Velas (VLX) Price Up 27.4% Over Last Week

Velas (VLX) traded 29.5% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on January 28th. In the last week, Velas has traded up 27.4% against the U.S. dollar. Velas has a market capitalization of $3.00 million and $10.66 thousand worth of Velas was traded on exchanges in the last day. One Velas coin can currently be purchased for approximately $0.0011 or 0.00000001 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Cronos (CRO) traded 1.7% higher against the dollar and now trades at $0.0918 or 0.00000102 BTC.
• Avalanche (AVAX) traded 4.8% higher against the dollar and now trades at $12.17 or 0.00013521 BTC.
• Hedera (HBAR) traded up 2.8% against the dollar and now trades at $0.11 or 0.00000120 BTC.
• NEAR Protocol (NEAR) traded up 2.3% against the dollar and now trades at $1.48 or 0.00001646 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $3.25 or 0.00003608 BTC.
• Cosmos (ATOM) traded 3% higher against the dollar and now trades at $2.28 or 0.00002536 BTC.
• Algorand (ALGO) traded up 2.2% against the dollar and now trades at $0.12 or 0.00000135 BTC.
• Fetch.ai (FET) traded up 4.1% against the dollar and now trades at $0.23 or 0.00000254 BTC.
• PayProtocol Paycoin (PCI) traded 3.8% lower against the dollar and now trades at $0.0693 or 0.00000077 BTC.
• Akash Network (AKT) traded down 1.5% against the dollar and now trades at $0.46 or 0.00000507 BTC.

Velas Coin Profile

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,764,304,288 coins. The official message board for Velas is velas.com/en/blog. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. 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.”

Buying and Selling Velas

It is usually not 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, Changelly or GDAX. 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