Vai (VAI) Achieves Market Cap of $4.85 Million

Vai (VAI) traded 0% lower against the US dollar during the 24-hour period ending at 16:00 PM E.T. on October 28th. Vai has a market capitalization of $4.85 million and approximately $84,460.06 worth of Vai was traded on exchanges in the last day. During the last week, Vai has traded down 0.2% against the US dollar. One Vai token can currently be bought for about $1.00 or 0.00001433 BTC on exchanges.

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 down 2.2% 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.
• 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.7% against the dollar and now trades at $69,405.55 or 0.99610055 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.7% against the dollar and now trades at $69,250.38 or 0.99387355 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Vai

Vai was first traded on November 16th, 2020. Vai’s total supply is 4,855,109 tokens. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. The official message board for Vai is medium.com/venusprotocol. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. The official website for Vai is venus.io.

According to CryptoCompare, “VAI is Venus Protocol’s native decentralized stablecoin that is minted and redeemed directly on the Venus platform running on Binance Smart Chain.

The Venus Protocol will enable users to mint VAI (VAI), a synthetic stablecoin based on the price of $1 USD, by using the vTokens from the underlying collateral that they have previously supplied to the protocol. Users can borrow up to 50% of the remaining collateral value they have on the protocol from their vTokens to mint VAI.”

Vai Token Trading

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

VAI/USD price chart by TradingView