Venus Achieves Market Cap of $124.89 Million (XVS)

Venus (XVS) traded down 8.3% against the dollar during the 1-day period ending at 10:00 AM Eastern on June 15th. Venus has a market capitalization of $124.89 million and $9.52 million worth of Venus was traded on exchanges in the last day. One Venus token can currently be purchased for approximately $7.79 or 0.00011753 BTC on major cryptocurrency exchanges. In the last seven days, Venus has traded down 27% against the dollar.

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

• KILT Protocol (KILT) traded 0.1% lower against the dollar and now trades at $0.23 or 0.00000342 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 down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.5% against the dollar and now trades at $0.0103 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Venus Token Profile

Venus was first traded on September 28th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,041,922 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 (DeFi) lending and borrowing platform deployed on the BNB Chain. Created by the Swipe project team, led by Joselito Lizarondo, it combines the features of Maker and Compound to offer a user-friendly DeFi experience. The native governance token, XVS, is used for voting, staking, and participating in the protocol’s governance. Venus Protocol focuses on risk management, decentralization, and user experience improvements in its latest version (V4), introducing features like Isolated Pools and the Resilient Price Oracle to enhance its capabilities.”

Venus Token Trading

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

XVS/USD price chart by TradingView