What is NEOG Coin?
NEOG, or NEO GOLD, is an ERC20 standard token based on the Ethereum blockchain. The project was once described as an innovative smart contract payment platform dedicated to providing privacy-protected, fast transaction confirmations and low-fee regular transaction services. NEO GOLD also planned to launch its exclusive NeoGold mobile wallet to support these features.
Project Features and Reward Mechanism
The core features of NEO GOLD lie in its vision for a payment platform and the reward mechanism designed for token holders. NEOG holders can receive ERC20 tokens named PETROL as rewards. PETROL tokens have been distributed consistently weekly based on NEOG holdings since January 1, 2018, aiming to incentivize users to hold NEOG.
Technical Architecture and Supply
As an ERC20 token, NEOG is built on the Ethereum network, which allows it to leverage the security and interoperability of the Ethereum ecosystem. The maximum supply of NEOG is set at 100,000,000 tokens. The token was first issued on November 12, 2017.
Market Status and Historical Performance
Despite NEOG project's past vision, its market activity has significantly declined. According to public information, the last recorded transaction for NEOG occurred on October 15, 2019. As of October 31, 2026, although price data shows it to be approximately $0.00043517, the trading volume for the same period was zero, and the market capitalization is shown as zero or no data. This indicates that the token no longer has an active trading market and lacks effective transactions. NEOG's historical high price reached $0.09 (November 15, 2017), while its historical low price dropped to $0 on December 15, 2018.
Trading Channels and Risk Warning
Given that the current trading market for NEOG tokens has almost dried up, lacking effective transactions, there are currently no reliable active trading channels. For any cryptocurrency investment, especially for tokens with extremely low market activity like NEOG, investors should remain highly vigilant, fully understand the potential risks, and carefully evaluate their investment value.
