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United States Dollar logoUSD
Gas (GAS)GAS
$2.9168
-3.52%
Gas (GAS)
GAS Price
$2.9168
-3.52%
Rank
#361
Market Cap (24H)
$40.65M
-3.52%
Volume (24H)
$4.23M
-18.33%
Circulating Supply
13,935,116
Transp. Vol.
Grade
1H1D1W1M1Y
-3.52%
Gas logo
GAS
United States Dollar logo
USD
NEO602c797...9282de7
NEO
Verify address & DYOR
Contract
NEO602c797...9282de7
NEO
Verify address w/ multiple resources & DYOR
Blockchain
Websitehttps://neo.org/
CommunityTwitter
GAS is a utility token which is used primarily on the NEO blockchain with the key purpose to cover transaction fees. It...Read more
Prediction

Gas Price (GAS)

GAS Daily Performance

Today's Gas price is $2.9168, which is down 4% over the last 24 hours. Gas's market cap is $40.65M. 24 hour GAS volume is $4.23M. It has a market cap rank of 361 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 $87.68 over 4 years ago. Over the last day, Gas has had 0% transparent volume and has been trading on 78 active markets with its highest volume trading pairs being .

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Gas Statistics

Gas Price (24hr)$2.9168 (-3.52%)
Market Cap$40.65M (-3.52%)
Trading Volume (24hr)$4.23M (-18.33%)
Transparent Vol. (24hr)
Unknown
Transparency GradeUnknown
Circulating Supply13,935,116 (13.94%)
All-Time High
$87.68-96.67%
1/15/2018 (5 years ago)
7D Price Prediction
$2.8794

Price

$2.9168
Price Change
-$0.106492 (-3.52%)

All-Time High

$87.68
Date of ATH1/15/2018
Days Since ATH1667
% of ATH3.33%
Price vs ATH

Market Cap

$40.65M
Mkt Cap Change
-$1.48M-$1,483,976 (-3.52%)
Mkt Cap Rank361
Mkt Dominance
Mkt Dominance

Circulating Supply

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

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 $2.9168. Over the last 24 hours, a Gas is worth -3.52% less. Visit our currency converter page 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 $87.68 (which is GAS’s all-time high). It achieved this price over 4 years ago. Speculations abound for how high Gas’s price will get in the future.
  • What's the smart contract address for Gas?

    Gas's smart contract address is 602c79718b16e442de58778e148d0b1084e3b2dffd5de6b7b16cee7969282de7.

Today's GAS / Gas News for August 9, 2022

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