Velas Reaches Self Reported Market Cap of $37.62 Million (VLX)

Velas (VLX) traded 4.4% higher against the dollar during the 24-hour period ending at 18:00 PM Eastern on May 26th. In the last week, Velas has traded up 11.4% against the dollar. One Velas coin can now be purchased for approximately $0.0153 or 0.00000057 BTC on popular exchanges. Velas has a total market capitalization of $37.62 million and approximately $1.10 million worth of Velas was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 2% against the dollar and now trades at $14.37 or 0.00053704 BTC.
• Cosmos (ATOM) traded up 0.9% against the dollar and now trades at $10.55 or 0.00039445 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $4.86 or 0.00018158 BTC.
• Hedera (HBAR) traded 2.2% higher against the dollar and now trades at $0.0518 or 0.00000194 BTC.
• Cronos (CRO) traded up 0.6% against the dollar and now trades at $0.0602 or 0.00000225 BTC.
• NEAR Protocol (NEAR) traded 2.2% higher against the dollar and now trades at $1.59 or 0.00005942 BTC.
• Algorand (ALGO) traded up 0% against the dollar and now trades at $0.15 or 0.00000562 BTC.
• Kava (KAVA) traded 3.2% higher against the dollar and now trades at $1.13 or 0.00004239 BTC.
• Theta Fuel (TFUEL) traded 0.7% higher against the dollar and now trades at $0.0409 or 0.00000153 BTC.
• Fetch.ai (FET) traded up 3.8% against the dollar and now trades at $0.25 or 0.00000918 BTC.

Velas Coin Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,455,271,864 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 medium.com/velasblockchain.

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 presently possible to buy alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to acquire Velas should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView