The amount of information in the digital space is rapidly increasing annually. Confidentiality and protection of user data are the most critical tasks in the modern world of IT-technologies. One of the digital projects aimed at enhancing the security of user data is the Verge platform and cryptocurrency (XVG).

The Verge cryptocurrency was created in 2014 with the name of DogeCoinDark by Justin Saneroc. He thought Bitcoin could not be the digital asset made for everyday life. The cryptocurrency became well-known after the partnership with Pornhub in 2018. Premium subscription was available for users to pay with Verge (XVG) coins.

Verge works on Proof of Work protocol. However, there are five more algorithms to mine cryptocurrency. The platform can process 100 transactions per second. Well, it’s quite impressive. So let’s explain some Verge basics, and find out what is the Verge future price. There’s a Verge (XVG) price forecast for 2020-2030 by Changelly!

Verge (XVG) Market Data

Project name Verge Stock Symbol XVG Asset Type Coin Network type Blockchain Consensus Protocol Proof of Work Curr. Price $0.004446 Curr. Supply / Total Supply 15,930,957,089 XVG / 16,555,000,000 XVG ROI since launch More than 9000% Launch date 2014 Official Website https://vergecurrency.com/

Verge XVG Fundamental Value

Unlike many other cryptocurrencies, there was not even an ICO to launch DogeCoinDark. The developers created a branch from the Bitcoin blockchain, invested their money in the project, and mined the first coins themselves.

Verge cryptocurrency developers focus on anonymity and confidentiality. They did not create completely new technology, but took as a basis the existing Bitcoin blockchain and made some improvements to it (first of all, this concerns the algorithm, with Bitcoin, SHA 256).

In the process of working on the Verge project, TOR and i2P were added to the blockchain, which allows anonymizing the transitions of users to the Internet. The Verge network has a system that enables almost instant transactions. You can transfer XVG cryptocurrency much faster than other coins since SPV technology is used, through which developers were able to reduce the transaction time to 5 seconds.

The system uses five types of mining algorithms:

Scrypt

X17

Blake2s

Groestl

Lyra2rev2

It helps to make mining smoother and more convenient. Many miners prefer the Lyra2REv2 algorithm, which allows you to mine coins on video cards (the new NVIDIA, Radeon, and GeForce models are suitable).

Verge Price History

The coin appeared in October 2014, and until April 2017, the cost of Verge was only $0.000006. The market capitalization of cryptocurrency totaled a little more than 20 thousand dollars.

The project developed very slowly. The main team often changed employees, remade the official website several times, searched for investors for a long time, and raised funds to enter the market.

Verge began to show a subtle upward trend only in the fall of 2017. The developers managed to increase the capitalization of the cryptocurrency at the expense of their own funds, investments from interested companies and donations from ordinary users. In addition, the coin appeared on the Bittrex and Binance listings.

Many online resources have begun to implement Verge blockchain technology and even accept XVG to pay for their services. Today there are more than 80 such resources. A complete list of them can be found on the official website of the project.

In November, the cryptocurrency market capitalization exceeded $600 million. And in December, the coin reached its historical maximum – 15 cents per 1 XVG.

Experts note that a sharp jump in prices occurred literally in a day. Soon after the famous programmer and businessman John McAfee wrote a tweet in which he mentioned Verge. He named his TOP 3 most promising cryptocurrencies: ZCash, Monero, and Verge.

I am inundated by people asking me for recommendations on cryptocurrencies. If you would use your heads you would figure out that the privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose. — John McAfee (@officialmcafee) December 13, 2017

Many users were surprised that McAfee placed the little-known and cheap coin on a par with the top altcoins. Retweets even began to appear on the network with assumptions that the entrepreneur, known for his keen interest in cryptocurrencies, made a mistake on the list and put Verge in the wrong place.

The next day, the price of the coin went up sharply. The McAfee’s tweet began to spread on the Internet and quickly made the Verge not only recognizable but also popular cryptocurrency.

In January, the rate corrected and dropped to 10 cents, and in March it fell to 4 cents altogether.

Analysts attribute the fall in prices to the general trend in the market and the presence of serious competitors whose success is blocking development opportunities for Verge. For example, ZCash also focuses on transaction anonymity but has great support among traders. It costs $650, not a couple of cents.

However, in April, Verge again began to show an upward trend. Successful contracts with well-known companies caused an increased interest in cryptocurrency.

For example, UQUID now issues debit cards with XVG support. They accepted the token in the TokenPay payment system. Its management is even considering issuing its cards for XVG.

Today Verge coin price is $0.004446 with a daily turnover of more than $1,5 million.

Verge (XVG) Technical Analysis

Well, there is not actually any technical analysis expertise of Verge (XVG). However, here is the aggregate rating for XVG from several traders & analysts on TradingView.



