Velas Reaches Self Reported Market Cap of $23.56 Million (VLX)

Velas (VLX) traded down 1.1% against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on October 29th. Velas has a total market capitalization of $23.56 million and approximately $582,084.09 worth of Velas was traded on exchanges in the last 24 hours. During the last seven days, Velas has traded 7.5% lower against the U.S. dollar. One Velas coin can now be purchased for about $0.0089 or 0.00000012 BTC on exchanges.

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

• Avalanche (AVAX) traded up 0.7% against the dollar and now trades at $26.50 or 0.00036767 BTC.
• NEAR Protocol (NEAR) traded up 0.5% against the dollar and now trades at $4.36 or 0.00006048 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $8.07 or 0.00011194 BTC.
• Cronos (CRO) traded 2.6% higher against the dollar and now trades at $0.0764 or 0.00000106 BTC.
• Hedera (HBAR) traded 0.5% higher against the dollar and now trades at $0.0490 or 0.00000068 BTC.
• Cosmos (ATOM) traded up 0.7% against the dollar and now trades at $4.49 or 0.00006232 BTC.
• Fetch.ai (FET) traded up 1.3% against the dollar and now trades at $1.31 or 0.00001821 BTC.
• Algorand (ALGO) traded 3.2% higher against the dollar and now trades at $0.12 or 0.00000170 BTC.
• Akash Network (AKT) traded up 4.7% against the dollar and now trades at $2.38 or 0.00003265 BTC.
• Theta Fuel (TFUEL) traded 1.6% higher against the dollar and now trades at $0.0556 or 0.00000077 BTC.

Velas Coin Profile

Velas (VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,641,298,356 coins. Velas’ official website is velas.com. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official message board is velas.com/en/blog. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible 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.”

Velas Coin Trading

It is usually not currently 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 Coinbase, Gemini or GDAX. 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