Venus (XVS) Hits Market Cap of $118.12 Million

Venus (XVS) traded up 6.5% against the US dollar during the 1-day period ending at 17:00 PM Eastern on August 20th. In the last week, Venus has traded up 16.1% against the US dollar. Venus has a total market cap of $118.12 million and $4.41 million worth of Venus was traded on exchanges in the last 24 hours. One Venus token can currently be purchased for approximately $7.29 or 0.00012340 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4.3% higher against the dollar and now trades at $0.0150 or 0.00000025 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.8% lower against the dollar and now trades at $0.0449 or 0.00000076 BTC.

Venus Profile

Venus’ launch date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,204,502 tokens. The official website for Venus is venus.io. Venus’ official message board is community.venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here.

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 possible to buy alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to trade Venus should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Venus using one of the aforementioned exchanges.

XVS/USD price chart by TradingView