NEO, often dubbed the "Ethereum of China," is a blockchain platform that leverages the potential of smart contracts to automate and digitize asset management. Its focus on regulatory compliance and identity verification sets it apart, appealing to governments and businesses looking to integrate blockchain solutions within existing legal frameworks. By fostering a dual-token ecosystem and supporting multiple programming languages, NEO aims to bridge the gap between the traditional and digital economies.
NEO, often dubbed the "Ethereum of China," has been a significant player in the cryptocurrency space since its inception in 2014. Originally launched as "AntShares," the project rebranded in 2017, capturing global attention with its vision of digitizing assets and automating the management of digital assets using smart contracts. The coin has experienced significant peaks and troughs, reflective of both the volatile crypto market and the unique challenges it faces.
NEO stands out with its developer-friendly environment, offering multiple programming language support, including Python, Go, and C#. This flexibility aims to attract a broader range of developers to build on its platform, thereby promoting a more diverse ecosystem. Unlike Bitcoin's proof-of-work and Ethereum's proof-of-stake (transitioning), NEO uses delegated Byzantine Fault Tolerance (dBFT) as its consensus mechanism, allowing for faster transaction speeds and enhanced scalability.
Advantages:
NEO has several advantages that make it appealing. Its dual-token system separates governance with GAS, allowing users to pay for network transaction fees independently of the NEO coin, which is used for governance rights and management on the blockchain. Its focus on regulatory compliance could position NEO favorably in jurisdictions with stringent digital asset regulations.
Disadvantages:
Despite its strengths, NEO faces challenges such as a comparatively centralization issue due to its consensus mechanism, which some argue can limit the decentralization appeal. Moreover, competition among smart contract platforms is fierce, with Ethereum, Cardano, and Polkadot continuously innovating and expanding their user bases.
NEO has experienced remarkable historical performance, reaching an all-time high of $198.38 in January 2018. However, like many cryptocurrencies, it has also endured significant downturns, currently priced at $10.08, which marks a substantial 94.9% decrease from its peak value. Despite these fluctuations, early investors still enjoy a remarkable ROI exceeding 27,911% from its all-time low of $0.078349, highlighting the potential for growth and resilience of the coin.
The future of NEO looks promising as the platform continues to forge partnerships and expand its technological stack. The recent introduction of NEO 3.0 aims to significantly enhance the platform's efficiency, usability, and global economic integration. As regulatory frameworks for cryptocurrencies mature worldwide, NEO's early emphasis on regulatory compliance might yield strategic advantages.
Overall, the cryptocurrency market remains highly speculative and unpredictable. However, the combination of a robust technological foundation and strategic global positioning could ensure NEO remains a significant contender in the smart economy landscape.
General Information |
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Title
NEO
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Symbol
neo
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Whitepaper
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Website
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Community
-
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Last Updated
2025-07-07 23:29
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Price Data |
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Current Price $
5.41 $
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High 24h
5.53 $
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Low 24h
5.36 $
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Price Change 24h
-0.04326 $
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Price Change % 24h
-0.79379 %
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Market Data |
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Market Cap
381 000 070
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Total Volume
19 442 119
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Market Cap Change 24h
-3 261 770
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Market Cap Change % 24h
-0.84884 %
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Return on Investment (ROI)
14 919 %
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Supply and Availability |
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Circulating Supply
70 530 000
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Total Supply
100 000 000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
198.38
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ATH Change %
-97.27776 %
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ATH Date
2018-01-15 00:00
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All Time Low (ATL)
0.07835
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ATL Change %
6 792.74306 %
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ATL Date
2016-10-21 00:00
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