Velas Achieves Self Reported Market Cap of $25.32 Million (VLX)

Velas (VLX) traded 2% higher against the U.S. dollar during the 24-hour period ending at 17:00 PM E.T. on October 24th. Velas has a market cap of $25.32 million and approximately $516,419.71 worth of Velas was traded on exchanges in the last 24 hours. Over the last week, Velas has traded down 10.5% against the U.S. dollar. One Velas coin can currently be purchased for approximately $0.0096 or 0.00000014 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 1.1% against the dollar and now trades at $26.94 or 0.00039502 BTC.
• NEAR Protocol (NEAR) traded up 1.5% against the dollar and now trades at $4.70 or 0.00006892 BTC.
• Internet Computer (ICP) traded 1.9% higher against the dollar and now trades at $8.26 or 0.00012116 BTC.
• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.0758 or 0.00000111 BTC.
• Hedera (HBAR) traded up 0.6% against the dollar and now trades at $0.0516 or 0.00000076 BTC.
• Cosmos (ATOM) traded 1.5% higher against the dollar and now trades at $4.74 or 0.00006958 BTC.
• Fetch.ai (FET) traded 1.7% higher against the dollar and now trades at $1.35 or 0.00001975 BTC.
• Algorand (ALGO) traded up 0.8% against the dollar and now trades at $0.12 or 0.00000179 BTC.
• Akash Network (AKT) traded down 0.3% against the dollar and now trades at $2.44 or 0.00003583 BTC.
• Theta Fuel (TFUEL) traded 1.3% higher against the dollar and now trades at $0.0588 or 0.00000086 BTC.

Velas Profile

Velas uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,641,298,356 coins. Velas’ official message board 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.”

Buying and Selling Velas

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

VLX/USD price chart by TradingView