Velas (VLX) Self Reported Market Cap Reaches $26.37 Million

Velas (VLX) traded down 1.6% against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on January 5th. Velas has a market cap of $26.37 million and approximately $328,663.47 worth of Velas was traded on exchanges in the last 24 hours. During the last week, Velas has traded down 1.8% against the dollar. One Velas coin can now be bought for $0.0099 or 0.00000010 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded up 1.1% against the dollar and now trades at $42.06 or 0.00042932 BTC.
• Hedera (HBAR) traded down 2% against the dollar and now trades at $0.30 or 0.00000306 BTC.
• NEAR Protocol (NEAR) traded up 0.2% against the dollar and now trades at $5.81 or 0.00005926 BTC.
• Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $12.12 or 0.00012366 BTC.
• Cronos (CRO) traded down 2.5% against the dollar and now trades at $0.16 or 0.00000163 BTC.
• Fetch.ai (FET) traded down 0.2% against the dollar and now trades at $1.49 or 0.00001524 BTC.
• Algorand (ALGO) traded down 0.7% against the dollar and now trades at $0.41 or 0.00000416 BTC.
• Cosmos (ATOM) traded 0.2% lower against the dollar and now trades at $7.29 or 0.00007442 BTC.
• Akash Network (AKT) traded 1.5% lower against the dollar and now trades at $3.39 or 0.00003462 BTC.
• Kava (KAVA) traded up 0.7% against the dollar and now trades at $0.55 or 0.00000562 BTC.

Velas Profile

Velas uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,671,316,779 coins. The official message board for Velas is velas.com/en/blog. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. The official website for Velas is velas.com. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here.

According to CryptoCompare, “Velas (VLX) is a high-performance blockchain platform designed to support smart contracts and decentralised applications, capable of processing up to 75,000 transactions per second with low fees. It serves various sectors, including DeFi, NFTs, and gaming, and operates as a carbon-neutral network. Founded in 2019 by Alex Alexandrov, Velas is headquartered in Zug, Switzerland.”

Velas Coin Trading

It is usually not presently 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, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView