Verge (XVG) Price Prediction 2022-2030 - Invest or Not?

The coin did not have a bright start, but after the time expired, the token began to gain momentum, and users began to be interested in this project with its amenities and innovations. This is a fairly strengthened currency, which has its pros and cons, and which has already strengthened sufficiently in the market and has stable growth in the crypto market.

Verge is highly respected by market users, who in 2014, when the coin was just starting to gain momentum, were afraid of a new project and did not have a very positive attitude towards its purchase and further storage. And now the picture is completely different, as I wrote in the article.

Before proceeding to a reasoned analysis and prediction of the Verge price from 2022 to 2030, I will list the features of the project, is it worth buying/selling a token in the near future and for how long? What major projects are related to cryptocurrency, from which the price may change soon, etc.

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What is XVG?

The Verge coin is built using the BitCoin network, but with an emphasis on greater privacy, which uses anonymity networks such as TOR and i2P to make sure that users' IP addresses are hidden and transactions are untraceable.

Verge from 2014 to 2016 was originally called DogeCoinDark, which makes it one of the old coins that became famous for their anonymity. When the project was launched, it had no specific goals, but to be just a rofl project.

XVG uses the POW (Proof-of-Work) protection algorithm for the best network security, but the token also has several other algorithms available, such as Scrypt, X17, Lyra2rev2, myr-groestl, blake2s, which are needed in order to reach as many audiences as possible to its project and so that everyone has equal access to receiving coins.

An interesting point of the crypt is that the word Dark (in the old name) symbolized the complete anonymity of transactions and safe use in the darknet. Because the coin coped with the tasks set, offered reliable and fast anonymous transactions, the project began to develop. The decision to rebrand was made due to the fact that the project no longer resembles the original product.

During the active period of the coin from 2018 to 2021, the project team began to cooperate with PornHub, which provides content for adults 18+. As a result, the site has the opportunity to purchase a premium for your account for the XVG token

Features of the token

• The project takes care of your anonymity and the developers have implemented complete anonymity and maximum attention to user privacy.
• The development team is actively involved in the life of the project, it is ready for almost any cooperation. Anyone can write to the company and offer their ideas, improvements, etc.
• Developers are always ready for emergency situations and mass implementation in wallets for operating systems.
• The prevailing transaction rate, which is higher than almost 80% of the entire crypto market.
• The project is decentralized and has an open source. XVG is a decentralized cryptocurrency that is built on an open source platform. This is an independent project and is not under the control of the authorities and large investors

Price Analysis for the Past Several Years

• In the period from 2014 to 2017, the token cost $0.000006 with a market capitalization at that time of a little more than $20,000. Such small amounts are due to the unhurried development of the project, the constant replacement of programmers, problems with the official website, the search for new investments and fundraising to enter the market.

The value of Verge began to increase only by the end of 2017. The team invested its own funds in the capitalization of the project, and also found several large investors. In addition, ordinary users donated their money by transferring funds through the Donate section on the site. The major exchanges Binance and Bittrex became interested in the project.

At the beginning of 2018, the market capitalization began to exceed $ 600 million, and the value of the coin itself became equal to $ 0.20. The creators of the project owe such a sharp rise in price and popularity to businessman John McAfee, who published a post on Twitter about the three most promising cryptocurrencies, among which was XVG.

But the main reason for the success was the use of this coin. To date, more than 80 payment systems have implemented the Verge network for payment. The full list of resources supported by the token can be seen on the official website in the Vendors tab

After a sharp rise in the price of the coin to $ 0.020, it dropped by 10 cents after a while, and after 2 months, when the popularity around the coin declined quite a lot, the price also fell to $ 0.04. According to American analysts, this could happen due to serious competition in the market, which "strangles" the project and does not allow it to fully develop, they also comment on the decline in popularity.

Not very long ago, developers signed several contracts with large companies like UQUID, which were able to launch the issue of debit cards with Verge support. New users who started investing and buying the crypt, which began to positively affect its value, reached out to the coin, which was rapidly gaining speed of development, which had “its own” debit card. All this contributed to an increase in the price to $0.80 with a market capitalization of $ 1.25 billion, which allowed the coin to break through the rating and ascend to the 20th place according to CoinMarketCap. Thus, the project managed to overtake its main competitor ZCash, whose market capitalization was $ 650 million.

Verge (XVG) Price Prediction 2022 - 2030

Following from the analysis, the current value as of 08.12.2021 is $0.02. The total number of coins is 16,488,405,988 with a market capitalization of $321 million

If we consider the graph for a 24-hour period, cryptography decreased by 2.33%. If we consider the current capitalization of the coin from yesterday, it has also decreased.

XVG currently has several problems when working with other cryptocurrencies, because not all coins on the market have the same anonymization system as Verge, therefore developers will not cooperate with them because this may create some risk for their users.

The prospect of the coin has decreased by 17.26% over the past week. But the coin still does not give up its position and can show us risky segments over the past few days, the coin may have strong fundamentals, but we think that the coin quite has a good profitable asset in the short term. Because an innovation in the project is planned soon, but only the developers themselves know that it will be. But in any case, it can attract a new audience with new large investors who will help the price rise.

During the last month, the Verge price decreased by 24%, which excluded the average price of 0.006% of its current value. This sharp decline may mean that the coin is in decline right now, which means you can play on it and buy cryptocurrency now, and sell it when the price rises again.

The Verge price forecast for the end of 2021.

After technical analysis of the coin, the minimum price by the end of 2021 may reach a level of $0.019, and a maximum of $0.022 with an average trading value of $0.021

Price forecast for 2022.

According to forecasts, judging from 2021, the price of XVG can reach a maximum level of $0.022, and a minimum of $0.019 with an average price of $0.021. The forecast from 2021 is practically the same.

Price forecast for 2023.

According to the forecast price in 2023, Verge may reach its minimum value of $0.044, and its maximum value of $0.051 with an average trading price of $0.045.

According to the table below, it can be concluded that by 2030, the coin from its current price position can grow 30 times to $ 0.67. But there is one point for those who plan to buy a coin in the short term: the value of the cryptocurrency will grow slowly, because at the moment the project does not have proper funding, but everything may change with the introduction of a new feature that the development team is currently working on.

Conclusion

A brief summary of the article can be summed up as follows, Verge did not have a bright start, a screaming ICO or a major launch that everyone was waiting for, the crypt started unexpectedly and this just interested everyone. 

The price of coins is still very low, so it's worth adding some of them to your portfolio and forgetting for a while, but if you think that market users will focus more on coins with a lot of privacy in the future, then it's better to buy more and play on a big price jump.