What Is GAS (GAS)?
Gas was created along with Neo cryptocurrency on the Neo platform in order to facilitate payments for decentralized applications on the Neo platform, and hence it is used by the Neo time to exercise management rights on the Neo coin. Gas provides a use case where payments where Neo currency which cannot be divided can get remunerated in Gas currency payments.
GAS is the operational token. Users pay in GAS the transaction costs to fuel smart contracts on the blockchain. Both Neo and GAS are capped at 100 million tokens. All the NEO tokens are pre-mined. 50 million of those tokens are sold in the Initial Coin Offering (ICO). And the remaining 50 million tokens are vested for one year.
Market Prediction For GAS By ExpertsSince Gas is a vital part of the NEO blockchain, there are many positive speculations regarding GAS and its potential to rise. Let us check some of the predictions given by the prediction sites:
#1 Trading BeastsTrading Beasts is a crypto prediction website which believes that by the end of 2019, GAS might even cross $10 mark and may reach $11.85 from a conservative point of view, and $17.43 from a bullish point of view.
#2 Digital Coin PriceDigital Coin Price has given GAS predictions till the year 2026. They have predicted keeping in mind the volatile factor. By the end of 2019, they predicted that GAS coin might reach $4.16, and by 2025, GAS might rise high up to reach $11.85.
#3 Coin FanThe Coin Fan community is very optimistic about GAS’ performance in the coming years and believe that by the end of 2019, GAS might reach $73.43. They even predicted that by 2020, GAS might even go way past the $200 mark.
#4 Wallet Investor
Wallet Investor has given way more pessimistic prediction for GAS, where they believe that GAS might fall down and reach $0.896 by the end of 2019.
Read here to know in detail:
https://coinswitch.co/news/gas-price-prediction-2019-gas-price-may-touch-27-332-usd-in-2019-gas-newsLet me know all your thoughts as well...