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1 GASVES Bs242.83
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Mr Rafique
1 day ago

$GAS continues to demonstrate resilience, holding firmly above its ascending support line.
This movement suggests that the token remains in a safe zone, offering a strong foundation for potential bullish momentum in the coming weeks.

Analysis of Current Price Action

The chart reveals $GAS is respecting the upward trendline, reflecting steady buyer interest. This ascending support serves as a critical level, enabling the token to consolidate and possibly gear up for its next upward push.

What Could Happen Next?

If $GAS maintains its trajectory:
• Bullish Scenario: A breakout above the $5.00 level could pave the way for a test of the $6.00–$7.00 range, potentially targeting the previous highs around $8.00.
• Bearish Scenario: A breach below the support line might lead to a retest of lower levels around $4.00, but this remains unlikely given the current positive sentiment.

Strategy for Traders
1. Watch Key Levels: Focus on $5.00 as a pivotal resistance level. A decisive move beyond this could signal the continuation of the uptrend.
2. Trendline as Support: Use the ascending trendline as a guide to set stop-loss orders and manage risk.
3. Take Profit Zones: Monitor psychological levels at $6.00 and $7.00 for partial exits.

Final Thoughts

GAS appears well-positioned for its next significant move, provided it continues to hold above the ascending support. Traders should remain cautious yet optimistic as the market develops. Keep this one on your watchlist for further updates!
#GMTBurnVote #BitwiseBitcoinETF #CryptoRegulation2025 #CryptoRegulation2025 #Crypto2025Trends
{spot}(GASUSDT)

    GAS to VES:
    1 Gas equals Bs 242.83 VES+2.64%1D
    GAS to VES:
    1 Gas equals Bs 242.83 VES+2.64%1D
    Page last updated: 2024-12-29 10:24 (UTC+0)
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    Note: This information is for reference only.

    Price of GAS today

    The live price of Gas is Bs 242.83 per (GAS / VES) with a current market cap of Bs 15.78B VES. 24-hour trading volume is Bs 492.86M VES. GAS to VES price is updated in real-time. Gas is +2.64% in the last 24 hours with a circulating supply of 64.99M.
    GAS Price History VES
    Date ComparisonAmount Change% Change
    TodayBs 6.25595+2.64%
    30 DaysBs -53.32-18.00%
    60 DaysBs 34.02+16.29%
    90 DaysBs 26.92+12.47%

    GAS Market Information

    24h Low & High
    Low: Bs 236.69
    High: Bs 248.37
    The highest and lowest price paid for this asset in 24 hours.
    All Time High
    Bs 5,040.39
    The highest price paid for this asset since it was launched or listed.
    Price Change (1h)
    +0.62%
    The percentage change in price for this asset compared to 1 hour ago.
    Price Change (24h)
    +2.64%
    The percentage change in price for this asset compared to 24 hours ago.
    Price Change (7d)
    +3.61%
    The percentage change in price for this asset compared to 7 days ago.

    GAS Market Information

    Popularity
    #238
    Popularity is based on the relative market cap of assets.
    Market Cap
    Bs 15.78B
    Market cap is calculated by multiplying the asset's circulating supply with its current price.
    Volume (24hours)
    Bs 492.86M
    The total dollar value of all transactions for this asset over the past 24 hours.
    Circulation Supply
    64.99M
    The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
    Total Maximum Supply
    --
    The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
    Fully Diluted Market Cap
    Bs 15.78B
    The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
    Issue Date
    2014-05-31

    What Can You Do With Gas (GAS)?

    Explore how to use your cryptocurrencies with Binance.

    About Gas (GAS)

    GAS cryptocurrency operates as one of the two tokens within the NEO blockchain ecosystem. Its primary function is to facilitate smooth transaction execution on the NEO network, essentially serving as the currency for network fees.

    NEO employs a dual-token model to enable user participation without diminishing their stake in the network. While NEO tokens grant governance rights and voting privileges, GAS is the fuel that powers the blockchain's operations.

    The mechanism is straightforward: the network charges fees for transactions and the storage of tokens and smart contracts. Those wishing to utilize the NEO blockchain must pay these registration fees using GAS tokens. These collected funds serve as economic incentives for network bookkeepers. Consequently, each validated transaction and newly created block generates additional GAS tokens, ensuring an efficient network and preventing resource abuse.

    GAS token holders have the option to convert their tokens back to NEO, resulting in dividend gains. Exchanging GAS for NEO yields more GAS tokens over time as the network evolves. Moreover, as the ecosystem expands, the cryptocurrency in your portfolio generates increased funds.

    A significant portion of GAS tokens is distributed to voters as a reward for their active participation in network governance.

    The total limit for GAS tokens is capped at 100 million, with a current circulating supply of 10,128,375. Unlike NEO, GAS is divisible, with the smallest unit being 0.00000001. 

    Importantly, claiming GAS tokens does not require NEO staking. Most NEO wallets include a straightforward claim function, making it easy for users to collect their earned GAS tokens with a simple click.

    The current price of GAS is available and updated in real-time on Binance.

    View More

    People Also Ask: Other Questions About Gas (GAS)

    1. What Is GAS Used For?

      GAS is used as the cryptocurrency to pay for transaction fees and registration fees for utilizing the NEO blockchain. It essentially serves as the currency for network fees, enabling the smooth execution of transactions and the storage of tokens and smart contracts on the NEO network.

    2. How Does Network Consensus and Validation Work On NEO using GAS?

      Network consensus and validation on NEO are powered by GAS. When users pay transaction and registration fees in GAS, these funds serve as economic incentives for network bookkeepers. This incentivizes them to validate transactions and create new blocks on the NEO blockchain. Consequently, each validated transaction and newly generated block results in the creation of additional GAS tokens, helping maintain network efficiency and preventing resource abuse.

    3. What is the Circulating Token Supply of $GAS?

      The total limit for GAS tokens is capped at 100 million, with a current circulating supply of 10,128,375. 

    4. How to Buy GAS?

      GAS can be purchased directly from Binance using a debit or credit card. GAS can also be traded for other cryptocurrencies on the Binance exchange. Live GAS price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy GAS Guide

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