Velas Tops 24-Hour Volume of $499,326.92 (VLX)

Velas (VLX) traded 5.3% lower against the dollar during the 24-hour period ending at 16:00 PM ET on October 23rd. One Velas coin can now be purchased for about $0.0094 or 0.00000014 BTC on cryptocurrency exchanges. In the last seven days, Velas has traded 17.8% lower against the dollar. Velas has a total market capitalization of $24.86 million and approximately $499,326.92 worth of Velas was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 4.1% lower against the dollar and now trades at $26.49 or 0.00039972 BTC.
• NEAR Protocol (NEAR) traded 1.9% lower against the dollar and now trades at $4.58 or 0.00006907 BTC.
• Internet Computer (ICP) traded up 1.7% against the dollar and now trades at $8.07 or 0.00012178 BTC.
• Cronos (CRO) traded down 2.7% against the dollar and now trades at $0.0750 or 0.00000113 BTC.
• Hedera (HBAR) traded 1.8% lower against the dollar and now trades at $0.0510 or 0.00000077 BTC.
• Cosmos (ATOM) traded 3.2% lower against the dollar and now trades at $4.64 or 0.00006995 BTC.
• Fetch.ai (FET) traded 2.9% lower against the dollar and now trades at $1.31 or 0.00001984 BTC.
• Algorand (ALGO) traded 2.4% lower against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded 2.7% lower against the dollar and now trades at $2.44 or 0.00003679 BTC.
• Theta Fuel (TFUEL) traded 4.2% lower against the dollar and now trades at $0.0579 or 0.00000087 BTC.

About Velas

VLX uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,641,298,356 coins. Velas’ official website 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 ™ is a self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability, and security.”

Buying and Selling Velas

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

VLX/USD price chart by TradingView