Velas Self Reported Market Cap Hits $18.93 Million (VLX)

Velas (VLX) traded down 5.6% against the US dollar during the 24-hour period ending at 10:00 AM ET on July 12th. One Velas coin can currently be purchased for $0.0073 or 0.00000013 BTC on exchanges. During the last week, Velas has traded 2.9% lower against the US dollar. Velas has a market capitalization of $18.93 million and $750,316.64 worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 0.9% against the dollar and now trades at $25.47 or 0.00043948 BTC.
• NEAR Protocol (NEAR) traded 0.7% higher against the dollar and now trades at $4.93 or 0.00008502 BTC.
• Internet Computer (ICP) traded 3.6% lower against the dollar and now trades at $7.21 or 0.00012437 BTC.
• Hedera (HBAR) traded down 0.5% against the dollar and now trades at $0.0669 or 0.00000115 BTC.
• Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $6.03 or 0.00010407 BTC.
• Cronos (CRO) traded up 1.9% against the dollar and now trades at $0.0874 or 0.00000151 BTC.
• Fetch.ai (FET) traded down 5.8% against the dollar and now trades at $1.14 or 0.00001972 BTC.
• Algorand (ALGO) traded down 2.5% against the dollar and now trades at $0.14 or 0.00000236 BTC.
• Akash Network (AKT) traded down 6.2% against the dollar and now trades at $3.26 or 0.00005634 BTC.
• Theta Fuel (TFUEL) traded 2% lower against the dollar and now trades at $0.0663 or 0.00000114 BTC.

Velas Coin Profile

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,610,384,244 coins. The official message board for Velas 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 possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView