06712.245
BUY0180

Trend Indicators

MACD (12,26,9)-0.2255
ADX (14)46.7442
RSI (14)29.1599
Williams %R (14)-96.5517
Stochastic RSI (14)-0.00
ROC (10)-6.1102
CCI (14)-108.051
Ultimate oscillator (7,14,28)38.1076
Stochastic Fast (14)3.4483
ATR (14)0.1882
BBands (20)0.9173
BUY173

Pivot Points

names3s2s1pivotr1r2r3
classic10.75310.81610.86310.92610.97311.03611.083
fibonacci10.81610.85810.88410.92610.96810.99411.036
camarilla10.77210.78110.79010.92611.02911.03811.038
woodieN/A8.08505.40008.19505.51008.3050N/A
demarkN/AN/A10.83910.91510.949N/AN/A
names3s2s1pivotr1r2r3
classic
fibonacci
camarilla
woodie
demark

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