Gas Price Hits $3.93 on Exchanges (GAS)

Gas (GAS) traded up 2.1% against the dollar during the twenty-four hour period ending at 12:00 PM ET on October 27th. One Gas token can currently be purchased for $3.93 or 0.00005803 BTC on major cryptocurrency exchanges. Gas has a market cap of $232.25 million and $4.32 million worth of Gas was traded on exchanges in the last 24 hours. In the last week, Gas has traded 11.5% lower against the dollar.

Here’s how similar 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower 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.BBN (SOLVBTC.BB) traded 1.2% higher against the dollar and now trades at $67,547.84 or 0.99717155 BTC.
• SolvBTC (SOLVBTC) traded 0.9% higher against the dollar and now trades at $67,461.69 or 0.99589977 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Gas Profile

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

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 currently possible to buy alternative cryptocurrencies such as Gas directly using U.S. dollars. Investors seeking to trade Gas should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Gas using one of the exchanges listed above.

GAS/USD price chart by TradingView