Venus Reaches Market Cap of $96.72 Million (XVS)

Venus (XVS) traded 3.9% lower against the dollar during the 1 day period ending at 9:00 AM Eastern on June 29th. Venus has a total market cap of $96.72 million and approximately $3.26 million worth of Venus was traded on exchanges in the last day. In the last seven days, Venus has traded down 6.1% against the dollar. One Venus token can now be bought for about $6.02 or 0.00009854 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded 1.1% lower against the dollar and now trades at $0.20 or 0.00000335 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.3% against the dollar and now trades at $0.0114 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Venus Token Profile

Venus’ launch date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,077,118 tokens. Venus’ official message board is community.venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The official website for Venus is 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 possible to purchase alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to trade Venus should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Venus using one of the exchanges listed above.

XVS/USD price chart by TradingView