Velas (VLX) Hits Self Reported Market Cap of $21.57 Million

Velas (VLX) traded 4.1% lower against the U.S. dollar during the 1-day period ending at 13:00 PM ET on November 1st. Over the last week, Velas has traded 10.3% lower against the U.S. dollar. One Velas coin can currently be purchased for approximately $0.0081 or 0.00000012 BTC on major cryptocurrency exchanges. Velas has a total market capitalization of $21.57 million and approximately $521,521.96 worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 0.5% lower against the dollar and now trades at $24.99 or 0.00035632 BTC.
• NEAR Protocol (NEAR) traded 1.8% lower against the dollar and now trades at $4.02 or 0.00005730 BTC.
• Internet Computer (ICP) traded up 0.1% against the dollar and now trades at $7.89 or 0.00011243 BTC.
• Fetch.ai (FET) traded 2.8% lower against the dollar and now trades at $1.26 or 0.00001792 BTC.
• Cronos (CRO) traded down 1% against the dollar and now trades at $0.0729 or 0.00000104 BTC.
• Hedera (HBAR) traded down 0.7% against the dollar and now trades at $0.0461 or 0.00000066 BTC.
• Cosmos (ATOM) traded down 1.8% against the dollar and now trades at $4.20 or 0.00005987 BTC.
• Algorand (ALGO) traded 0% higher against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Akash Network (AKT) traded 0.2% lower against the dollar and now trades at $2.39 or 0.00003420 BTC.
• Kava (KAVA) traded down 1.7% against the dollar and now trades at $0.32 or 0.00000463 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,649,215,108 coins. 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. The official message board for Velas is velas.com/en/blog.

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

VLX/USD price chart by TradingView