Velas (VLX) Self Reported Market Cap Reaches $19.24 Million

Velas (VLX) traded down 2.6% against the US dollar during the twenty-four hour period ending at 11:00 AM E.T. on July 16th. Velas has a market cap of $19.24 million and approximately $864,943.02 worth of Velas was traded on exchanges in the last 24 hours. In the last week, Velas has traded 2.8% lower against the US dollar. One Velas coin can currently be purchased for approximately $0.0074 or 0.00000011 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 5.2% higher against the dollar and now trades at $28.36 or 0.00043893 BTC.
• NEAR Protocol (NEAR) traded up 11.1% against the dollar and now trades at $6.18 or 0.00009572 BTC.
• Internet Computer (ICP) traded 3.5% higher against the dollar and now trades at $9.60 or 0.00014860 BTC.
• Hedera (HBAR) traded 4.5% higher against the dollar and now trades at $0.0775 or 0.00000120 BTC.
• Cosmos (ATOM) traded 3.9% higher against the dollar and now trades at $6.54 or 0.00010130 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.0944 or 0.00000146 BTC.
• Fetch.ai (FET) traded 10.6% higher against the dollar and now trades at $1.45 or 0.00002247 BTC.
• Algorand (ALGO) traded 1.3% higher against the dollar and now trades at $0.16 or 0.00000247 BTC.
• Akash Network (AKT) traded 1.4% higher against the dollar and now trades at $3.55 or 0.00005505 BTC.
• Theta Fuel (TFUEL) traded 2.4% higher against the dollar and now trades at $0.0725 or 0.00000112 BTC.

Velas Coin Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,611,747,113 coins. 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. Velas’ official message board 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.”

Buying and Selling Velas

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

VLX/USD price chart by TradingView