Velas (VLX) Hits Self Reported Market Cap of $12.57 Million

Velas (VLX) traded 3.1% lower against the dollar during the 24 hour period ending at 13:00 PM Eastern on March 26th. One Velas coin can currently be bought for approximately $0.0047 or 0.00000005 BTC on popular exchanges. Velas has a total market capitalization of $12.57 million and $309,665.48 worth of Velas was traded on exchanges in the last 24 hours. During the last week, Velas has traded down 1.9% against the dollar.

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

• Avalanche (AVAX) traded down 3.1% against the dollar and now trades at $22.02 or 0.00025426 BTC.
• Hedera (HBAR) traded down 2% against the dollar and now trades at $0.19 or 0.00000223 BTC.
• NEAR Protocol (NEAR) traded down 1.6% against the dollar and now trades at $2.97 or 0.00003432 BTC.
• Internet Computer (ICP) traded 0.4% lower against the dollar and now trades at $6.12 or 0.00007070 BTC.
• Cronos (CRO) traded 7.8% lower against the dollar and now trades at $0.0997 or 0.00000115 BTC.
• Cosmos (ATOM) traded 1.2% higher against the dollar and now trades at $4.90 or 0.00005657 BTC.
• Algorand (ALGO) traded 2% lower against the dollar and now trades at $0.21 or 0.00000238 BTC.
• Fetch.ai (FET) traded down 2.2% against the dollar and now trades at $0.55 or 0.00000635 BTC.
• Kava (KAVA) traded 2.5% lower against the dollar and now trades at $0.47 or 0.00000544 BTC.
• Akash Network (AKT) traded down 4.4% against the dollar and now trades at $1.38 or 0.00001587 BTC.

Velas Coin Profile

Velas uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,697,953,381 coins. The official message board for Velas 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. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView