Gas Trading 7.4% Lower This Week (GAS)

Gas (GAS) traded 5.8% higher against the dollar during the one day period ending at 0:00 AM Eastern on November 5th. Gas has a total market capitalization of $219.91 million and $10.53 million worth of Gas was traded on exchanges in the last 24 hours. In the last week, Gas has traded 7.4% lower against the dollar. One Gas token can currently be purchased for about $3.72 or 0.00005003 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 8.8% higher against the dollar and now trades at $74,182.62 or 0.99721278 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 9% against the dollar and now trades at $74,022.06 or 0.99505441 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gas Profile

Gas’ launch date was July 15th, 2016. Gas’ total supply is 64,992,331 tokens and its circulating supply is 59,083,340 tokens. Gas’ official website is neo.org. The Reddit community for Gas is https://reddit.com/r/NEO and the currency’s Github account can be viewed here. Gas’ official Twitter account is @neo_blockchain and its Facebook page is accessible here.

According to CryptoCompare, “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.”

Buying and Selling Gas

It is usually not possible to buy alternative cryptocurrencies such as Gas directly using U.S. dollars. Investors seeking to trade Gas should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Gas using one of the exchanges listed above.

GAS/USD price chart by TradingView