Velas Trading 10.1% Lower Over Last Week (VLX)

Velas (VLX) traded 0.3% lower against the US dollar during the 1 day period ending at 13:00 PM E.T. on January 21st. One Velas coin can now be purchased for $0.0081 or 0.00000008 BTC on major exchanges. Velas has a market capitalization of $21.55 million and $100,123.83 worth of Velas was traded on exchanges in the last 24 hours. In the last seven days, Velas has traded 10.1% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 2.8% against the dollar and now trades at $37.27 or 0.00035038 BTC.
• Hedera (HBAR) traded up 0.2% against the dollar and now trades at $0.35 or 0.00000325 BTC.
• NEAR Protocol (NEAR) traded up 5% against the dollar and now trades at $5.33 or 0.00005009 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $10.07 or 0.00009469 BTC.
• Cronos (CRO) traded 8.8% higher against the dollar and now trades at $0.14 or 0.00000135 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.44 or 0.00000412 BTC.
• Fetch.ai (FET) traded 7.7% higher against the dollar and now trades at $1.29 or 0.00001210 BTC.
• Cosmos (ATOM) traded up 3.8% against the dollar and now trades at $6.31 or 0.00005934 BTC.
• Akash Network (AKT) traded up 2.7% against the dollar and now trades at $2.97 or 0.00002799 BTC.
• Kava (KAVA) traded 7.3% higher against the dollar and now trades at $0.48 or 0.00000449 BTC.

About Velas

Velas uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,677,086,304 coins. The official website for Velas is velas.com. The official message board for Velas is velas.com/en/blog. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here.

According to CryptoCompare, “Velas (VLX) is a high-performance blockchain platform designed to support smart contracts and decentralised applications, capable of processing up to 75,000 transactions per second with low fees. It serves various sectors, including DeFi, NFTs, and gaming, and operates as a carbon-neutral network. Founded in 2019 by Alex Alexandrov, Velas is headquartered in Zug, Switzerland.”

Velas Coin Trading

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

VLX/USD price chart by TradingView