Venus (XVS) Hits Market Cap of $101.99 Million

Venus (XVS) traded 0.9% higher against the U.S. dollar during the 1 day period ending at 13:00 PM ET on August 15th. One Venus token can now be bought for $6.30 or 0.00010610 BTC on popular cryptocurrency exchanges. Venus has a market capitalization of $101.99 million and $2.26 million worth of Venus was traded on exchanges in the last day. During the last seven days, Venus has traded up 1.6% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1% against the dollar and now trades at $0.0132 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 5.8% lower against the dollar and now trades at $0.0495 or 0.00000083 BTC.

Venus Token Profile

Venus launched on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,197,382 tokens. The official website for Venus is venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. Venus’ official message board is community.venus.io.

According to CryptoCompare, “Venus Protocol is a decentralized finance (DeFi) lending and borrowing platform deployed on the BNB Chain. Created by the Swipe project team, led by Joselito Lizarondo, it combines the features of Maker and Compound to offer a user-friendly DeFi experience. The native governance token, XVS, is used for voting, staking, and participating in the protocol’s governance. Venus Protocol focuses on risk management, decentralization, and user experience improvements in its latest version (V4), introducing features like Isolated Pools and the Resilient Price Oracle to enhance its capabilities.”

Venus Token Trading

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

XVS/USD price chart by TradingView