Neo (NEO) Price Down 6.8% Over Last Week

Neo (NEO) traded 1.6% lower against the U.S. dollar during the 1-day period ending at 7:00 AM ET on June 1st. Neo has a market cap of $186.73 million and $9.49 million worth of Neo was traded on exchanges in the last day. During the last week, Neo has traded down 6.8% against the U.S. dollar. One Neo coin can now be bought for approximately $2.65 or 0.00003642 BTC on major exchanges.

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

• 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 1.4% against the dollar and now trades at $72,596.92 or 0.99882526 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% lower against the dollar and now trades at $72,570.02 or 0.99778493 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Neo Profile

Neo (NEO) is a coin. It was first traded on August 1st, 2017. Neo’s total supply is 100,000,000 coins and its circulating supply is 70,538,831 coins. 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. Neo’s official website is neo.org. The official message board for Neo is medium.com/neo-smart-economy.

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 currently possible to purchase alternative cryptocurrencies such as Neo directly using US dollars. Investors seeking to trade Neo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Neo using one of the aforementioned exchanges.

NEO/USD price chart by TradingView