NEO GAS PRICE PERFORMANCE
The GAS token is currently down by 98% from its all-time high. The cryptocurrency reached its all-time high three years ago when it was trading at $95.83 per coin. However, the bear market has caught up with the coin and it has lost roughly 98% of its value since then. Currently it is trading at $1.82 per coin.
ABOUT NEO GAS
GAS is a coin distributed by holding NEO in a user’s wallet. GAS is used to fuel transactions on the NEO blockchain. With each NEO Block being generated, GAS will be distributed to all NEO holders. The NEO blockchain was designed to utilize blockchain technology to digitize assets using smart contracts and common programming language.
NEO GAS DEVELOPMENTS
Despite the price of GAS currently down by 98%, the NEO team continues to roll out developments and upgrades on the network. The cryptocurrency project recently launched an Interoperability Protocol Poly Network with other founding members. The team has also been partnering with other blockchain-based services to drive mainstream adoption of the cryptocurrency. Other developments by the NEO team include the InterWork Alliance, the Preview3, regular testnet upgrades, and more.
EXCHANGES NEO GAS IS LISTED ON
INVESTORS
At the moment, there are no prominent investors on the NEO GAS project.
TRADING VERDICT
The NEO GAS coin is currently down by 98%, and it is struggling to reach its all-time high price of three years ago. However, despite the abysmal performance, the NEO team has been very active, which means that the project is not dead. The team has been rolling out updates and upgrades on the blockchain. They have also been partnering with other blockchain service providers to ensure the project goes mainstream.
