Velas Self Reported Market Cap Achieves $38.01 Million (VLX)

Velas (VLX) traded 3.5% lower against the US dollar during the one day period ending at 23:00 PM E.T. on May 7th. During the last week, Velas has traded 2.4% lower against the US dollar. Velas has a market cap of $38.01 million and approximately $1.02 million worth of Velas was traded on exchanges in the last day. One Velas coin can currently be purchased for about $0.0147 or 0.00000023 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 3.6% against the dollar and now trades at $35.39 or 0.00056240 BTC.
• NEAR Protocol (NEAR) traded down 2.6% against the dollar and now trades at $7.27 or 0.00011556 BTC.
• Internet Computer (ICP) traded 2.5% lower against the dollar and now trades at $12.44 or 0.00019774 BTC.
• Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cosmos (ATOM) traded 2.5% lower against the dollar and now trades at $9.05 or 0.00014389 BTC.
• Cronos (CRO) traded 2.7% lower against the dollar and now trades at $0.13 or 0.00000200 BTC.
• Fetch.ai (FET) traded down 0.7% against the dollar and now trades at $2.37 or 0.00003760 BTC.
• Algorand (ALGO) traded down 1% against the dollar and now trades at $0.19 or 0.00000302 BTC.
• Akash Network (AKT) traded 2.6% lower against the dollar and now trades at $4.61 or 0.00007393 BTC.
• Kava (KAVA) traded 1.1% lower against the dollar and now trades at $0.66 or 0.00001051 BTC.

Velas Profile

Velas uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,587,648,702 coins. The official message board for Velas is velas.com/en/blog. The official website for Velas is velas.com. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here.

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 possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView