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Verge’s XVG: Three things you should know

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Verge XVG
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The digital world doesn’t have a lot of more prominent celebrities than John McAfee. He’s been an advocate for crypto-currencies, especially for the ones that feature privacy and anonymity, as Verge does.

Verge’s roadmap is very clear. It privileges what users want, and it aims to get a token value of $15 before the year ends. They might just get there because users are happy and they’re getting a good experience with Verge.

Consistency

Verge came to my attention when it was ranked at 60. Now it’s at number 27, which means it’s been going up steadily. If you’ve been paying attention (as I have), you’ll find that this is an excellent alt-coin to buy right now. It’s more modern; it fixes holes that older (more classic) currencies have left open.

The first priority for Verge is privacy and anonymity (without involvement in the porn world, as EOS has done). This coin gives you the freedom to be public or not, according to your wishes. It protects you always.

Anonymity has been a core value since the first blockchain currency came into being, but Verge has turned it into high art, they do it differently, they do it better, they take it further. In Verge, you can see every transaction ever made without knowing who did it.

Verge: the raw truth

Any corporation or foundation do not support Verge’s XVG crypto coin. It’s an open source project supported by a community of competent enthusiasts. Do not disparage this, just thing that projects as successful and effective as the BSD and Linux operating systems work under those same principles. Enthusiasts put in the work and the funding. It works.

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Verge’s transaction speed is very high because it uses TOR on top of the Android wallet. Granted, getting better transaction speeds than Bitcoin is not that hard, but they do it very well, and they do it over Android, which gives Verge access to most of the world’s smartphone users. If you are on Android, you can do XVG transfers in real time while you keep your privacy and anonymity. It’s easy; it’s quick, it’s safe.

The McAfee Tweet

When McAfee tweeted to support Verge, the coin went up 800% in no time at all. McAfee was criticized for this, but it also shows that Verge is ready to take on the cryptocurrency market, all its fluctuations included.

Verge’s market cap is around $899 million. It traded under $0.05 for some time, but then it jumped to $0.07, which is its current value. The token value is quite low for the time being which will make it easier for investors to buy it in bulk, and wait for prices to rise as the platform keeps developing.

Among Verge’s plans is to implement smart contract technology for the XVG currency. That will allow for developing DApps and to use the platform to monetize the contracts. It will get the investors’ attention, mainly corporate and institutional investors. As they become interested in this coin demand and value will rise.

While this development is a safe bet, it won’t happen very soon. The Verge community is planning to finish implementing these features in 2018’s last quarter.

What you need to know right now is that very few crypto coins have so much going on behind the scenes as Verge does. The digital asset has a team of committed and competent enthusiasts behind it. They will increase awareness and keep new features coming around. This is one of the coins that will perform best this year, and this is the time to get a piece of the action. Once Verge takes off, nothing will stop it.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Katopia via Flickr

Altcoins

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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ZCash
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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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