Verge is based on the original bitcoin blockchain, and it is aimed to fulfill the initial purpose of BTC. With this digital currency, one can do direct transactions. Verge is not a private company funded by pre-mined ICO’s. It uses various anonymity-centric networks for making transactions completely untraceable. It incurs low fees and quick transactions. Its circulating supply is also huge so, it is absolutely perfect for mass adoption.
Current status of XVG:
Market cap: 119,485,027 USD
Trading value: 0.007505 USD
Market rank: 53
Circulating supply: 15,919,844,439 XVG
Price analysis of XVG:
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The above chart shows the followings-
- Present trading value: 0.007514 USD/0.00000139 BTC (UTC time 04:32)
- Present market cap: 119,614,660 USD
- Present 24h volume: 1,206,470 USD
The same chart also displays that towards the beginning of April 2019, XVG had a trading value of 0.008713 USD. Therefore, within this approx. 1 month, the value of XVG has been decreased by -13.86%.
Future price predictions of Verge (XVG):
Verge’s new partnership is aimed to strengthen its privacy policy. It has currently partnered with Trust.Zone VPN. According to the analysts, this partnership is definitely a great leapfrog for XVG. This new cryptographic project is all set to add more security and privacy layer to the XVG’s blockchain. The co-founder of Trust.Zone has already confirmed that this collaboration will definitely benefit each of them and will go a very long way; most importantly, the internet users can now have the privacy they want. The fact behind increasing this anonymity issue is that Trust.Zone is logless, and it has Seychelles jurisdiction which does not retain any data. Besides this, it also supports Warrant Canary along with a stringent zero-log policy.
Besides, this partnership, XVG has been in the news for a while regarding its collaboration with the leading adult website- PornHub. Another great news associated with this is TrafficJunky has also announced recently that it will start accepting XVG as a payment option. This is because Pornhub is affiliated to TrafficJunky Network.
All these partnerships are not only going to increase the users of XVG to a great extent but, it is also developing XVG technically so that its users can have more safety while using its blockchain. Therefore, XVG has a bright future indeed, and it is possible to hike up far more once the market condition improves. We assume XVG to trade around 0.10 USD by the end of 2019.
Conclusion:
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XVG is a worthy cryptocurrency both from its technical perspectives and its increasing number of users. Moreover, its partnership strategies are really efficient in incurring benefits to its network. Considering long term investment in XVG can be a great idea for the investors.
