Verge Price Down 22.7% This Week (XVG)

Verge (XVG) traded 6.3% lower against the dollar during the 1-day period ending at 9:00 AM ET on January 25th. Verge has a market capitalization of $161.56 million and $8.17 million worth of Verge was traded on exchanges in the last day. One Verge coin can now be purchased for about $0.0098 or 0.00000009 BTC on major cryptocurrency exchanges. In the last seven days, Verge has traded 22.7% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $104,658.80 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.1% lower against the dollar and now trades at $0.35 or 0.00000335 BTC.
• Litecoin (LTC) traded up 6.1% against the dollar and now trades at $126.15 or 0.00120483 BTC.
• UNUS SED LEO (LEO) traded 1% higher against the dollar and now trades at $9.81 or 0.00009371 BTC.
• Bitcoin Cash (BCH) traded up 0.1% against the dollar and now trades at $440.18 or 0.00420395 BTC.
• Ethereum Classic (ETC) traded 4.5% lower against the dollar and now trades at $26.95 or 0.00025742 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $218.59 or 0.00208763 BTC.
• IOTA (MIOTA) traded 4.2% lower against the dollar and now trades at $0.32 or 0.00000308 BTC.
• Bitcoin SV (BSV) traded up 0.4% against the dollar and now trades at $52.38 or 0.00050027 BTC.
• Arweave (AR) traded 3.3% lower against the dollar and now trades at $14.58 or 0.00013920 BTC.

Verge Coin Profile

Verge is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was September 26th, 2017. Verge’s total supply is 16,521,951,236 coins. Verge’s official Twitter account is @vergecurrency and its Facebook page is accessible here. The official website for Verge is vergecurrency.com. The Reddit community for Verge is https://reddit.com/r/vergecurrency and the currency’s Github account can be viewed here.

According to CryptoCompare, “Verge (XVG) is a decentralized digital currency that prioritizes privacy and confidentiality through technologies like Tor and I2P. The Verge platform is a blockchain-based decentralized system that supports the XVG cryptocurrency and emphasizes user privacy. Verge is primarily used for peer-to-peer transactions where privacy is paramount, facilitating quick transactions with minimal fees. It was founded in 2014 by Justin Valo, also known as “Justin Vendetta” or “Sunerok”, a developer with over 20 years of experience in network security and nearly a decade in blockchain technology. The coin was originally named DogeCoinDark but was rebranded to Verge Currency in 2016.”

Buying and Selling Verge

It is usually not possible to buy alternative cryptocurrencies such as Verge directly using U.S. dollars. Investors seeking to acquire Verge should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Verge using one of the aforementioned exchanges.

XVG/USD price chart by TradingView