Venus Market Cap Reaches $73.70 Million (XVS)

Venus (XVS) traded 1% higher against the U.S. dollar during the 1-day period ending at 23:00 PM E.T. on May 26th. One Venus token can currently be purchased for $4.94 or 0.00018486 BTC on cryptocurrency exchanges. During the last week, Venus has traded down 1.7% against the U.S. dollar. Venus has a market capitalization of $73.70 million and $2.17 million worth of Venus was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2.5% higher against the dollar and now trades at $0.35 or 0.00001292 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 0% higher against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 7.3% lower against the dollar and now trades at $0.0147 or 0.00000055 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 down 2.2% against the dollar and now trades at $0.0088 or 0.00000033 BTC.

Venus Token Profile

Venus was first traded on September 28th, 2020. Venus’ total supply is 29,745,110 tokens and its circulating supply is 14,912,874 tokens. The official website for Venus is venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. Venus’ official message board is community.venus.io.

According to CryptoCompare, “Venus Protocol is a decentralized finance platform that operates on the Binance Smart Chain. It allows users to lend and borrow cryptocurrencies using over-collateralized assets as collateral. Lenders earn interest on their deposits while borrowers pay interest on the amount borrowed. The platform sets interest rates automatically based on market demand, using a curve yield approach.”

Buying and Selling Venus

It is usually not presently possible to buy alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to trade Venus should first buy 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 buy Venus using one of the aforementioned exchanges.

XVS/USD price chart by TradingView