Verge (XVG) market projections on TradingView; the screenshot was taken on 09/11/19



Verge Community Reputation

The coin history began with the darknet. Thanks to the word Dark in the name, it could be concluded that it is safe to use cryptocurrency on the darknet for anonymous transactions. Since the coin coped with the tasks, offered reliable and fast anonymous transactions, the project began to develop.

2016 changed the course of history for Verge. The decision to rebrand was made since the project ceased to resemble the original product. Now the Verge project is all about anonymity and security.

Reddit users seem to be quite supportive:

All in all, users just advice to hodl the Verge cryptocurrency because it can go to the moon one day:

If we compare the price chart with Google trend chart, we can see price dependence of the popularity factor.

Influencers’ Views on Verge

I have already mentioned John McAfee’s impact on the Verge thing. In 2017 he advised his followers to invest in Verge. However, in June 2019, McAfee wrote a controversial tweet:

I never believed in Verge. I tweeted once, when it was at $0.005 that it might eventually be worth $0.02. That's all. — John McAfee (@officialmcafee) June 26, 2019

Charlie Lee, the creator of Litecoin, is moсking the Verge on his Twitter:

Turns out Verge's super expensive partnership was PornHub. “we think it has gained enough steam for us to penetrate the market.” penetrate. 😂@Pornhub, enough with the foreplay. Time to accept the real cryptocurrencies like BTC, LTC, and XMR. 🚀

https://t.co/9IboL6LnNn — Charlie Lee [LTC⚡] (@SatoshiLite) April 17, 2018

There is not only one tweet with mickey. Lee also laughed at the 51% attack on Verge and criticized a variety of mining algorithms.

Anthony Pompliano, Morgan Creek founder, mentioned Verge and its partnership with Pornhub on his Twitter:

Pornhub, one of the most trafficked websites in the world, has officially partnered with Verge to accept crypto as payment for premium services.



Someone once told me “Follow the engineers and follow the porn industry. They’ll tell you where things are going.” 🚀 — Pomp 🌪 (@APompliano) April 17, 2018

As well as Meltem Demirors:

stop everything you're doing. this video is life. i love this so much – PornHub + Verge = amazing content https://t.co/op9Xqry7WR — Meltem Demirors (@Melt_Dem) April 18, 2018

Squeeze, crypto trader and venture capitalist, joked about Verge price drop:

If Verge continues to drop further, it's gonna be rebranded back to Dogecoindark — Squeeze (@cryptoSqueeze) November 25, 2018

Crypto trader and market commentator The Crypto Dog yet in 2018 claimed Verge to be a shitcoin:

I hate to break it to you buddy, but verge is a shitcoin through and through. That doesn't mean you can't make money off of it, but yes, I'm going to laugh when you say things like "XVG investor." Just look at the chart, it's a pump and dump. pic.twitter.com/B1m772gIzc — The Crypto Dog📈 (@TheCryptoDog) February 7, 2018

What to expect from Verge in 2020-2030

Verge has a lot of cons, which can help its price rise. First of all, it’s a long history of the coin. The developers improve coin since 2014. A combination of algorithms (Tor, I2P, Wrath) gives the system anonymity and security. The developers support the decentralization idea: open source code, independent project. There are some opinions about the Verge’s future price.

The Coinrepublic Price Prediction for 2020

The development of new technologies can help boost the price of the coin. By the end of 2020, XVG can reach $0.0092.

Trading Beasts Price Prediction for 2020, 2025

By the end of 2020, the coin rate may vary from $0.00816 to $0.012. In 2025, coin can reach $0.1.

Walletinvestor Price Prediction for 2020 -2025

In 2020, the coin will be $0.00411. In 5 years XVG price will change to $0.0069.

Digitalcoinprice Prediction for 2020, 2025

In 2020 the XVG may crash to $0.007516. However, in 2025, the coin will rise up to $0.0144. The source claims that XVG is a profitable investment for a long-time period.

Coinpredictor Bearish Price Prediction for 2020

The change is totally negative. The XVG will go down by 78.9%.

Cryptogroung Price Prediction for Future

The XVG cryptocurrency is a profitable investment for a period of 5+ years.

All in all, Bitcoin is a reference point for the crypto market and altcoins price change. If BTC will rise, so will altcoins.

Lates Verge (XVG) News

SuprNova mining pool reported that the Verge cryptocurrency blockchain was attacked by 51% and all correct blocks are rejected. According to their information, the problem affected all pools and all miners, since the attacker currently controls all the blocks.

$XVG @vergecurrency is once again under attack, someone is 51%'ing the chain and invalidating all legit blocks. All pools and miners suffer from this, the attacker is getting all blocks currently. — supr nova pools (@SuprnovaPools) May 22, 2018

Buy XVG at Changelly with USD, EURO or GBP



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Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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