Velas Achieves Self Reported Market Cap of $39.70 Million (VLX)

Velas (VLX) traded 7.8% lower against the U.S. dollar during the 24-hour period ending at 17:00 PM ET on April 26th. Velas has a market cap of $39.70 million and approximately $1.03 million worth of Velas was traded on exchanges in the last day. In the last seven days, Velas has traded up 9.8% against the U.S. dollar. One Velas coin can now be bought for approximately $0.0154 or 0.00000024 BTC on major cryptocurrency exchanges.

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

  • Avalanche (AVAX) traded 3.6% lower against the dollar and now trades at $34.91 or 0.00054540 BTC.
  • NEAR Protocol (NEAR) traded down 2.5% against the dollar and now trades at $6.99 or 0.00010927 BTC.
  • Internet Computer (ICP) traded 4.9% lower against the dollar and now trades at $13.22 or 0.00020658 BTC.
  • Hedera (HBAR) traded down 6.1% against the dollar and now trades at $0.11 or 0.00000176 BTC.
  • Cronos (CRO) traded down 3% against the dollar and now trades at $0.12 or 0.00000195 BTC.
  • Cosmos (ATOM) traded 0.5% lower against the dollar and now trades at $8.38 or 0.00013089 BTC.
  • Fetch.ai (FET) traded 6.9% lower against the dollar and now trades at $2.19 or 0.00003418 BTC.
  • Algorand (ALGO) traded 1.1% lower against the dollar and now trades at $0.20 or 0.00000313 BTC.
  • Akash Network (AKT) traded 6.3% lower against the dollar and now trades at $4.60 or 0.00007197 BTC.
  • Kava (KAVA) traded 1.8% lower against the dollar and now trades at $0.71 or 0.00001116 BTC.

Velas Profile

Velas uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,583,464,470 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 message board for Velas is velas.com/en/blog. Velas’ official website is velas.com.

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, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the aforementioned exchanges.

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