Venus Market Cap Achieves $120.99 Million (XVS)

Venus (XVS) traded down 2.9% against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on October 20th. In the last seven days, Venus has traded down 0.2% against the dollar. One Venus token can now be purchased for about $7.39 or 0.00010797 BTC on major cryptocurrency exchanges. Venus has a total market cap of $120.99 million and approximately $1.77 million worth of Venus was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.3% higher against the dollar and now trades at $0.0801 or 0.00000117 BTC.
• P2P Solutions foundation (P2PS) traded 0.5% higher against the dollar and now trades at $171.31 or 0.00250389 BTC.

Venus Token Profile

Venus’ genesis date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,378,520 tokens. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The official website for Venus is venus.io. Venus’ official message board is community.venus.io.

According to CryptoCompare, “Venus Protocol is a decentralized finance (DeFi) lending and borrowing platform deployed on the BNB Chain. Created by the Swipe project team, led by Joselito Lizarondo, it combines the features of Maker and Compound to offer a user-friendly DeFi experience. The native governance token, XVS, is used for voting, staking, and participating in the protocol’s governance. Venus Protocol focuses on risk management, decentralization, and user experience improvements in its latest version (V4), introducing features like Isolated Pools and the Resilient Price Oracle to enhance its capabilities.”

Venus Token Trading

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

XVS/USD price chart by TradingView