Velas Achieves Self Reported Market Capitalization of $12.97 Million (VLX)

Velas (VLX) traded 5.9% lower against the U.S. dollar during the 1 day period ending at 13:00 PM ET on March 10th. In the last seven days, Velas has traded 13.5% lower against the U.S. dollar. Velas has a market cap of $12.97 million and approximately $219,926.68 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can now be purchased for approximately $0.0048 or 0.00000006 BTC on major cryptocurrency exchanges.

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

• Hedera (HBAR) traded down 3% against the dollar and now trades at $0.20 or 0.00000251 BTC.
• Avalanche (AVAX) traded 7.2% lower against the dollar and now trades at $17.41 or 0.00022093 BTC.
• NEAR Protocol (NEAR) traded down 8.8% against the dollar and now trades at $2.43 or 0.00003084 BTC.
• Internet Computer (ICP) traded 3.7% lower against the dollar and now trades at $5.35 or 0.00006785 BTC.
• Cronos (CRO) traded 4.7% lower against the dollar and now trades at $0.0791 or 0.00000100 BTC.
• Algorand (ALGO) traded 5.2% lower against the dollar and now trades at $0.19 or 0.00000247 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $3.86 or 0.00004900 BTC.
• Fetch.ai (FET) traded 2.3% lower against the dollar and now trades at $0.51 or 0.00000651 BTC.
• Kava (KAVA) traded down 3.4% against the dollar and now trades at $0.40 or 0.00000508 BTC.
• Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $1.09 or 0.00001371 BTC.

Velas Coin Profile

Velas uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,692,936,050 coins. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official website is velas.com. Velas’ official message board is velas.com/en/blog. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here.

According to CryptoCompare, “Velas (VLX) is a high-performance blockchain platform designed to support smart contracts and decentralised applications, capable of processing up to 75,000 transactions per second with low fees. It serves various sectors, including DeFi, NFTs, and gaming, and operates as a carbon-neutral network. Founded in 2019 by Alex Alexandrov, Velas is headquartered in Zug, Switzerland.”

Velas Coin Trading

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

VLX/USD price chart by TradingView