Velas (VLX) Self Reported Market Capitalization Tops $17.73 Million

Velas (VLX) traded 1.1% higher against the U.S. dollar during the 24 hour period ending at 12:00 PM E.T. on January 29th. In the last seven days, Velas has traded 15% lower against the U.S. dollar. Velas has a market cap of $17.73 million and approximately $69,996.16 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can now be purchased for $0.0066 or 0.00000006 BTC on exchanges.

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

• Avalanche (AVAX) traded 2.6% lower against the dollar and now trades at $32.83 or 0.00032031 BTC.
• Hedera (HBAR) traded 2.7% lower against the dollar and now trades at $0.30 or 0.00000296 BTC.
• NEAR Protocol (NEAR) traded down 2.3% against the dollar and now trades at $4.40 or 0.00004294 BTC.
• Internet Computer (ICP) traded down 4.1% against the dollar and now trades at $8.56 or 0.00008348 BTC.
• Cronos (CRO) traded 2.2% lower against the dollar and now trades at $0.13 or 0.00000126 BTC.
• Algorand (ALGO) traded 2.9% lower against the dollar and now trades at $0.36 or 0.00000355 BTC.
• Fetch.ai (FET) traded down 5.7% against the dollar and now trades at $0.98 or 0.00000954 BTC.
• Cosmos (ATOM) traded down 1.2% against the dollar and now trades at $5.81 or 0.00005665 BTC.
• Akash Network (AKT) traded down 2.5% against the dollar and now trades at $2.50 or 0.00002452 BTC.
• Kava (KAVA) traded 5% lower against the dollar and now trades at $0.41 or 0.00000399 BTC.

Velas Profile

Velas uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,679,639,673 coins. Velas’ official message board is velas.com/en/blog. 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.

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

VLX/USD price chart by TradingView