Velas (VLX) Achieves Self Reported Market Cap of $38.99 Million

Velas (VLX) traded 1.6% higher against the US dollar during the 24 hour period ending at 16:00 PM E.T. on November 17th. Velas has a total market capitalization of $38.99 million and $1.27 million worth of Velas was traded on exchanges in the last 24 hours. Over the last week, Velas has traded up 69.5% against the US dollar. One Velas coin can currently be purchased for approximately $0.0155 or 0.00000042 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $21.36 or 0.00058725 BTC.
• Cosmos (ATOM) traded down 5.4% against the dollar and now trades at $9.14 or 0.00025130 BTC.
• Cronos (CRO) traded 0.7% higher against the dollar and now trades at $0.0969 or 0.00000266 BTC.
• Hedera (HBAR) traded 1.2% higher against the dollar and now trades at $0.0618 or 0.00000170 BTC.
• Internet Computer (ICP) traded down 2.7% against the dollar and now trades at $4.25 or 0.00011674 BTC.
• NEAR Protocol (NEAR) traded 5.9% higher against the dollar and now trades at $1.82 or 0.00005009 BTC.
• Algorand (ALGO) traded 2.9% lower against the dollar and now trades at $0.13 or 0.00000362 BTC.
• Kava (KAVA) traded down 3.3% against the dollar and now trades at $0.77 or 0.00002123 BTC.
• Fetch.ai (FET) traded 0.1% higher against the dollar and now trades at $0.43 or 0.00001188 BTC.
• Theta Fuel (TFUEL) traded down 0.8% against the dollar and now trades at $0.0442 or 0.00000122 BTC.

About Velas

Velas uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,523,240,958 coins and its circulating supply is 2,523,240,956 coins. 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. Velas’ official message board is medium.com/velasblockchain. Velas’ official website is velas.com.

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 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 Gemini, GDAX or Changelly. 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