Price Analysis

Price Analysis of Verge (XVG): Upgrade Lumos V5.0 Shows Promising Results

Verge introduced Verge Lumos V5.0 with upgraded wallets. The mining pool and exchanges are also expected to take up the upgraded version and improve their services. The new features and further advancements are anticipated to show promising results on long term investments. It will pave the path for new as well as old investors and make blockchain as prime DApps of crypto space.

As compared to Bitcoins latest release, Verge Lumos V5.0 is offering the highest security standard. With Verge, the exchange and mining pool is expected to touch a new high.

After the announcement of Verge Lumos V5.0, the coin has seen a steep upwards movement. If you are looking for long term outlay, then Verge (XVG) is a sure short investment.

Current Statistics of Verge Coins:  

Verge

Summary of the Stats:

  • Verge (XVG) ranks 47 on the chart.
  • The price of Verge coin was 0.010777 USD.
  • The current circulation of Verge is 16,029,368,325 XVG.
  • The market cap of Verge figures 172,752,160 USD.
  • In the last 52 weeks, the coin was at a high of 0.044599 USD and low at 0.005109 USD.
  • In the past 30 days, the highest price is recorded as 0.012297 USD and lowest as 0.006240 USD.

Comparison:

The Verge coin is showing a bullish trend lately. At the beginning of this year, Verge (XVG) opened with 0.0068 USD. However, the coin is currently dealing at 0.0108 USD, which reflects a jump by almost 15%.

As compares to last months’ price on 27th April 2019 which was 0.007585USD, and price on 23rd May 2019, 02:38:06 UTC, which was 0.010890 USD, there is an upward trend in the coin by 43%.

The Verge coins are known for the volatility. The chart clearly reflects that in the past 10 days, Verge (XVG) has touched the highest score two times.

Price Prediction of Verge:

Looking at the YTD charts, Verge can go till 0.015 USD by the end of the year. In the next two years, the coin could reach the anticipated price of 0.74 USD. In the next five years, the coin is likely to jump over 4% – 5% as compared to today’s price.

Conclusion:

Verge Lumos V5.0 update has attracted many investors due to its new advancements. The update will ensure the security of the privacy-based platform and increase the credibility of its function.

Hence, the long term investment on Verge can result in huge dividends. People who are looking for an investment of 2-3 period, then XVG is the perfect pick.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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