Verge Price

Read everything about the Verge Price.

Follow the Verge price in euro

The chart above will enable you to see the Verge price over the past 24 hours. The current value of Verge is shown in the above top left corner. The chart is fully interactive and you can see the price until the very first listing of Verge (since the rebrand of Dogecoin Dark in 2016). Click on the different time frames to alter the chart. The widget also allows you to buy Verge and calculate the trading fees.

Verge is a private cryptocurrency and transactions cannot be traced. More and more people are aware about their privacy and that’s why the Verge coin can be successful in the future. Verge as well as other cryptocurrencies are traded all day and night long, unlike traditional stocks.

XVG price in euros and dollars

The following explanation will help you to know the Verge price in euros and dollars over the past month and week. The table below will give you more information about the current performance of XVG. You can see the highest/lowest price, the current market cap and the trading volume on exchanges.

You can switch between euro and dollar by clicking on EUR and USD.

Please note that prices in the chart above can vary a little bit compared to the prices mentioned above. This is because more than one supplier provides the data.

The history of Verge’s price

Just like the founder of Bitcoin, Verge also shares an anonymous founder whose identity is still veiled and goes by his user name Sunerok. The Verge currency started its journey in 2014 and was called Dogecoin Dark at that time.

Most price charts only show the data starting from 2016, since Verge was rebranded in February 2016 from Dogecoin Dark. The Dogecoin Dark value at the time of listing was only $0.000005.

During the rebrand the Verge price rose to $0.00017, but declined very fast after that to $0.00002. It didn’t grow higher than $0.00001 over the next two years, but the tables were all turned in 2017 when the Verge price touched the highest point of $0.29.

It means if you had bought Verge in 2014 and held it till 2017, you would have made a profit of about five million percent.

In January 2018, the project released the Wraith Protocol upgrade. The wraith protocol is the technology that enables users to switch between public and private ledgers on the Verge blockchain. This means that when transparency is required, a public ledger can be used. And for the situation where anonymity is required then a private ledger can be used.

In November 2017, 125 million XVG were lost by a wallet app service (CoinPouch), that was recommended by the Verge core team. While CoinPouch blamed Valo (verge’s lead developer), and Valo blamed this incident to coinPouch.

In April 2018, Verge announces a partnership with Pornhub, Pornhub is at the top of the most visited site of the world. And customers can pay for all the on-demand products and services using the Verge currency. Pornhub explained later that a crypto payment method was the most requested feature by their visitors.

In April 2018, Verge became the victim of a 51% attack. If a miner capture 51% or more of the network’s mining power, they can double spent it. Because the Verge blockchain switches between five different mining algorithms between each block, the attackers found a way to falsify the timestamps of the blocks and mined them with only one algorithm. The Verge team implemented a hard fork immediately after the attack.

Verge historical prices

The table below shows the historic Verge prices over the past week.

How is the Verge price established?

You can compare it to the stock market: it mostly depends on supply and demand. Traders receive orders, and if there are more sellers than buyers, the price will increase. On the contrary, if there are more sellers, the price of the Verge goes down. That’s how the price of the Verge is established at any time of the day. As more people are investing lately in crypto, even social media is playing a role.

Therefore Verge’s price is determined by the supply and demand, but can also be strongly influenced by other things. For example, the Verge value can be influenced by positive or negative news.

Cryptocurrency hacks and scams also mark its currency with its negativity, hence the prices can fall. Just as we saw after the 51% attack on the network.

Verge price prediction

We are not fortune tellers, but it is clear that the publication of a huge amount of articles about crypto is vast and rapidly growing. Which cryptocurrency will survive and will last longer than 5 years, is even harder to predict.

A lot depends on the news of the day. If a politician speaks very enthusiastically about crypto, saying it can be the currency of the future, then there is a higher chance that it becomes more mainstream.

As nobody can predict the future, the Verge price is just a prediction too. But one thing is certain Verge’s price will remain highly volatile for the time being. That means it can increase or decrease rapidly, and that just makes it more interesting for its buyers and sellers to invest in it.

Moreover, in the background, more people are working to make the Verge more private, faster, more secure, and accessible.

What do you need to take into account with the Verge price?

When you invest in Verge you have to know that the crypto market is very volatile and that the investment is not very defensive. It is a highly risky investment, because of the volatility.

It is very important that you never invest more money then you are willing to lose.

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