Vai (VAI) Hits Market Cap of $2.59 Million

Vai (VAI) traded up 0.1% against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on March 14th. Vai has a market capitalization of $2.59 million and approximately $111.95 worth of Vai was traded on exchanges in the last day. During the last seven days, Vai has traded 0.1% lower against the U.S. dollar. One Vai token can currently be bought for $1.00 or 0.00001197 BTC on popular cryptocurrency exchanges.

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

• Taiko (TAIKO) traded 3.8% lower against the dollar and now trades at $0.64 or 0.00000766 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $83,034.31 or 0.99608333 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $82,418.79 or 0.98869946 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Vai

Vai’s launch date was November 16th, 2020. Vai’s total supply is 2,597,699 tokens. 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. Vai’s official website is venus.io. Vai’s official message board is medium.com/venusprotocol.

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 possible to buy alternative cryptocurrencies such as Vai directly using U.S. dollars. Investors seeking to acquire Vai should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Vai using one of the exchanges listed above.

VAI/USD price chart by TradingView