Velas Price Reaches $0.0160 (VLX)

Velas (VLX) traded down 0.6% against the US dollar during the 1-day period ending at 0:00 AM E.T. on April 24th. Velas has a market capitalization of $41.21 million and approximately $1.10 million worth of Velas was traded on exchanges in the last day. One Velas coin can now be bought for about $0.0160 or 0.00000025 BTC on cryptocurrency exchanges. Over the last week, Velas has traded 23.8% higher against the US dollar.

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

• Avalanche (AVAX) traded 7.8% lower against the dollar and now trades at $36.12 or 0.00056174 BTC.
• NEAR Protocol (NEAR) traded down 1.1% against the dollar and now trades at $6.83 or 0.00010616 BTC.
• Internet Computer (ICP) traded down 6.2% against the dollar and now trades at $13.76 or 0.00021400 BTC.
• Hedera (HBAR) traded down 35% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Cronos (CRO) traded down 5.1% against the dollar and now trades at $0.13 or 0.00000194 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $8.44 or 0.00013121 BTC.
• Fetch.ai (FET) traded down 8.2% against the dollar and now trades at $2.27 or 0.00003527 BTC.
• Algorand (ALGO) traded down 7.4% against the dollar and now trades at $0.20 or 0.00000317 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $5.09 or 0.00007924 BTC.
• Kava (KAVA) traded down 5.4% against the dollar and now trades at $0.72 or 0.00001118 BTC.

Velas Coin Profile

VLX uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,582,765,576 coins. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official website is velas.com. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. Velas’ official message board 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 buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView