NEO
NEO
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₹1,290.82
LIVE
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24H Low ₹1,263.79
24H High ₹1,360.72
Price of NEO today
The current live price of NEO today is ₹1,290.82, with a 24-hour trading volume of ₹4,31,53,96,018.75. Our NEO to INR price is updated in real-time. NEO has seen a decrease of -1.20% in the last 24 hours. With a live market cap of ₹91,23,80,42,502.55 , the circulating supply is at 70,538,831 NEO coins, with a maximum supply of 100,000,000NEO coins.
NEO Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | -₹15.84 | 1.21% |
7 Days | -₹421.26 | 24.63% |
30 Days | -₹75.49 | 5.53% |
1 Year | -₹67.10 | 4.95% |
NEO Price Information
Price Change (1hr)
1.59%
Price Change (24hr)
1.21%
Price Change (7d)
24.63%
NEO Market Stats
Market Cap
₹91,23,80,42,502.55
Fully Diluted Market Cap
₹1,29,34,44,20,951.01
24hr Volume
₹4,31,53,96,018.75
14.5%
Circulating Supply
70538831 NEO
Total Supply
100000000 NEO
Things to know about NEO
What is Neo (NEO)?
Neo is a blockchain platform supporting cryptocurrency, digital assets, and smart contracts.
NEO was founded by Da Hongfei and Erik Zhang in 2014, it rebranded from Antshares in 2017.
It aims for an intelligent economy with automated digital asset management.
Tokenomics
Two-token model: NEO (governance) and GAS (fuel).
NEO is capped at 100 million tokens.
GAS is also capped at 100 million, distributed over ~22 years with each new block.
Market Data
As of today #{today’s date}, the price of NEO is ₹1,290.82 INR or 13.85 USD, with a 24-hour trading volume of 46302532.39 USD. The market capitalisation for NEO is 978948953.89USD. The circulating supply is 70538831 NEO, with the total supply also being 100000000 NEO.
Pros and Cons
Pros:
The smart contract functionality supports multiple programming languages.
Its unique dual-token model (NEO and GAS) that separates governance from utility.
The strong focus on regulatory compliance and digital identity.
:
Centralised model with a limited number of consensus nodes.
Competition from other blockchain platforms like Ethereum.
Regulatory uncertainty, especially in China, where it has significant operations.
Why Should You Invest in the Coin?
The vision of an innovative economy.
Dual-token model and development platform appeal.
Focus on compliance and attracting developers/projects.
USP of the Coin
Smart economy vision integrating digital assets, identity, and contracts.
Dual-token system, multi-language support for smart contracts.
Problem the Coin is Solving
Integrates real-world assets with blockchain via digital identity and contracts.
Facilitates easy management and transaction of assets on the blockchain.
Founder and Team Background
Founders Da Hongfei and Erik Zhang are early cryptocurrency adopters.
Also founded Onchain, a blockchain R&D company.
ICO Price
ICO in 2016; NEO priced at $0.032.
Raised $4.65 million for 50 million tokens.
Risks Associated in Investing in the Coin
Regulatory challenges, especially in China.
Competition, security vulnerabilities, market volatility.
Importance of due diligence before investing.
Whitepaper Insights
The NEO whitepaper outlines the vision of a “smart economy” that integrates blockchain technology and digital identity to digitise assets, using smart contracts for asset management to create a distributed network. Digital assets on the NEO blockchain are programmable and can be decentralised, trustful, traceable, and transparent. NEO’s digital identity system is based on the PKI (Public Key Infrastructure) X.509 standard, which allows for identity verification through multiple authentication methods. NEO’s smart contract system, NeoContract, is designed to be seamlessly integrated with existing developer ecosystems. For smart contract development, developers can use familiar programming languages such as C#, Java, and others in their preferred IDE environments. The NeoVM, NEO’s Universal Lightweight Virtual Machine, offers high certainty, concurrency, and scalability for smart contracts. The NEO token represents the right to manage the network, with governance rights including voting for bookkeeping and network parameter changes. The GAS token is used as the fuel for realising Neo network resource control, with a maximum total limit of 100 million. GAS is generated with each new block, and its distribution is designed to decrease over time, with all GAS expected to be distributed after approximately 22 years. The NEO network employs a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which allows it to support up to 10,000 transactions per second. The network is designed to be regulatory-compliant, with digital identities that can be verified and linked to real-world identities, aiding in compliance with KYC/AML and other regulatory requirements.
The whitepaper also discusses NEO's economic model, including the distribution mechanism of the tokens. Fifty million NEO tokens were distributed proportionally to supporters during the crowdfunding phase, while the Neo Council manages the remaining fifty million to support NEO's long-term development and ecosystem. The NEO in this portion has a lockout period and is released gradually to fund development and ecosystem growth. In summary, the NEO whitepaper presents a comprehensive vision for integrating blockchain technology into the economy, with a focus on digital assets, digital identity, and smart contracts. It emphasises the platform’s scalability, developer-friendly environment, and compliance with regulatory standards, positioning NEO as a key player in developing a smart economy.
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Price as per 02:00 AM • 23 Dec 2024
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What is the price of NEO (NEO)?
The current price of NEO (NEO) in INR is ₹1,290.82 INR.
What is the current NEO market cap?
The current market capitalization of NEO (NEO) is ₹91,23,80,42,502.55 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of NEO by the number of coins in circulation.
What is the current supply of NEO (NEO)?
The current supply of NEO (NEO) is 70538831 NEO. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of NEO (NEO)?
The 24-hour trading volume of NEO (NEO) in INR is ₹4,31,53,96,018.75. This figure represents the total value of all NEO transactions across various exchanges within the last 24 hours.
How to Buy NEO (NEO) in India?
To buy NEO (NEO) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in NEO.
Can I buy NEO (NEO) with UPI?
Yes, you can buy NEO (NEO) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert NEO (NEO) to Indian Rupee (INR)?
To convert NEO (NEO) to Indian Rupee (INR), you can use our NEO/INR conversion rates in real time.