Venus Achieves Market Capitalization of $99.77 Million (XVS)

Venus (XVS) traded 3.3% lower against the U.S. dollar during the 1 day period ending at 22:00 PM Eastern on August 15th. One Venus token can now be purchased for $6.16 or 0.00010736 BTC on popular cryptocurrency exchanges. Venus has a market capitalization of $99.77 million and $2.17 million worth of Venus was traded on exchanges in the last 24 hours. Over the last seven days, Venus has traded 5.9% lower against the U.S. dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.5% against the dollar and now trades at $0.0131 or 0.00000023 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 8.6% lower against the dollar and now trades at $0.0481 or 0.00000083 BTC.

Venus Profile

Venus launched on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,197,816 tokens. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. Venus’ official message board is community.venus.io. The official website for Venus is venus.io.

According to CryptoCompare, “Venus Protocol is a decentralized finance (DeFi) lending and borrowing platform deployed on the BNB Chain. Created by the Swipe project team, led by Joselito Lizarondo, it combines the features of Maker and Compound to offer a user-friendly DeFi experience. The native governance token, XVS, is used for voting, staking, and participating in the protocol’s governance. Venus Protocol focuses on risk management, decentralization, and user experience improvements in its latest version (V4), introducing features like Isolated Pools and the Resilient Price Oracle to enhance its capabilities.”

Venus Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to trade Venus should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Venus using one of the exchanges listed above.

XVS/USD price chart by TradingView