Velas Self Reported Market Capitalization Achieves $37.81 Million (VLX)

Velas (VLX) traded down 0.4% against the dollar during the twenty-four hour period ending at 0:00 AM ET on May 8th. One Velas coin can now be purchased for approximately $0.0146 or 0.00000024 BTC on exchanges. In the last week, Velas has traded down 5.2% against the dollar. Velas has a market cap of $37.81 million and $822,526.47 worth of Velas was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 3.2% against the dollar and now trades at $34.27 or 0.00055629 BTC.
• NEAR Protocol (NEAR) traded 3.6% lower against the dollar and now trades at $7.01 or 0.00011373 BTC.
• Internet Computer (ICP) traded 2.6% lower against the dollar and now trades at $12.11 or 0.00019653 BTC.
• Hedera (HBAR) traded up 0.3% against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Cosmos (ATOM) traded up 1.7% against the dollar and now trades at $9.20 or 0.00014939 BTC.
• Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.13 or 0.00000204 BTC.
• Fetch.ai (FET) traded down 6.2% against the dollar and now trades at $2.22 or 0.00003612 BTC.
• Algorand (ALGO) traded 0.6% lower against the dollar and now trades at $0.19 or 0.00000307 BTC.
• Akash Network (AKT) traded 7% lower against the dollar and now trades at $4.28 or 0.00006975 BTC.
• Theta Fuel (TFUEL) traded up 0.8% against the dollar and now trades at $0.11 or 0.00000177 BTC.

Velas Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,587,648,663 coins. The official message board for Velas is velas.com/en/blog. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official website for Velas 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.”

Buying and Selling Velas

It is usually not presently possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView