Venus Market Cap Reaches $95.09 Million (XVS)

Venus (XVS) traded 6.1% lower against the US dollar during the 24 hour period ending at 12:00 PM E.T. on March 18th. One Venus token can currently be bought for about $5.73 or 0.00006996 BTC on exchanges. Venus has a total market cap of $95.09 million and approximately $19.87 million worth of Venus was traded on exchanges in the last day. In the last seven days, Venus has traded up 7.1% against the US dollar.

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

• Taiko (TAIKO) traded down 2.5% against the dollar and now trades at $0.62 or 0.00000762 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 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.
• SolvBTC (SOLVBTC) traded down 1.8% against the dollar and now trades at $81,786.46 or 0.99847017 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.3% against the dollar and now trades at $81,308.17 or 0.99263112 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Venus

Venus’ launch date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,594,903 tokens. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The official website for Venus is venus.io. Venus’ official message board is community.venus.io. The Reddit community for Venus is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed 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.”

Buying and Selling Venus

It is usually not 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Venus using one of the aforementioned exchanges.

XVS/USD price chart by TradingView