Verge (XVG) Price Predictions: Verge is Expected to Grow Manifolds with Latest Technological Breakthroughs
Maintaining complete privacy in every transaction has always been a prime focus area for crypto markets, and Verge (XVG) gives you just that. Incepted in 2014 as DogeCoinDark, the coin was rebranded to Verge in 2016 and start getting noticed thereafter. It uses protocols namely TOR (The Onion Network) and network layer I2P to achieve full anonymity and non-traceability in every transaction. The open-source software is faster and reliable than its counterparts and also allows easy integrations with mobile applications for large or small scale payment processing.
Current Statistics:
The coin has maintained a consistently upward movement from the beginning of the month. As on April 18, 2019, at 08:59:01 UTC, Verge (XVG) is trading at USD 0.008659 and 0.00000164 BTC. Ranked 51st in the Top 100 list by CoinMarketCap with a market cap of USD 137,620,780, the crypto can soon secure its position in the top 50. Currently, 15,893,131,612 XVG are circulating, the ROI stands at > 9000% and 24 h volume is recorded at $2,750,867 USD. In the past seven days, the price of the coin peaked to USD 0.009277 while in the last 24 h, the highest price was recorded at USD 0.008753 and the lowest at USD 0.008457.
Comparison:
As on March 20, 2019, at 05:34:01 UTC, the market cap of Verge was recorded at USD 109,527,078, and the token was priced at USD 0.006936. This indicates that the price has gone up by over 24% steadily showing an upward trend and market capital also continues to grow. Although 2018 was a bumpy ride for the coin, 2019 roadmap looks promising. The coin is taking bigger & progressive leaps now.
Prediction:
The recent addition of 150 merchants is definitely good news reassuring trust at the security level. Verge also has the upper hand over its competitors by providing over 100 transactions per second. From a technological standpoint, the team has made some noteworthy breakthroughs and working on more. Introduction of Wrath Protocol allows users to complete their transactions in a much more secure and private manner through stealth addressing services.
Moreover, work on the Rootstock protocol, which will allow blockchain to create smart contracts technology, is in the pipeline. Partnerships with players like TokenPay allowing users to spend Verge coins on a pre-paid debit card from anywhere in the world enables real-time usage and increase the popularity of the crypto. Last year in September, Verge (XVG) was introduced on major exchanges including Bitnovo, The Crypto Planet & NetCents for trading. All these features may increase the price & demand of the coin manifolds. The overall sentiment is positive among the cryptoanalysts. By the year-end, XVG might hit USD 0.15 mark, and in the next 2-year, it can reach as much as USD 0.80 depending on the successful implementation of the features.
