Neo
Last modified on 11. October 2020
Quick Facts
The user known as dahongfei introduced Neo on 1 August 2017 at bitcointalk.org. The logging of real-time trading data by coinmarketcap.com subsequently began in October 2016.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of Neo during the first trimester of 2019 equated to nearly US$ 208 m per day. Over the same period the year before, this figure came to over US$ 315 m. The trading volume dropped by 34.1 percent accordingly.
The average market capitalization during the first trimester of 2019 equated to over US$ 545 m. This figure came to over US$ 7.1 bn during the same period the year before. The corresponding downward retracement of market capitalization was 92.3 percent.
Trading Price
The average trading price in the first trimester of 2019 equated to just under US$ 8.61. In the same period of 2018, this figure came to nearly US$ 120. The price dropped accordingly by 92.6 percent.
The all-time high of Neo in 2018
The Neo currency climbed to a high in January 2018 at nearly two hundred US dollars. At this trading price, the coin reached a market capitalization of nearly US$ 12.2 billion. This put Neo in the ballpark of certain other digital currencies, such as Litecoin, NEM, Stellar and IOTA.
Neos all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 232 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 901 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 111 billion.
- Neo (NEO): 12.2 bn US dollars
- Bitcoin (BTC): 232 bn US dollars
- Apple (AAPL): 901 bn US dollars
- VW (VWAGY): 111 bn US dollars
- Date: 15 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Neo stood at US$ 9.26 with a market capitalization of over US$ 586 million. A drop down to approximately 4.7 percent in comparison with the highest trading price described above.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
More Details
The Neo-Coin is not generated by mining. Its maximum number of coins is exactly one hundred million US dollars. Those interested in the source code should also take a look at the GitHub page.
Current Neo transactions can be tracked using this block explorer, which also displays block height and other recently updated metrics.
Further information about Neo, including the white paper and other links to source code, community forums and social media accounts can be found on neo.org.
Markets
EUR
A large market for buying or selling Neo in EUR is Bitfinex. There are additional platforms where you can buy or sell Neo, including Bitvavo, CEX.IO and HitBTC.
USD
Two large markets for buying or selling Neo in USD are Binance and Bitfinex. Additional trading platforms for buying or selling Neo in USD are ZB.COM, HitBTC and VinDAX, among others.
BTC
Two large markets for buying or selling Neo in BTC are Binance and Bitfinex. Additional trading platforms for buying or selling Neo in BTC are Finexbox, HitBTC and CoinBene, among others.
Social Links
Take a look at the following social media channels to speak directly to the Neo team:
1. This figure changes to 0.8959 percent when taking Bitcoin out of the equation.