Vai (VAI) Market Cap Reaches $2.30 Million

Vai (VAI) traded up 0.2% against the dollar during the 24 hour period ending at 11:00 AM ET on February 1st. Vai has a market cap of $2.30 million and approximately $37.19 thousand worth of Vai was traded on exchanges in the last 24 hours. One Vai token can currently be purchased for approximately $1.00 or 0.00001289 BTC on major cryptocurrency exchanges. In the last seven days, Vai has traded 0.1% lower against the dollar.

Here is how similar cryptocurrencies have performed in 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 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.
• 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.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 4.3% lower against the dollar and now trades at $77,379.15 or 0.99893817 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Vai

Vai’s launch date was November 16th, 2020. Vai’s total supply is 2,298,453 tokens. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as Vai directly using US dollars. Investors seeking to trade Vai should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Vai using one of the aforementioned exchanges.

VAI/USD price chart by TradingView