Velas Trading Down 13.5% Over Last Week (VLX)

Velas (VLX) traded down 5.9% against the US dollar during the 24 hour period ending at 13:00 PM E.T. on March 10th. Over the last week, Velas has traded down 13.5% against the US dollar. Velas has a market cap of $12.97 million and $219,926.68 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can now be bought for $0.0048 or 0.00000006 BTC on popular cryptocurrency exchanges.

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

• Hedera (HBAR) traded down 3% against the dollar and now trades at $0.20 or 0.00000251 BTC.
• Avalanche (AVAX) traded down 7.2% against the dollar and now trades at $17.41 or 0.00022093 BTC.
• NEAR Protocol (NEAR) traded 8.8% lower against the dollar and now trades at $2.43 or 0.00003084 BTC.
• Internet Computer (ICP) traded down 3.7% against the dollar and now trades at $5.35 or 0.00006785 BTC.
• Cronos (CRO) traded 4.7% lower against the dollar and now trades at $0.0791 or 0.00000100 BTC.
• Algorand (ALGO) traded 5.2% lower against the dollar and now trades at $0.19 or 0.00000247 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $3.86 or 0.00004900 BTC.
• Fetch.ai (FET) traded down 2.3% against the dollar and now trades at $0.51 or 0.00000651 BTC.
• Kava (KAVA) traded 3.4% lower against the dollar and now trades at $0.40 or 0.00000508 BTC.
• Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $1.09 or 0.00001371 BTC.

Velas Coin Profile

Velas (VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,692,936,050 coins. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. Velas’ official message board is velas.com/en/blog. Velas’ official website is velas.com. 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 currently possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView