Vai (VAI) Achieves Market Cap of $4.85 Million

Vai (VAI) traded down 0% against the US dollar during the 1 day period ending at 16:00 PM Eastern on October 28th. Over the last seven days, Vai has traded down 0.2% against the US dollar. Vai has a total market capitalization of $4.85 million and approximately $84,460.06 worth of Vai was traded on exchanges in the last 24 hours. One Vai token can currently be purchased for $1.00 or 0.00001433 BTC on major exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 2.2% lower 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 2.7% higher against the dollar and now trades at $69,405.55 or 0.99610055 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.7% against the dollar and now trades at $69,250.38 or 0.99387355 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Vai

Vai’s launch date was November 16th, 2020. Vai’s total supply is 4,855,109 tokens. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Vai’s official message board is medium.com/venusprotocol. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. The official website for Vai is venus.io.

According to CryptoCompare, “VAI is Venus Protocol’s native decentralized stablecoin that is minted and redeemed directly on the Venus platform running on Binance Smart Chain.

The Venus Protocol will enable users to mint VAI (VAI), a synthetic stablecoin based on the price of $1 USD, by using the vTokens from the underlying collateral that they have previously supplied to the protocol. Users can borrow up to 50% of the remaining collateral value they have on the protocol from their vTokens to mint VAI.”

Vai Token Trading

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

VAI/USD price chart by TradingView