At such a time when the crypto money markets were stagnant, Neo reached a new record level with the highest level of all time. Over the last 24 hours, the NEO has risen by more than 25%, and at the time of writing the news saw the highest level of all time with 187 dollars.
Neo, which aims to create a smart economy with distributed network technology, is called Ethereum of China because of its infrastructure. At the same time, it is believed that Neo, which we can call China's domestic crypto money, can get a share from the second largest economy in the world.
Factors leading to the rise of Neo
ICOs, which are becoming popular every day and provide significant funding for start-up projects, have recently started to use Neo instead of Ethereum due to their transaction fees. NEO's GAS tokens - end supply - will be used by ICOs to support their smart contracts. NEO owners will be able to earn dividends from using GAS.
Moreover, developers who want to create intelligent contracts at Ethereum must learn the platform's proprietary programming language, Solidity. NEO, on the other hand, is written in C # and Java, making it more accessible to developers who want to join the community to support development.
This analogy in sharing a Reddit looks good: BTC crypto 1.0, ETH crypto 2.0 and NEO crypto 3.0.
As I mentioned at the beginning of the article, in this period when the crypto money markets were generally uneasy, Neo carried the market value of over $ 12 billion with the confidence provided by its powerful infrastructure like Ethereum. According to the market ranking, crypto money, which almost coincides with NEM, is at the 8th place and has a very high volume of 1.3 billion dollars in the last 24 hours.
There are 66 crypto money exchanges listing Neo Coin. The highest volume among these stock exchanges is the Binance, which quickly became one of the world's largest crypto stock exchanges. On the stock exchange, the Neo / BTC, Neo / ETH, Neo / USDT and Neo / BNB trading volumes over 24 hours exceed 500 million dollars.
NEO is my #1 HODL'd coin . It will follow Ethereum's path and be worth at least a thousand USD within this calender year of 2018.
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well done uzay!
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