Velas Achieves Self Reported Market Capitalization of $41.60 Million (VLX)

Velas (VLX) traded down 0.2% against the dollar during the twenty-four hour period ending at 18:00 PM Eastern on May 4th. One Velas coin can currently be purchased for about $0.0161 or 0.00000025 BTC on exchanges. In the last week, Velas has traded up 0.6% against the dollar. Velas has a market cap of $41.60 million and approximately $946,856.20 worth of Velas was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 4.5% against the dollar and now trades at $37.18 or 0.00058175 BTC.
• NEAR Protocol (NEAR) traded 0.1% lower against the dollar and now trades at $6.86 or 0.00010731 BTC.
• Internet Computer (ICP) traded down 3.6% against the dollar and now trades at $13.19 or 0.00020641 BTC.
• Hedera (HBAR) traded 2.9% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Cronos (CRO) traded up 0.2% against the dollar and now trades at $0.13 or 0.00000209 BTC.
• Cosmos (ATOM) traded 1.4% lower against the dollar and now trades at $8.70 or 0.00013605 BTC.
• Fetch.ai (FET) traded up 0.4% against the dollar and now trades at $2.18 or 0.00003404 BTC.
• Algorand (ALGO) traded 0.6% higher against the dollar and now trades at $0.19 or 0.00000303 BTC.
• Akash Network (AKT) traded up 1% against the dollar and now trades at $4.33 or 0.00006750 BTC.
• Kava (KAVA) traded 0.2% lower against the dollar and now trades at $0.68 or 0.00001070 BTC.

About Velas

VLX uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,586,255,666 coins. 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 website for Velas is velas.com. 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.”

Velas Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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