Venus Reaches Market Capitalization of $116.90 Million (XVS)

Venus (XVS) traded up 12.4% against the U.S. dollar during the 1 day period ending at 14:00 PM ET on November 6th. One Venus token can now be bought for $7.13 or 0.00009417 BTC on popular cryptocurrency exchanges. During the last week, Venus has traded up 1.7% against the U.S. dollar. Venus has a total market cap of $116.90 million and approximately $5.01 million worth of Venus was traded on exchanges in the last day.

Here is 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 down 2.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 7.8% higher against the dollar and now trades at $75,236.48 or 0.99432703 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.2% against the dollar and now trades at $74,011.09 or 0.97813223 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Venus

Venus was first traded on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,406,657 tokens. The official website for Venus is venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The official message board for Venus is community.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.”

Buying and Selling Venus

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

XVS/USD price chart by TradingView