Velas Self Reported Market Capitalization Hits $26.91 Million (VLX)

Velas (VLX) traded 0.4% higher against the US dollar during the twenty-four hour period ending at 13:00 PM Eastern on December 24th. Over the last seven days, Velas has traded 13.2% lower against the US dollar. Velas has a total market cap of $26.91 million and approximately $524,797.00 worth of Velas was traded on exchanges in the last day. One Velas coin can now be purchased for approximately $0.0101 or 0.00000010 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 11.7% higher against the dollar and now trades at $41.23 or 0.00041680 BTC.
• Hedera (HBAR) traded 18.1% higher against the dollar and now trades at $0.32 or 0.00000321 BTC.
• NEAR Protocol (NEAR) traded up 8.8% against the dollar and now trades at $5.58 or 0.00005639 BTC.
• Internet Computer (ICP) traded 10.5% higher against the dollar and now trades at $11.19 or 0.00011315 BTC.
• Cronos (CRO) traded 6.2% higher against the dollar and now trades at $0.17 or 0.00000168 BTC.
• Fetch.ai (FET) traded up 9.3% against the dollar and now trades at $1.40 or 0.00001416 BTC.
• Algorand (ALGO) traded up 11.9% against the dollar and now trades at $0.40 or 0.00000400 BTC.
• Cosmos (ATOM) traded up 8.4% against the dollar and now trades at $7.10 or 0.00007176 BTC.
• Akash Network (AKT) traded up 11.7% against the dollar and now trades at $3.37 or 0.00003408 BTC.
• Kava (KAVA) traded 10.2% higher against the dollar and now trades at $0.48 or 0.00000481 BTC.

Velas Profile

Velas uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,667,451,716 coins. 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. The official website for Velas is velas.com. Velas’ official message board is velas.com/en/blog.

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 presently possible to purchase alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first purchase 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 purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView