The Verge price is currently $ 0.004087 with a 24-hour trading volume of $ 928,783 across 23 exchanges. The XVG price is down -2.63% in the last 24 hours. The Verge price prediction sentiment is currently bearish. Verge reached its highest price on December 23, 2017, when it was trading at its all-time high of $ 0.297250. It has a circulating supply of 16.36B XVG with a total supply of 16.56B XVG. The best exchange for trading Verge is Binance.

The cryptocurrency that is today known as Verge was originally created in 2014 as a fork of Dogecoin under the name Dogecoin Dark. The project was renamed to Verge in 2016.

Verge is a cryptocurrency designed to facilitate private transactions while simultaneously being fast and inexpensive to use. The cryptocurrency is often described with the ticker “XVG”. Verge is an open-source cryptocurrency that’s being developed by volunteers.

Key Verge features:

Created in 2014 as a fork of Dogecoin

Designed for private, fast and cheap transactions

Uses proof-of-work consensus with 5 different algorithms

All Verge wallets are integrated with Tor for the purposes of IP obfuscation. Another privacy-enhancing technology implemented by Verge are stealth addresses, which can further obfuscate the key parameters of a cryptocurrency transactions. As of early 2020, another privacy-enhancing feature, ring-confidential transactions, is under development.

The Verge blockchain achieves consensus through a proof-of-work mechanism. However, unlike most other cryptocurrencies, Verge employs multiple different algorithms: Scrypt, X17, Lyra2rev2, myr-groestl and blake2s.

The Verge team is actively pushing for the adoption of XVG as a currency for everyday payments. One of Verge’s most publicized campaigns was its partnership with adult industry powerhouse MindGeek, which integrated XVG as a payment option on some of its websites.

XVG transactions usually take between 5 and 10 seconds to complete, with a standard transaction fee of 0.1 XVG. The total supply of Verge is capped at 16.5 billion coins.

The main competitors of Verge are the other cryptocurrencies that put a heavy emphasis on privacy – Monero, Zcash and Horizen are prime examples.

Verge reached plenty of notoriety in late 2017, when the XVG price increased from $0.0028 to a peak of $0.25 in less than one month. This price increase helped make XVG a notable name in the cryptocurrency space and brought a number of users to the Verge community.

On CoinCodex, you can find up to date information on the Verge price, market cap and the latest news about the project.