Velas (VLX) Self Reported Market Capitalization Reaches $12.75 Million

Velas (VLX) traded down 0.6% against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on March 18th. Velas has a market cap of $12.75 million and approximately $296,827.90 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can currently be bought for $0.0047 or 0.00000006 BTC on exchanges. Over the last seven days, Velas has traded up 3.6% against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Hedera (HBAR) traded down 3.7% against the dollar and now trades at $0.18 or 0.00000225 BTC.
• Avalanche (AVAX) traded 0.3% higher against the dollar and now trades at $18.56 or 0.00022664 BTC.
• NEAR Protocol (NEAR) traded 1.5% lower against the dollar and now trades at $2.54 or 0.00003101 BTC.
• Internet Computer (ICP) traded 3.1% lower against the dollar and now trades at $5.65 or 0.00006903 BTC.
• Cronos (CRO) traded down 4.9% against the dollar and now trades at $0.0797 or 0.00000097 BTC.
• Cosmos (ATOM) traded up 1.1% against the dollar and now trades at $4.61 or 0.00005624 BTC.
• Algorand (ALGO) traded 3.7% lower against the dollar and now trades at $0.18 or 0.00000223 BTC.
• Fetch.ai (FET) traded down 3.6% against the dollar and now trades at $0.50 or 0.00000608 BTC.
• Kava (KAVA) traded down 2.7% against the dollar and now trades at $0.49 or 0.00000593 BTC.
• Akash Network (AKT) traded 5.2% lower against the dollar and now trades at $1.24 or 0.00001517 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,695,448,015 coins. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official website for Velas is velas.com. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. The official message board for Velas is velas.com/en/blog.

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.”

Buying and Selling Velas

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

VLX/USD price chart by TradingView