fbpx
QQQ
+ 7.05
312.29
+ 2.21%
DIA
+ 4.00
336.23
+ 1.18%
SPY
+ 6.32
403.85
+ 1.54%
TLT
+ 1.27
134.54
+ 0.94%
GLD
+ 1.54
169.61
+ 0.9%

If You Invested $1,000 In Neo Crypto On Jan. 1, Here's How Much You Would Have Now

April 19, 2021 1:36 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
If You Invested $1,000 In Neo Crypto On Jan. 1, Here's How Much You Would Have Now

Neo (NEO) emerged as China’s first public blockchain at its launch in 2014. The network was often touted as Ethereum (ETH) of China back in the day. 

The Token: NEO acts as an investment token and allows holders to participate in the governance of the blockchain. The network has another token called GAS (GAS) for fee purposes.

NEO touched an all-time high of $196.85 on Jan 15, 2018, and is trading nearly 40% below that level currently.

At press time, NEO traded 39.35% higher at $117.37 on a 24-hour basis and gained 86.41% on a seven-day basis.

NEO was the top gainer on a 24-hour basis in the list of cryptocurrencies by market cap, as compiled by CoinMarketCap.

ETH in comparison traded higher by 2.92% at $2,255.37 at press time.

The Investment: If you were to have invested $1,000 at the beginning of 2021 in Neo, you would have received 69.83 NEO at a price of $14.32 per unit on Jan. 1.

Taking the number of NEO held into account, at the current price, that investment would today be worth $8,196.22,  a gain of 719.62%. 

See Also: What Does Dogecoin Rally Mean For The Overall Cryptocurrency Market?

A similar investment in ETH would be worth $3,057.26 today, a gain of 205.72%. However, if you had opted for the GAS token, you would have $12,854.30 today, a gain of 1,185.43%.

GAS traded 8.79% higher over 24 hours at $19.41 at press time. 
Read Next: Why Is Dogecoin Skyrocketing But Bitcoin, Ethereum Are Tanking?

Photo: Courtesy of Neo


Related Articles

Here's How You Can Get Shiba Inu For Free

Shiba Inu (CRYPTO: SHIB) — the token that recently saw three-digit gains in single days — will be distributed among the users of crypto financial services firm Crypto. read more

DBS Bank Singapore Launches Asia's First Direct Crypto Offering To Clients

Asia’s largest bank has moved to offer its wealthiest clients direct access to cryptocurrencies. read more

7 Surprising Bitcoin Metrics You Should Watch Amid Latest Fall

Bitcoin (CRYPTO: BTC) recently saw a major downwards price movement after Tesla Inc. (NASDAQ: TSLA) announced it wouldn't b read more

SkyBridge's Scaramucci Says It Takes 'Diamond Hands' To Hold Bitcoin Right Now

Bitcoin (CRYPTO:BTC) is emerging as an asset class, said Anthony Scaramucci, founder and co-managing partner of SkyBridge Capital, Friday on CNBC's "Fast Money: Halftime Report." The Bitcoin price action in 2021 shows there is a tremendous amount of demand for the cryptocurrency, including institutional demand, Scaramucci said. read more