Price Analysis

Verge Price Analysis: Verge (XVG) Touch down to $0.04 possible or not?

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Verge is showing some pretty good possibilities for the new traders on board. XVG is not officially listed with Chain Creator Exchange which will bring more circulating supplies of Verge in the network. Verge is known to follow the secure vision in the cryptocurrency, which is designed in a manner to be realized by the community on an everyday basis.

However, many followers thought that the community might not respond or update for a while after announcing codebase. The Verge Meetup was helped on May 25th, but soon enough; the community attracted the followers and traders again. Verge tends to surprise you at many levels.

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Let’s see if the price statistics have something to surprise the followers or not.

Verge Price Statistics on 3rd June 2019:

Verge price chart - June 03

  • At 9:10 UTC on 3rd June 2019, the value of XVG is traded at $ 0.00989.
  • The return of investment is evaluated at 9000% with market ranking at number 54.
  • The market cap value is 159,467,469 USD along with 24 hour volume at 4,263,639 USD.
  • The total supply and circulating supply is similar for XVG at 16,203,955,890 total numbers.

Verge Coin Comparison:

Verge price chart - June 03

Is it true that Verge is losing its charm this year? Well, it might have been! At this time, last year, the value of XVG was trading at $0.0425. The market has dropped to -76%, which is becoming a serious concern for the followers already.

Verge Price chart - June 03

But the short-term investment might be an option to consider in such volatility. The value as of now is growing above the baseline (considering 1-month chart) which seems to be growing in the right direction. The highest value was realized on 16th May at $0.01198.

XVG Price Predictions and Conclusion:

Traders following the trend of Verge from a long time were still stuck with the same question, “Will Verge hit $0.04 by the end of the year?” Well, considering the trends right now, it might hit up to $0.03 by the end of the year. Rumor has it that 2020 is going to be unpredictable the next year is inviting some instability in the market as well.

How will Verge perform then will mark a significant statement about XVG! Till then, small bids are a better choice to play safe!

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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