Venus 24-Hour Volume Tops $3.16 Million (XVS)

Venus (XVS) traded 3.9% lower against the US dollar during the 24 hour period ending at 22:00 PM Eastern on October 30th. One Venus token can currently be purchased for about $6.97 or 0.00009624 BTC on exchanges. Venus has a market capitalization of $114.25 million and approximately $3.16 million worth of Venus was traded on exchanges in the last day. During the last week, Venus has traded down 2.4% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• 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.
• 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $72,199.25 or 0.99700868 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.5% against the dollar and now trades at $72,112.41 or 0.99580950 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Venus Token Profile

Venus’ launch date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,393,160 tokens. The official message board for Venus is community.venus.io. The official website for Venus is 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 purchase alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to acquire Venus should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Venus using one of the aforementioned exchanges.

XVS/USD price chart by TradingView