Velas Self Reported Market Capitalization Tops $44.13 Million (VLX)

Velas (VLX) traded 2.5% lower against the dollar during the 24 hour period ending at 11:00 AM Eastern on November 30th. During the last seven days, Velas has traded 6.1% lower against the dollar. Velas has a total market cap of $44.13 million and $715,741.82 worth of Velas was traded on exchanges in the last day. One Velas coin can now be bought for approximately $0.0166 or 0.00000017 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 2.7% against the dollar and now trades at $45.57 or 0.00047046 BTC.
• NEAR Protocol (NEAR) traded up 4.6% against the dollar and now trades at $7.16 or 0.00007393 BTC.
• Hedera (HBAR) traded 5.9% higher against the dollar and now trades at $0.17 or 0.00000174 BTC.
• Internet Computer (ICP) traded 5.4% higher against the dollar and now trades at $12.44 or 0.00012839 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.19 or 0.00000193 BTC.
• Fetch.ai (FET) traded 17% higher against the dollar and now trades at $1.92 or 0.00001982 BTC.
• Algorand (ALGO) traded up 11.7% against the dollar and now trades at $0.44 or 0.00000451 BTC.
• Cosmos (ATOM) traded up 2.4% against the dollar and now trades at $8.71 or 0.00008997 BTC.
• Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $4.24 or 0.00004392 BTC.
• Kava (KAVA) traded up 4.1% against the dollar and now trades at $0.61 or 0.00000631 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,659,676,415 coins. 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. The official website for Velas is velas.com. Velas’ official message board is velas.com/en/blog.

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.”

Buying and Selling Velas

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

VLX/USD price chart by TradingView