Velas (VLX) Trading Up 4.2% Over Last 7 Days

Velas (VLX) traded 1.3% higher against the US dollar during the 24 hour period ending at 21:00 PM Eastern on January 24th. One Velas coin can now be bought for about $0.0291 or 0.00000129 BTC on popular exchanges. Velas has a total market cap of $70.04 million and $1.25 million worth of Velas was traded on exchanges in the last 24 hours. During the last week, Velas has traded 4.2% higher against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Avalanche (AVAX) traded 10.3% lower against the dollar and now trades at $16.82 or 0.00074585 BTC.
  • Cosmos (ATOM) traded 6.5% lower against the dollar and now trades at $12.40 or 0.00055005 BTC.
  • NEAR Protocol (NEAR) traded 9.6% lower against the dollar and now trades at $2.33 or 0.00010334 BTC.
  • Cronos (CRO) traded 3.4% lower against the dollar and now trades at $0.0782 or 0.00000347 BTC.
  • Algorand (ALGO) traded down 8.4% against the dollar and now trades at $0.23 or 0.00001035 BTC.
  • Hedera (HBAR) traded down 7.4% against the dollar and now trades at $0.0637 or 0.00000283 BTC.
  • Internet Computer (ICP) traded down 8.3% against the dollar and now trades at $5.46 or 0.00024213 BTC.
  • PayProtocol Paycoin (PCI) traded up 4.4% against the dollar and now trades at $0.19 or 0.00000821 BTC.
  • Kava (KAVA) traded up 1.5% against the dollar and now trades at $1.04 or 0.00004593 BTC.
  • Theta Fuel (TFUEL) traded 6.1% lower against the dollar and now trades at $0.0451 or 0.00000200 BTC.

Velas Profile

Velas uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,405,551,828 coins. The official website for Velas is velas.com. The official message board for Velas is medium.com/velasblockchain. 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.

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.”

Buying and Selling Velas

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

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