01/31/2025
BTC104,793.0
ETH3,240.46
XRP3.1
USDT0.999917
SOL237.85
BNB680.98
USDC0.99999
DOGE0.327643
BUSD1.006

Gas (GAS) Price

GAS
4,6
$4.67
Market cap
304,312,147.0
Total volume
4,630,021
Circulating supply
65,093,580
Total supply
65,093,580
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Gas represents one of the duo of cryptocurrencies introduced by the Neo Foundation. It functions primarily as transaction fees for the Neo currency.

The underlying technology of Neo utilizes a Proof of Stake (PoS) hashing algorithm. This means the capability to process blocks is influenced by the quantity of tokens a miner possesses, as opposed to the Proof of Work scheme which relies on a miner's computational power to forge new blocks.

Individuals holding Neo are rewarded with a specific quantity of Gas monthly. This mechanism mirrors the concept of ether gas and serves as the fuel for transactions. Essentially, it is a form of currency granted as a reward, akin to interest earned through PoS mining.

Upon its inception, holders of Neo were entitled to approximately one Gas daily per 1,000 Neo. However, this is regulated by a designed algorithm that decreases incrementally over time, a process that is balanced by an appreciation in value.

Strongly intertwined with Neo, Gas thrives alongside its counterpart, ensuring a symbiotic progression essential for a smooth trajectory of growth and valuation.

Homepage: https://neo.org/
Twitter: neo_blockchain
Reddit: gas

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Converters GAS

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BNB (BNB)
$680.98
0.77%
Buy
Bitcoin (BTC)
$104,793.0
0.45%
Buy
Bitcoin Cash (BCH)
$433.14
0.73%
Buy
Ethereum (ETH)
$3,240.46
-0.05%
Buy
Lido Staked Ether (STETH)
$3,248.27
0.63%
Buy
Ripple (XRP)
$3.1
0.2%
Buy
TRON (TRX)
$0.254353
0.94%
Buy
Tether (USDT)
$0.999917
-
Buy
Toncoin (TON)
$4.84
0.83%
Buy
USD Coin (USDC)
$0.99999
-
Buy

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