Venus Trading Down 2.9% This Week (XVS)

Venus (XVS) traded up 9.5% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM ET on November 6th. One Venus token can currently be purchased for about $6.84 or 0.00009189 BTC on major cryptocurrency exchanges. Venus has a market cap of $112.15 million and approximately $3.63 million worth of Venus was traded on exchanges in the last 24 hours. During the last week, Venus has traded down 2.9% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 8.4% against the dollar and now trades at $74,495.57 or 1.00134122 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.6% higher against the dollar and now trades at $73,094.21 or 0.98250471 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 launched on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,406,061 tokens. The official website for Venus is venus.io. The official message board for Venus is community.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 currently possible to buy alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to acquire Venus should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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