Velas Achieves Self Reported Market Cap of $18.83 Million (VLX)

Velas (VLX) traded 4.1% lower against the dollar during the 24-hour period ending at 0:00 AM Eastern on July 12th. Velas has a total market capitalization of $18.83 million and approximately $728,403.55 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can currently be bought for $0.0072 or 0.00000012 BTC on cryptocurrency exchanges. In the last seven days, Velas has traded 6.1% lower against the dollar.

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

• Avalanche (AVAX) traded 1.8% higher against the dollar and now trades at $25.72 or 0.00044474 BTC.
• NEAR Protocol (NEAR) traded 5.1% higher against the dollar and now trades at $5.15 or 0.00008902 BTC.
• Internet Computer (ICP) traded 4.8% higher against the dollar and now trades at $7.61 or 0.00013159 BTC.
• Cosmos (ATOM) traded 3.7% higher against the dollar and now trades at $6.15 or 0.00010630 BTC.
• Hedera (HBAR) traded 3.1% higher against the dollar and now trades at $0.0671 or 0.00000116 BTC.
• Cronos (CRO) traded 2.8% higher against the dollar and now trades at $0.0884 or 0.00000153 BTC.
• Fetch.ai (FET) traded 3.5% higher against the dollar and now trades at $1.18 or 0.00002033 BTC.
• Algorand (ALGO) traded 1.3% higher against the dollar and now trades at $0.14 or 0.00000239 BTC.
• Akash Network (AKT) traded 0.4% higher against the dollar and now trades at $3.35 or 0.00005786 BTC.
• Theta Fuel (TFUEL) traded down 0.2% against the dollar and now trades at $0.0670 or 0.00000116 BTC.

Velas Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,611,065,946 coins. Velas’ official message board 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. The official website for Velas is velas.com. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView