RATE Group | NEO and GAS On a Tear With Double Digit Gains
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NEO and GAS On a Tear With Double Digit Gains

28 Sep NEO and GAS On a Tear With Double Digit Gains

Posted at 23:21h in Ethereum News by

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The majority of altcoins have been absolutely battered in 2018 with many of them falling over 70% from their heady heights back in January. Neo has been no exception suffering heavy losses which have wiped out over a year’s worth of gains. That may be about to change as the ‘Chinese Ethereum’, along with its younger sibling, GAS, is on a roll at the moment with double figure price increases.

According to coinmarketcap.com Neo is currently trading 13% higher on the day to break $20 for the first time since the first week of September. Daily trade volume has increased from $95 million to $165 million with the majority of trade occurring on Binance and ZB.com. Over the past seven days Neo has made 11% from just over $18 this time last Friday. Its low point for the year was on September 12 when it dipped to $16.50.

According to a medium post last week the Neo Name Service mainnet launch date has been set for October 9th. This service will allow domain mining and rewards for those…

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