GAS - Gas Price, Charts, All-Time High, Volume & Markets - In USD, EUR, CNY etc. | Nomics
1D
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Gas (GAS)

GAS Price
$1.8107
-4.12%
Market Cap
$25.23M
-4.12%
Volume
$3.85M
-55.63%
Transp. Vol.
18%-39.60%
Grade
A gradeA grade
Rank
#313

GAS / Gas Price

(1 year)
Price Prediction:
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Gas Daily Performance

Today's Gas price is $1.8107, which is down 4% over the last 24 hours. Gas's market cap is $25.23M. 24 hour GAS volume is $3.85M. It has a market cap rank of 313 with a circulating supply of 13,935,116 and max supply of 100,000,000. Gas is traded on exchanges. Gas had an all-time high of $87.99 about 3 years ago. Over the last day, Gas has had 18% transparent volume and has been trading on 73 active markets with its highest volume trading pairs being .

GAS Data Highlights
Gas Price$1.8107
Price Change (24hr)
-4.12%
Market Cap$25.23M
-4.12%
Trading Volume (24hr)$3.85M
-55.63%
Transparent Vol. (24hr)
$678,70018%-39.60%
Transparency GradeA gradeA grade(Transparent)
7D Price Prediction
N/A
1st 1D CandleAug '17
1st TradeAug '17
1st OrderbookAug '18
Exchanges34
Trading Pairs73
Updated2 minutes

Gas Statistics

Price

$1.8107
Price Change
-$0.077726 (-4.12%)

All-Time High

$87.99
Date of ATH1/15/2018
Days Since ATH1107
% of ATH2.06%
Price vs ATH

Market Cap

$25.23M
Mkt Cap Change
-$1.08M-$1,083,126 (-4.12%)
Mkt Cap Rank313
Mkt Dominance<1%
Mkt Dominance

Circulating Supply

13,935,116
Max Supply100,000,000
% in Circulation13.94%
% in Circulation

Volume

$3.85M$3,848,122
Vol. Change
-$4.82M-$4,824,562 (-55.63%)
Exchange VolumeUnknown

Transparent Volume

18%
Transparent Volume (Δ)
-39.60%
Transparent Volume
A - 18%
C - 60%
D - 23%
? - <1%

About Gas

GAS is a utility token which is used primarily on the NEO blockchain with the key purpose to cover transaction fees. It has similar functions to gas utilized on Ethereum, but its core difference lies in its generation process. GAS tokens are created automatically if you hold NEO on your wallet for a period of time.

To understand the key features of GAS, one should get at least a brief knowledge of what NEO represents. Launched in 2014, this project is often referred to as “Ethereum’s killer“ or “Chinese Ethereum” since it aims to provide developers with a similar platform for dApps’ creation. Its key advantage is that it has managed to solve the scalability issue inherent to all Ethereum-based platforms. NEO has the built-in system of smart contracts, but unlike Solidity-based contracts on Ethreum, these ones are much more developer-friendly as they are based on well-known programming languages such as Go, Python, Javascript, and C#.

The key cryptocurrency NEO fueling the platform acts as a proof of stake and gives NEO holders the right to participate in the platform’s development. In order to do that, they can stake their coins to support some specific proposals. In order to make a transaction, it’s required to pay network fees, and that’s where GAS can help as it covers these fees. Its other functions include resource allocation, network charges and incentivizing the participants.

GAS can be obtained on some popular exchange platforms such as Binance, Coinone, OKEx or Digifinex, but it can also be earned for holding NEO. The proof-of-stake consensus algorithm implies distributing 8 GAS coins across all NEO holders for every newly generated block. The size of the reward is proportional to the amount of staked coins.

While NEO token is indivisible, GAS can be divided by a factor of 1/10^8. This coin is not pre-mined and has a finite supply of 100 million tokens which will be generated via a decay algorithm by the year 2040.

Ass the project operates from China, the information about its founders is pretty scarce as they prefer working within their home region. The co-founders of NEO are Da Hongfei and Erik Zhang, but their background remains veiled.

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Gas Markets

(Top 10)
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Gas Historical Data

(Past 7 Days)
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Frequently Asked Questions

  • What’s the current Gas price? How much is 1 Gas worth?

    The price of 1 Gas is $1.8107. Over the last 24 hours, a Gas is worth -4.12% less. Go here to convert GAS prices to currencies other than USD.
  • When did Gas start?

    The earliest trading data for Gas is on August of 2017 (based on current exchange data).
  • How high can the Gas price go?

    Gas’s price has gone as high as $87.99 (which is GAS’s all-time high). It achieved this price about 3 years ago. Speculations abound for how high Gas’s price will get in the future.

Today's GAS / Gas News for January 26, 2021

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