Neo (NEO) is known as Chinese Ethereum and previously known as Antshares. The huge Chinese economy has helped the Neo coin to get a huge base of users and it claims of using an algorithm called Delegated Byzantine Fault Tolerance (dBFT).





Neo (NEO) has performed more or less with a stable outlook with less than 5 instances of price variations until May from the starting of 2019. The major growth was achieved on April 06th when it gained almost 40% in just a week. Since then Neo is experiencing a price correction phase, and this phase has dragged the coin to its real market value. This inconsistency also has eliminated speculators from the market. The market cap on 9th April was 816,074,369 USD, and the value of each coin was 12.55 USD. The current market cap, as well as the value in USD, has deflated by 27% in these 30 days.

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