Gas (CRYPTO: GAS)
$4.88
(2.5%)
$0.12
Price as of May 13, 2024, 11:40 p.m. ET
Gas Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
|---|
Gas Company Info
Gas (GAS) is a cryptocurrency fueling transactions on the NEO blockchain. While NEO, the main cryptocurrency of NEO blockchain, represents ownership and is used for creating smart contracts and deploying decentralized applications, GAS pays for transaction fees and computational services. The amount of GAS generated is proportional to the amount of NEO held, and its demand increases with more transactions on the NEO network. GAS can also be traded on cryptocurrency exchanges. It was introduced by the NEO development team in China in 2014 when NEO was rebranded from Antshares.
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