Venus Market Cap Hits $102.02 Million (XVS)

Venus (XVS) traded 2.1% higher against the US dollar during the 24 hour period ending at 12:00 PM ET on August 9th. Venus has a total market cap of $102.02 million and $3.26 million worth of Venus was traded on exchanges in the last 24 hours. Over the last seven days, Venus has traded 9.1% lower against the US dollar. One Venus token can currently be bought for approximately $6.30 or 0.00010518 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.1% against the dollar and now trades at $0.0125 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.2% lower against the dollar and now trades at $0.0571 or 0.00000095 BTC.

Venus Token Profile

Venus launched on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,186,497 tokens. The official message board for Venus is community.venus.io. The official website for Venus is venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here.

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 presently possible to buy alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to trade Venus should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Venus using one of the exchanges listed above.

XVS/USD price chart by TradingView