Velas (VLX) Self Reported Market Capitalization Achieves $2.27 Million

Velas (VLX) traded 7.6% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on December 27th. Velas has a market cap of $2.27 million and approximately $2.07 thousand worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can currently be purchased for approximately $0.0008 or 0.00000001 BTC on exchanges. Over the last week, Velas has traded down 23.5% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.0921 or 0.00000105 BTC.
• Avalanche (AVAX) traded up 0.5% against the dollar and now trades at $12.51 or 0.00014317 BTC.
• Hedera (HBAR) traded 1.2% lower against the dollar and now trades at $0.11 or 0.00000128 BTC.
• NEAR Protocol (NEAR) traded 0.2% higher against the dollar and now trades at $1.53 or 0.00001753 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $3.06 or 0.00003499 BTC.
• Algorand (ALGO) traded 0.8% lower against the dollar and now trades at $0.12 or 0.00000134 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $2.05 or 0.00002343 BTC.
• Fetch.ai (FET) traded down 0% against the dollar and now trades at $0.21 or 0.00000242 BTC.
• PayProtocol Paycoin (PCI) traded up 0% against the dollar and now trades at $0.0684 or 0.00000078 BTC.
• Theta Fuel (TFUEL) traded 2% lower against the dollar and now trades at $0.0175 or 0.00000020 BTC.

Velas Profile

Velas uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,764,304,288 coins. 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. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed 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 currently possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView