NB

$NB is a novel price limit scheme proposed by members of the original NEO (Antshares) technical team. This proposal received endorsement and investment from Singapore-based cryptocurrency investment bank JACK. The primary goal of this price limit scheme is to address the pain points of the current cryptocurrency industry and achieve the team's broader objectives. NEO was launched in 2015 and traded on the Yuanbao.com exchange. Early on, with its 10% daily price limit and 10% daily price limit mechanism, it reached a peak market capitalization of over 13 billion USD (7200x leverage). $NB utilizes blockchain smart contracts to overcome the shortcomings of traditional price limits. It only has an upward price limit, not a downward price limit. This new price limit mechanism is entirely decentralized and automatically executed, eliminating the possibility of centralized price limits being manipulated behind closed doors, thus providing traders with greater peace of mind.