This Wednesday, I'll highlight the Verge cryptocurrency, which was negotiated since the end of 2014, making its big leap a few days ago.
Verge is a decentralized currency designed for users who value privacy. Improve the original Bitcoin blockchain using multiple anonymity-centric networks such as Tor and i2p. It uses multi-algorithm mining support to improve security and provide an equal distribution of coins to miners, they sentence on their website.
In addition, Verge is a decentralized currency based on an open source platform. There is no central control over the currency.
Verge is currently trading at around US $ 0.17, after trading yesterday at US $ 0.23. On December 23, it recorded its historical maximum at 0.29 USD.
I value Verge as an interesting digital asset to invest in the short and medium term (no more than 3 months). The objectives to be found are US $ 0.25 and US $ 0.32 respectively.
The chart below shows clearly how Verge went from trading less than 1 cent a month ago, to US $ 0.17 now.
Verge is ranked 21st in the cryptocurrency ranking, with a market capitalization of more than US $ 2,400 million.
The Verge cryptocurrency can be traded in the main Exchanges under the acronym XVG. The most recommended for their liquidity are Bittrex and Binance .
As someone new to blockchain assets, what kind of analysis do you use when investing in a coin like XVG? Thanks!
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