Velas (VLX) Self Reported Market Cap Tops $2.96 Million

Velas (VLX) traded down 4.8% against the U.S. dollar during the one day period ending at 9:00 AM ET on November 13th. One Velas coin can now be purchased for approximately $0.0011 or 0.00000001 BTC on major cryptocurrency exchanges. Velas has a market capitalization of $2.96 million and approximately $134.01 worth of Velas was traded on exchanges in the last day. Over the last seven days, Velas has traded down 5.3% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.13 or 0.00000124 BTC.
• Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.18 or 0.00000173 BTC.
• Avalanche (AVAX) traded down 1.8% against the dollar and now trades at $17.29 or 0.00016796 BTC.
• Internet Computer (ICP) traded 5% lower against the dollar and now trades at $6.08 or 0.00005910 BTC.
• NEAR Protocol (NEAR) traded 3.2% lower against the dollar and now trades at $2.55 or 0.00002475 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.18 or 0.00000172 BTC.
• Cosmos (ATOM) traded down 4.6% against the dollar and now trades at $2.95 or 0.00002867 BTC.
• Fetch.ai (FET) traded 8.8% lower against the dollar and now trades at $0.31 or 0.00000302 BTC.
• Akash Network (AKT) traded 6% lower against the dollar and now trades at $0.61 or 0.00000597 BTC.
• Theta Fuel (TFUEL) traded 8.2% lower against the dollar and now trades at $0.0231 or 0.00000022 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,764,304,288 coins. Velas’ official website is velas.com. Velas’ official message board is velas.com/en/blog. 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 (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.”

Velas Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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