Velas Reaches Self Reported Market Cap of $10.73 Million (VLX)

Velas (VLX) traded down 9.1% against the US dollar during the 1-day period ending at 0:00 AM ET on September 4th. In the last seven days, Velas has traded down 17.4% against the US dollar. One Velas coin can currently be bought for approximately $0.0041 or 0.00000007 BTC on cryptocurrency exchanges. Velas has a total market cap of $10.73 million and approximately $680,278.90 worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 1.5% against the dollar and now trades at $21.78 or 0.00038053 BTC.
• NEAR Protocol (NEAR) traded up 3.2% against the dollar and now trades at $3.84 or 0.00006702 BTC.
• Internet Computer (ICP) traded 4.3% higher against the dollar and now trades at $7.49 or 0.00013087 BTC.
• Cronos (CRO) traded 0.1% lower against the dollar and now trades at $0.0777 or 0.00000136 BTC.
• Hedera (HBAR) traded down 0.2% against the dollar and now trades at $0.0487 or 0.00000085 BTC.
• Cosmos (ATOM) traded 0.9% lower against the dollar and now trades at $4.02 or 0.00007018 BTC.
• Fetch.ai (FET) traded down 0.1% against the dollar and now trades at $1.12 or 0.00001964 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.12 or 0.00000208 BTC.
• Akash Network (AKT) traded up 1.5% against the dollar and now trades at $2.29 or 0.00003932 BTC.
• Theta Fuel (TFUEL) traded up 1.1% against the dollar and now trades at $0.0536 or 0.00000094 BTC.

Velas Profile

Velas uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,626,625,903 coins. The official website for Velas is velas.com. The official message board for Velas is velas.com/en/blog. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed 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.”

Buying and Selling Velas

It is usually not currently possible to buy alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to acquire Velas should first buy 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 buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView