Velas (VLX) Achieves Self Reported Market Capitalization of $50.76 Million

Velas (VLX) traded down 0.7% against the U.S. dollar during the 24-hour period ending at 16:00 PM Eastern on February 4th. One Velas coin can currently be purchased for about $0.0199 or 0.00000046 BTC on popular cryptocurrency exchanges. Velas has a market capitalization of $50.76 million and $903,000.73 worth of Velas was traded on exchanges in the last day. During the last seven days, Velas has traded 18.2% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • Avalanche (AVAX) traded 2.1% lower against the dollar and now trades at $35.45 or 0.00082755 BTC.
  • Internet Computer (ICP) traded up 1.8% against the dollar and now trades at $13.01 or 0.00030377 BTC.
  • Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $9.08 or 0.00021189 BTC.
  • NEAR Protocol (NEAR) traded down 1.5% against the dollar and now trades at $2.80 or 0.00006532 BTC.
  • Hedera (HBAR) traded down 0.6% against the dollar and now trades at $0.0693 or 0.00000162 BTC.
  • Cronos (CRO) traded 1% lower against the dollar and now trades at $0.0809 or 0.00000189 BTC.
  • Algorand (ALGO) traded 3% lower against the dollar and now trades at $0.16 or 0.00000376 BTC.
  • Kava (KAVA) traded 1.9% lower against the dollar and now trades at $0.70 or 0.00001625 BTC.
  • Akash Network (AKT) traded 2% lower against the dollar and now trades at $2.72 or 0.00006388 BTC.
  • Fetch.ai (FET) traded down 5.9% against the dollar and now trades at $0.54 or 0.00001252 BTC.

Velas Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,553,737,827 coins. The official website for Velas is velas.com. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official message board for Velas is medium.com/velasblockchain.

According to CryptoCompare, “Velas ™ is a self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability, and security.”

Velas Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the exchanges listed above.

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