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What is neo cryptocurrency?

A Beginner's Guide to NEO | What Is NEO Cryptocurrency? (NEO) NEO is an open source and decentralized cryptocurrency hailing from China. The network it runs on offers simplified coding of smart contracts and launching of initial coin offerings (ICOs), and is often called a next generation smart economy platform.

What is the difference between cryptocurrencies and equities (stocks)?

While cryptocurrencies and equities (stocks) may share some similarities, they largely differ in regard to volatility. As such, the evolution of blockchain technology and the myriad of coins and tokens trading on a global, decentralized, “always-on” 24/7/365 marketplace is seen by some as a digital gold rush.

What happened to neo crypto?

NEO rode one of the first crypto booms, hitting nearly $197 in January 2018. The price dropped substantially, trading between $16 and $20 from July 2018 to September 2020. Like other cryptos, it rose in price in late 2020 and early 2021.

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