Gas Price for today is $5.3898605895. Its current circulating supply is GAS 17,190,378 with a market cap of $54,590,530.
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Currently, Gas (GAS) is trading at $5.3899 with GAS price 8.55% up today. The market cap of Gas is USD 54,590,530 with 10,128,375 gas circulating currently. The 24-hour price movement chart indicates that $1,833,689 worth of GAS were trading. The price peaked to $5.3683 in the last 24 hours while the lowest price was $4.9385.
There is a projected increase in the Gas coin price, to USD $27.332 by the end of this year, with an expected rise of a healthy 407.100314%. This means that in the year 2023, the Gas price is forecasted to stand at $68.487 . You can keep track of Gas’s progress by adding it to your wallet portfolio.
The Gas price predictions show a steady growth in Gas value due to the fact that this cryptocurrency is used for running decentralised Neo applications and smart contracts on the Neo platform, which is a highly favoured platform and is often dubbed as the Chinese Ethereum, being one of the most valuable cryptocurrency platforms. The positive Gas coin price prediction also arises from the fact that the supply of Gas coins is significantly lesser than Neo coins.
Gas coin predictions are also based on the fact that there will be a strong paradigm shift towards the creation of digital assets by businesses in different sectors, fueling the growth of Neo platform and Gas cryptocurrency. CoinSwitch allows the comparison of Gas price chart or Gas coin price chart in real-time for the efficient trading of this promising secondary cryptocurrency that fuels a platform that can disrupt different sectors of business as we know it today.
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Gas, also known as NeoGas is the secondary cryptocurrency supported by the Neo platform. It is issued by Neo to support decentralised application payments on the Neo platform, similar to Ether on the Ethereum platform. It is produced at the rate of 0.00000008 GAS reward per NEO per processed block. The number of Gas rewards keeps decreasing with passing time. Simply put, Gas is like the currency used for operating on the Neo platform where Gas needs to be spent once smart contracts are fulfilled in the form of smart contract registration fees and so on.
CoinSwitch is an exchange facilitating the buying and selling of 300 different kinds of cryptocurrencies and alt-coins, including the most famous ones like Bitcoin, Ethereum, Litecoin and Monero.
CoinSwitch, largest cryptocurrency exchange facilitates you to buy Gas and sell Gas, to enable efficient Gas trading in the simplest and most seamless manner. By comparing various cryptocurrencies with Gas coin, CoinSwitch supports Gas exchange between the sender and the receiver with great simplicity by enabling a user-friendly UI allowing the direct deposit of the amount into the benefactor’s Gas wallet having a unique key, which would never be asked to be revealed by any CoinSwitch employee at any point.
Gas cryptocurrency was created along with Neo cryptocurrency on the Neo platform for facilitating payments for decentralized applications on the Neo platform, and hence it is used by the Neo time to exercise management rights on the Neo coin. The management rights include accounting reconciliation and changes to network parameters, to name a few. Gas provides a use case where payments where Neo currency which cannot be divided can get remunerated in Gas currency payments.
Currently, there is no real-life use for Gas, which may change when Neo transactions, which are free now and may be charged in Gas payments in the future.
If you are new to crypto trading, it's always advisable to learn about, what is Gas, it's benefits and indicative return on investment.