Velas Trading 10% Lower Over Last 7 Days (VLX)

Velas (VLX) traded down 3.3% against the dollar during the 1-day period ending at 0:00 AM E.T. on October 31st. Velas has a market cap of $22.06 million and approximately $525,595.10 worth of Velas was traded on exchanges in the last day. During the last seven days, Velas has traded down 10% against the dollar. One Velas coin can currently be bought for about $0.0083 or 0.00000012 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 4.4% lower against the dollar and now trades at $24.90 or 0.00035854 BTC.
• NEAR Protocol (NEAR) traded down 5.7% against the dollar and now trades at $4.02 or 0.00005795 BTC.
• Internet Computer (ICP) traded down 2.5% against the dollar and now trades at $7.87 or 0.00011330 BTC.
• Fetch.ai (FET) traded up 0.4% against the dollar and now trades at $1.29 or 0.00001855 BTC.
• Cronos (CRO) traded 2.5% lower against the dollar and now trades at $0.0730 or 0.00000105 BTC.
• Hedera (HBAR) traded down 3.5% against the dollar and now trades at $0.0460 or 0.00000066 BTC.
• Cosmos (ATOM) traded 4.3% lower against the dollar and now trades at $4.23 or 0.00006084 BTC.
• Algorand (ALGO) traded 4.4% lower against the dollar and now trades at $0.11 or 0.00000165 BTC.
• Akash Network (AKT) traded down 6.4% against the dollar and now trades at $2.35 or 0.00003339 BTC.
• Theta Fuel (TFUEL) traded down 2.9% against the dollar and now trades at $0.0525 or 0.00000076 BTC.

Velas Coin Profile

VLX uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,649,215,128 coins. Velas’ official website is velas.com. 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. The official message board for Velas is velas.com/en/blog.

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 trade Velas should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView