VeriumReserve Reaches Market Capitalization of $7.89 Million (VRM)

VeriumReserve (CURRENCY:VRM) traded 4% higher against the US dollar during the one day period ending at 22:00 PM Eastern on February 11th. One VeriumReserve coin can now be purchased for approximately $5.29 or 0.00062418 BTC on major cryptocurrency exchanges including Bittrex, Cryptopia and Livecoin. Over the last seven days, VeriumReserve has traded 4.4% higher against the US dollar. VeriumReserve has a market capitalization of $7.89 million and $51,940.00 worth of VeriumReserve was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Litecoin (LTC) traded 3.7% higher against the dollar and now trades at $155.20 or 0.01832900 BTC.
  • Verge (XVG) traded up 3.9% against the dollar and now trades at $0.0543 or 0.00000641 BTC.
  • Dogecoin (DOGE) traded up 6% against the dollar and now trades at $0.0052 or 0.00000061 BTC.
  • Bytom (BTM) traded 9.1% higher against the dollar and now trades at $0.37 or 0.00004364 BTC.
  • Syscoin (SYS) traded 3.2% higher against the dollar and now trades at $0.52 or 0.00006156 BTC.
  • Polymath (POLY) traded up 3.4% against the dollar and now trades at $0.79 or 0.00009289 BTC.
  • GameCredits (GAME) traded down 0.8% against the dollar and now trades at $2.28 or 0.00026904 BTC.
  • BridgeCoin (BCO) traded 0.3% lower against the dollar and now trades at $3.38 or 0.00039890 BTC.
  • Einsteinium (EMC2) traded 5.2% lower against the dollar and now trades at $0.40 or 0.00004727 BTC.
  • CyberMiles (CMT) traded 4.2% higher against the dollar and now trades at $0.18 or 0.00002183 BTC.

VeriumReserve Coin Profile

VRM is a PoWT coin that uses the Scrypt hashing algorithm. Its launch date was September 16th, 2016. VeriumReserve’s total supply is 1,492,164 coins. VeriumReserve’s official website is www.vericoin.info/veriumlaunch.html. VeriumReserve’s official Twitter account is @VeriumReserve and its Facebook page is accessible here.

According to CryptoCompare, “Verium is a cryptocurrency created by the developers of Vericoin. Together, these two coins (Verium and Vericoin) create a “system” in which Vericoin acts as currency, due to its cheap transaction fees and faster block times, while Verium acts as a store of value due to its higher fees and slower blocktimes that dis-incentivize spending. Verium uses the Proof of Work Time consensus protocol that has variable block times to increases blockchain performance and security. PoWT also allows mining to be GPU and ASIC resistant. “

Buying and Selling VeriumReserve

VeriumReserve can be purchased on these cryptocurrency exchanges: Livecoin, Cryptopia and Bittrex. It is not possible to purchase VeriumReserve directly using U.S. dollars. Investors seeking to acquire VeriumReserve must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase VeriumReserve using one of the exchanges listed above.

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