Velas (VLX) Hits Self Reported Market Capitalization of $36.14 Million

Velas (VLX) traded 2.5% higher against the US dollar during the 24 hour period ending at 21:00 PM E.T. on April 19th. Velas has a market cap of $36.14 million and approximately $1.20 million worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can currently be purchased for approximately $0.0140 or 0.00000022 BTC on major exchanges. In the last seven days, Velas has traded up 0.6% against the US dollar.

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

• Avalanche (AVAX) traded 0.1% lower against the dollar and now trades at $34.58 or 0.00054171 BTC.
• Internet Computer (ICP) traded 10.8% higher against the dollar and now trades at $14.09 or 0.00022067 BTC.
• NEAR Protocol (NEAR) traded down 2.4% against the dollar and now trades at $5.56 or 0.00008715 BTC.
• Cronos (CRO) traded 1% higher against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Cosmos (ATOM) traded 0.3% higher against the dollar and now trades at $8.17 or 0.00012798 BTC.
• Hedera (HBAR) traded 2% lower against the dollar and now trades at $0.0802 or 0.00000126 BTC.
• Fetch.ai (FET) traded up 3.5% against the dollar and now trades at $2.10 or 0.00003294 BTC.
• Algorand (ALGO) traded 0.8% higher against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded down 1.8% against the dollar and now trades at $3.82 or 0.00006008 BTC.
• Kava (KAVA) traded 0.3% higher against the dollar and now trades at $0.67 or 0.00001046 BTC.

About Velas

Velas (CRYPTO:VLX) uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,580,666,311 coins. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. The official website for Velas 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 ™ 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 presently possible to purchase alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView