Gas

GAS Price

What is Gas about?

Gas is one of the two coins created by the Neo Foundation. It is used as a processing fee for the Neo coin.

What makes Gas unique?

The Neo hashing algorithm is Proof of Stake (PoS), where the processing power of blocks depends on the amount of tokens held by miners, rather than the Proof of Work method, which depends on the mining power a miner has to create a new block.

What's the history of Gas?

Neo holders are compensated with a certain amount of Gas every month, a concept similar to ether gas, used to power transactions. It is a coin paid as compensation for the interest generated by PoS mining.

What's next for Gas?

Initially, about one Neo was paid per day with 1000 Neo, but the design algorithm is gradually decreasing over time, offset by the price increase.

What can Gas be used for?

Gas is a coin closely related to Neo, and its movement is closely tied to the rise of Neo, forming a necessary relationship that allows for fluid movement.

Where can you buy Gas?

GAS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Gas is Binance, where the most active trading pair GAS/USDT has a trading volume of $230,921.52 in the last 24 hours. Other popular options include Upbit and OKX.

What is the daily trading volume of Gas (GAS)?

The trading volume of Gas (GAS) is $542,528.40 in the last 24 hours, representing a -40.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Gas (GAS)?

Gas (GAS) reached an all-time high of $91.94 and an all-time low of $0.6213. It’s now trading -98.50% below that peak and 129.30% above its lowest price.

What is the market cap of Gas (GAS)?

Market capitalization of Gas (GAS) is $92,734,469 and is ranked #310 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GAS tokens (65 Million tokens are tradable on the market today).

What is the fully diluted valuation of Gas (GAS)?

The fully diluted valuation (FDV) of Gas (GAS) is $92,734,469. This is a statistical representation of the maximum market cap, assuming total number of 65 Million ETH tokens are in circulation today.

How does the price performance of Gas compare against its peers?

With a price decline of -6.40% in the last 7 days, Gas (GAS) is underperforming the global cryptocurrency market which is up 0.10%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.10%.