Velas (VLX) Self Reported Market Cap Hits $21.55 Million

Velas (VLX) traded 0.3% lower against the U.S. dollar during the twenty-four hour period ending at 13:00 PM ET on January 21st. During the last seven days, Velas has traded 10.1% lower against the U.S. dollar. One Velas coin can currently be bought for $0.0081 or 0.00000008 BTC on popular exchanges. Velas has a market capitalization of $21.55 million and approximately $100,123.83 worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 2.8% against the dollar and now trades at $37.27 or 0.00035038 BTC.
• Hedera (HBAR) traded 0.2% higher against the dollar and now trades at $0.35 or 0.00000325 BTC.
• NEAR Protocol (NEAR) traded 5% higher against the dollar and now trades at $5.33 or 0.00005009 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $10.07 or 0.00009469 BTC.
• Cronos (CRO) traded up 8.8% against the dollar and now trades at $0.14 or 0.00000135 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.44 or 0.00000412 BTC.
• Fetch.ai (FET) traded up 7.7% against the dollar and now trades at $1.29 or 0.00001210 BTC.
• Cosmos (ATOM) traded 3.8% higher against the dollar and now trades at $6.31 or 0.00005934 BTC.
• Akash Network (AKT) traded up 2.7% against the dollar and now trades at $2.97 or 0.00002799 BTC.
• Kava (KAVA) traded up 7.3% against the dollar and now trades at $0.48 or 0.00000449 BTC.

Velas Coin Profile

VLX uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,677,086,304 coins. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official website for Velas is velas.com. Velas’ official message board 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.

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 currently possible to buy alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView