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Verge Price Prediction – How High Will XVG Price Reach in 2021?

Verge Price Prediction

The post Verge Price Prediction – How High Will XVG Price Reach in 2021? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Verge is one the cryptocurrencies to appear in the blockchain ecosystem during the reign of the nearly extinct Initial Coin Offering (ICO) days. Back in 2017, during the “mass movement to the moon”, the crypto ecosystem was filled with a “sea of coins”, all aiming to make a name within the community.  Amid several such …

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Verge is one the cryptocurrencies to appear in the blockchain ecosystem during the reign of the nearly extinct Initial Coin Offering (ICO) days. Back in 2017, during the “mass movement to the moon”, the crypto ecosystem was filled with a “sea of coins”, all aiming to make a name within the community. 

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Amid several such cryptocurrencies gracing the community with brilliant ideas and unstoppable technology, Verge was one of the few that happened to succeed until now. 

Are you currently thinking of investing in Verge? or Worried about your current XVG holdings and their potential? This Article includes Verge price prediction for 2021 and beyond.

Table of contents

Overview

Cryptocurrency Verge
Token XVG
Price $ 0.0133
Market cap $ 219,114,066.0000
Circulating Supply $ 16,420,958,343.3634
Trading Volume  $ 33,419,719.0000
All time high $ 0.2619     December 24, 2017
All time low $ 0.0000     February 6, 2015

What is Verge?

Launched in 2014, Verge came out under the name “DogecoinDark” which was introduced by Justin Sunerock. Verge, according to its official documents, is an open-source secrecy coin which is governed by a group of cross-border developers. Verge runs on its native cryptocurrency, XVG and it utilizes the obscurity darkweb tool Tor for its anonymity feature and a mysterious network layer I2P to hide certain transaction areas and IP addresses.

The trade speed on Verge is virtually 5 seconds as a result of the usage of Simple Payment Verification (SPV). The Core QT wallet has incorporated TOR and SSL encryption which conceals the IP addresses of clients. The advancement of the Wraith Protocol improvement enables users to personally transact across the Verge blockchain with stealth addressing services.

Besides, Verge’s users may reportedly shift between public and private records on the Verge blockchain. The network gives five distinct Proof-of-Work algorithms for mining – Lyra2rev2, Scrypt, X17, blake2s, and myr-groestl.

Verge Coin [XVG] Technical Analysis

XVG first appeared on the exchanges on October 15, 2014. At the time, the coin merely had any value and continued to trade at the $0.000013 mark for almost two years. The coin had a very low market capitalization and traded at nearly zero volumes on exchanges.

2017

The first major exchange volume was recorded in 2017 when over $3,000 XVG was traded during the month of March. In mid-2017, XVG was affected by the general crypto surge that escorted many similar coins to greater price heights. As the frontrunner crypto, BTC was nearing its ATH value, XVG turned up and touched $0.0046 in June of the same year. At the time, its market capitalization had soared to around $21 million amid a daily exchange volume averaging around $6 million. 

By December of 2017, XVG had soared and touched its all-time-high price at $0.26. The coin’s market capitalization has soared accordingly and exchange volume was hovering around 600 million on a daily basis. 

2018

A price decline set in early on in 2018 which brought about a steady decrease in the price of XVG. By January of the year, XVG had plunged to $0.19 as further decline was rapidly materializing. By February, XVG had successfully plunged to $0.04. Exchanged volumes were also vacillating at $18 million. The price surged a little bit into the second quarter of the year and prices were around $0.078 per unit. 

2019

In 2019 however, XVG price had fallen back to the $0.007 level. This was where the things were held until the end of the year. Although alternate price increase and decrease was experienced, the overall change in 2019 was majorly insignificant. 

2020

 In January, the price started the year at around $0.0035 and traded sideways. Further, a progressive price increase escorted XVG price towards $0.006 but a steep fall crashed it back to $0.002 by mid-March.

Due to an immediate price reversal, XVG rose quite steadily until June. By the beginning of June, the price was around $0.004 and further a push got the price trading higher at $0.007 per unit by the middle of the month.  Later on the price continued to trade between the $0.004 and $0.007 until the end of November.

Dramatically, the price surged to $0.009 by the end of November as Bitcoin continued to expand its price rally. Further, the price started to plunge and traded at $0.007 during the end of December 2020.

Verge Coin [XVG] Price Prediction 2021

On a bearish note, XVG continued to trade at $0.006 by the start of 2021. It might trade at $0.019 by the end of January. XVG might suffer some price fluctuations for the further days, as the bears are trying to drag the market, XVG might fall to $0.002 by June and expected to continue the same range for several months. By the end of 2021 XVG might trade at $0.05.

XVG Price Prediction 2022

XVG might commence the year 2022 with a trading price of $0.004. The price is expected to fall to $0.0007 by April and may continue the same price trend for a few months. On a bearish note XVG might arrive at $0.0004 at the end of November. By the end of December 2022, XVG might manage to climb $0.06.

Verge Coin [XVG] 5 Years Price Prediction

Within the next 5 years, as adoption grows and cryptocurrencies generally become more popular, XVG price is predicted to have surged more than 5 times of its present value. By the end of 2025, prices may touch as high as $0.15.

XVG Price Market Prediction

Few crypto experts and traders claim that XVG price is in the ‘bullish’ zone, which refers that investors believe in its potential, and their contribution makes the coin rise in price.

XVG, like the rest of the market, is tied behind bitcoin’s price action. If bitcoin enters on another bull run, XVG can hope for one too. As is very unlikely, we can’t expect much to change for XVG price-wise this year.

  • DigitalCoinPrice

According to DigitalCoinPrice, XVG might reach $0.043 by the end of 2022. The price might fall in 2023 and might get devalued to $0.041.

  • Mega Crypto Price

According to Mega Crypto Price, Verge might reach $2.39 by the end of 2023.

  • CoinSwitch

According to CoinSwitch, In 5 years Verge is going to gain its popularity and user base exponentially. By 2025 Verge might reach $0.2069. 

Our Verge [XVG] Price Prediction

With a price of $0.006, XVG started the year 2021. The price continued to rise as the marketers focused to invest in XVG. XVG might come up with certain improvements and might announce certain partnerships for collaborations in the future. By the end of 2021 XVG may hit $0.030 and it might trade at $0.065 in the future.

FAQ

What is Verge?

According to the founder, Verge is a cryptocurrency designed for people and for everyday use.

When was Verge Currency created?

The Verge Currency project was established in 2014 under the title DogeCoinDark. In 2016, it was rebranded to Verge Currency.

Is verge coin a good investment?

Yes, by 2021 end, XVG might reach $0.1, which is a great possibility as by then, XVG is going to grow because of its developments.

How to buy or exchange Verge coin?

Verge can be traded on exchanges like Binance, Bittrex, Bitvavo, HitBTC and many more.

Source: https://coinpedia.org/price-prediction/xvg-verge-price-prediction/

Blockchain

Bitcoin price is going to ‘infinity’ — Kraken CEO

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Bitcoin (BTC) will be worth “infinity” and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken.

Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on Bitcoin as BTC/USD broke above $50,000.

Powell: $1 million Bitcoin in ten years “reasonable”

“Of course, you know, we can only speculate, but when we measure it in terms of dollars, you have to think it’s going to infinity,” he told Bloomberg TV about future price trajectory.

“This national currency’s only fifty years old, it’s already showing extreme signs of weakness, and pretty soon I think people are going to start measuring the price of things in Bitcoin.”

Powell was commenting as the USD weakened alongside a macro market sell-off on Wednesday, an event which had next to no impact on Bitcoin. At the same time, the U.S. national debt quietly passed $28 trillion for the first time in history.

Despite a rejection of $50,000 support, Bitcoin bulls thus remained more than optimistic.

“The people that are believers in Bitcoin see… it’s going to replace all of the world’s currency, so that basically means whatever the market cap of the dollar is, the euro — all of that combined is what Bitcoin could be worth,” Powell continued.

“I think in the near term, people see it surpassing gold as a store of value, so I think $1 million as a price target within the next ten years is pretty reasonable.”

As Cointelegraph noted, Bitcoin closed February 26% above its target dictated by the stock-to-flow-based price models, with creator PlanB still confident that $100,000 will hit at some time this year.

Bitcoin stock-to-flow chart as of Mar. 3, 2021. Source: Digitalik

No time for gold

Meanwhile, the gold ecplise argument has been steadily gaining support on social media in particular, often at the expense of gold bugs, who are left with increasingly little ammunition to defend their anti-Bitcoin stance.

As Cointelegraph reported, it was billionaire and former Bitcoin skeptic Mark Cuban who this week took SchiffGold.com CEO Peter Schiff to task over his love of the precious metal. Gold, he told Schiff, “is dead.”

“Bitcoin has been crushing gold since inception,” Kraken growth lead Dan Held added in response to claims by Schiff that a bet against gold was a losing one.

