Vai Reaches Market Cap of $4.80 Million (VAI)

Vai (VAI) traded 0.1% higher against the US dollar during the twenty-four hour period ending at 15:00 PM Eastern on August 21st. One Vai token can now be purchased for about $1.00 or 0.00001655 BTC on popular exchanges. During the last seven days, Vai has traded up 0.2% against the US dollar. Vai has a market capitalization of $4.80 million and $609.28 worth of Vai was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 2.6% against the dollar and now trades at $0.0446 or 0.00000074 BTC.

Vai Token Profile

Vai’s launch date was November 16th, 2020. Vai’s total supply is 4,794,782 tokens. Vai’s official message board is medium.com/venusprotocol. Vai’s official website is venus.io. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here.

According to CryptoCompare, “VAI is Venus Protocol’s native decentralized stablecoin that is minted and redeemed directly on the Venus platform running on Binance Smart Chain.

The Venus Protocol will enable users to mint VAI (VAI), a synthetic stablecoin based on the price of $1 USD, by using the vTokens from the underlying collateral that they have previously supplied to the protocol. Users can borrow up to 50% of the remaining collateral value they have on the protocol from their vTokens to mint VAI.”

Vai Token Trading

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

VAI/USD price chart by TradingView