Gas (GAS) Price

Current Price: $1.57

24-Hour Change: +1.25%

Market Cap: $102,524,784

24h Volume: $4,290,840

24h High: $1.58

24h Low: $1.54

Market Cap Rank: #286

About Gas

Gas is one of the two coins created by Neo Foundation. Gas is used as a processing fees for Neo coin. Neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block. Neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction)