Verge XVG Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Verge is a relatively large cryptocurrency. On 1 October 2020, it had a market capitalization of just above US$ 67 million, meaning it had captured about 0.019 percent of the market for crypto assets.¹^|2 The ticker symbol is XVG.

The user known as Dogedarkdev launched Verge on 15 February 2016 at bitcointalk.org. The tracking of real-time trading data by coinmarketcap.com subsequently launched in November 2014.

http://vergecurrency.com

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Verge had an average trading volume of nearly US$ 2.6 m per day for the first trimester of 2019. Over the same period in the previous year, this figure came to nearly US$ 102 m. The trading volume retraced by 97.5 percent accordingly.

The average market capitalization during the first trimester of 2019 equated to just above US$ 101 m. This figure came to over US$ 1.1 bn during the same period the year before. The corresponding drop down in market capitalization was 90.9 percent.

Trading Price

The all-time high of Verge in 2017

Verge XVG Price analysis generated by coindashboards.com — Price analysis for the most important moments in Verge’s trading history (XVG)

The price of the Verge currency reached a high in December 2017 at just above US$ 0.30. The equivalent market capitalization of the coin reached over US$ 3.1 billion. This put Verge in the ballpark of certain other digital currencies, such as Neo, TRON, Ethereum Classic and Lisk.

Verges all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 246 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 904 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 102 billion.

Verge (XVG): 3.1 bn US dollars
Bitcoin (BTC): 246 bn US dollars
Apple (AAPL): 904 bn US dollars
VW (VWAGY): 102 bn US dollars
Date: 23 December 2017

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Verge stood at US$ 0.006198 with a market capitalization of over US$ 92 million. In comparison with the peak trading price stated above, this represents a drop down to approximately 2.1 percent.

Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.

More Details

The Verge-Coin is a native coin and is created through mining. The maximum supply of coins is nearly 16.6 billion. If you are interested in the source code, be sure to also visit the GitHub page.

This block explorer can be used to track the current block height and other recent statistics around all Verge transactions.

Additional details about Verge, including the white paper and other links to source code, community forums and social media accounts can be found on http://vergecurrency.com.

Markets

Verge XVG Market analysis generated by coindashboards.com — Markets on which Verge (XVG) can be traded

EUR

The trading platforms for buying or selling Verge in EUR are Bitvavo and LiteBit.eu.

USD

A large market for buying or selling Verge in USD is Bitfinex. There are additional platforms where you can buy or sell Verge, including HitBTC, Bittrex and BITEXLIVE, among others.

BTC

Two large markets for buying or selling Verge in BTC are Binance and Bitfinex. There are additional platforms where you can buy or sell Verge, including VCC Exchange, HitBTC and Bittrex, among others.

^{1. Or 0.0453 percent, if omitting Bitcoin.}

^{2. Read about our sources}