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Source: https://cointelegraph.com/news/bitcoin-price-is-going-to-infinity-kraken-ceo

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Blockchain

Giottus technologies offers access to Bitfinex liquidity

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Giottus Technologies (Giottus), a cryptocurrency exchange, today announced that it will provide access to liquidity on Bitfinex, providing its customers with some of the deepest crypto-to-crypto liquidity in the industry.

Giottus is also introducing the most competitive fee structure in India for its customers.

“Giottus customers can now enjoy high liquidity across BTC/USDT, ETH/USDT, XRP/USDT, TRX/USDT, ETH/BTC, and many more. Through the strategic agreement with Bitfinex, we have further strengthened our compliance policies and procedures, both on and off-chain,” said Vikram Subburaj, Co-Founder & CEO at Giottus.

The commitment to our customers comes first, which is why we have introduced the most competitive fees in India, 0% Maker & 0.075% Taker. Traditionally, the largest global exchanges charge these low fees only to customers trading USD 3Bn+ monthly. Giottus customers can enjoy these fee levels irrespective of their monthly trade volumes,” added Arjun Vijay, Co-Founder & COO at Giottus.

Benefits of this new strategic agreement include,

  • Some of the deepest crypto to crypto liquidity in the industry
  • The most competitive fees in India – 0% (Maker) & 0.075% (Taker)
  • Enhanced on & off-chain compliance and controls

About Giottus 

Giottus is changing the way Indian users trade their digital assets by building a platform that is customer-centric along with top-tier customer support on par with the world’s best international exchanges. Preferred by beginners and veterans alike, Giottus offers products and solutions that cater to users of all segments.

Key product features include,

  1.  Trading in 100+ crypto pairs
  2.  One-Click INR Deposit and Buy
  3.  24×7 Banking Support
  4.  Multilingual Customer Support (English, Hindi, Tamil & Telugu)
  5.  Superfast KYC processing

In the past month, Giottus has launched the trade of 30+ new INR-crypto pairs along with an improved compliance mechanism and upgraded tech-stack to support its growing Indian consumer base.

Giottus is highly rated and loved in India with a greater than 4.8 on 5 average ratings among reviews on Google, Facebook, and Trustscore.

Contact

Srivathsan A R, Chief Marketing Officer, Giottus @ [email protected]

For more details, visit their website or contact them on Telegram

Disclaimer: This is a paid post and should not be taken as news/advice

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Source: https://ambcrypto.com/giottus-technologies-offers-access-to-bitfinex-liquidity

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Blockchain

Coinbase CEO tops China’s Hurun list of blockchain billionaires

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The CEO of the United States’ largest cryptocurrency exchange, Coinbase, has topped the list of global industry billionaires by China’s Hurun Research Institute.

Issued on March 2, the latest Hurun report provides a brief overview of the world’s richest, stating that the number of global billionaires has surged nearly 50% to hit over 3,000 people over the past five years. The report includes 17 “blockchain billionaires,” or industry entrepreneurs who made their fortune “mainly from cryptocurrency” as of January 2021.

According to the report, Coinbase CEO Brian Armstrong is the world’s biggest crypto billionaire, with his net worth surging ten-fold from $1 billion last year.

According to Hurun’s data, Armstrong now has an estimated wealth of $11.5 billion ahead of Coinbase’s imminent initial public offering. The company officially announced its IPO plans in December 2020 in a draft filing with the United States Securities and Exchange Commission.

Sam Bankman-Fried, founder and CEO of Alameda Research and FTX exchange, is ranked the second-richest blockchain billionaire, with a net worth evaluated at $10 billion. The executive is a new entrant in the Hurun list, following the massive growth of FTX in 2020.

Changpeng Zhao, CEO of the world’s largest crypto exchange Binance, is ranked the third, with total wealth estimated at $8 billion, up more than 200% from last year. In 2020, Zhao was featured as the richest crypto billionaire in the Hurun list, overtaking Bitmain’s co-founder Micree Zhan Ketuan.

The Hurun’s new blockchain billionaires list includes a number of major industry players like Ripple co-founders Chris Larsen, Stellar co-founder Jed McCaleb, Digital Currency Group CEO Barry Silbert, the Winklevoss brothers, MicroStrategy CEO Michael Saylor, and others. The list features a total of 11 new entrants in the list including major industry investor Tim Draper and Galaxy Digital founder and CEO Michael Novogratz.

Source: Hurun

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Source: https://cointelegraph.com/news/coinbase-ceo-tops-china-s-hurun-list-of-blockchain-billionaires

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