Velas Reaches Self Reported Market Capitalization of $13.84 Million (VLX)

Velas (VLX) traded 4.4% higher against the dollar during the 1 day period ending at 16:00 PM E.T. on August 17th. Velas has a total market cap of $13.84 million and approximately $611,860.35 worth of Velas was traded on exchanges in the last 24 hours. Over the last seven days, Velas has traded 1.5% lower against the dollar. One Velas coin can now be purchased for $0.0053 or 0.00000009 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 0.7% higher against the dollar and now trades at $20.58 or 0.00034589 BTC.
• NEAR Protocol (NEAR) traded down 0.5% against the dollar and now trades at $3.99 or 0.00006701 BTC.
• Internet Computer (ICP) traded up 1.3% against the dollar and now trades at $7.21 or 0.00012119 BTC.
• Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.0881 or 0.00000148 BTC.
• Hedera (HBAR) traded up 0.3% against the dollar and now trades at $0.0524 or 0.00000088 BTC.
• Cosmos (ATOM) traded 1.7% higher against the dollar and now trades at $4.62 or 0.00007771 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Fetch.ai (FET) traded up 0.3% against the dollar and now trades at $0.84 or 0.00001404 BTC.
• Akash Network (AKT) traded 0.1% lower against the dollar and now trades at $2.50 or 0.00004205 BTC.
• Theta Fuel (TFUEL) traded 0.3% lower against the dollar and now trades at $0.0555 or 0.00000093 BTC.

Velas Profile

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,623,262,487 coins and its circulating supply is 2,623,262,519 coins. 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 Twitter account is @velasblockchain and its Facebook page is accessible here. The official message board for Velas is velas.com/en/blog.

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.”

Velas Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView