Every increase in the price of a token or coin can encourage investors to flock to observe the technology of the project that is experiencing a boom. ⛓️
One of several crypto coins or tokens that is currently on the rise, namely GAS. Looking at the price chart on Binance this morning dated January 18 2024, GAS is at US$6.77 with a percent increase of +15.20%.🚀
The rise of GAS may reveal its own projects and projects related to GAS itself. Quoting from neo.org, it says 5 GAS tokens are generated per block and distributed in three parts.🪙
Why is there a GAS explanation on the NEO blog? – some crypto fans think so.❓
The reason is that of the many blockchains developing in the internet realm, there is NEO in it which continues to innovate. NEO itself is usually often compared to its competitors, one of which is compared to Ethereum. To the point that it is called the "Ethereum Killer".⚙️
Getting to know NEO, it is a new innovation and offers a great website based on decentralized blockchain technology that allows anyone to access its services to build things through Smart Contracts.⚙️
As for the relationship between NEO and GAS, if we explain the article, the NEO network uses GAS fees to carry out performance and storage of tokens and Smart Contracts. And speaking more broadly, but exclusively, it turns out that NEO and GAS tokens can also be migrated from Neo Legacy to Neo N3 in a 1:1 ratio.⛓️
There is clearly a connection between GAS and NEO which is in a similar project, because GAS is a token related to the Neo project itself.🪙⛓️
Disclaimer: This article is not financial advice, the author is not a financial advisor. All investment and trading activities are your own decisions and your own responsibility. Please do your own research.
