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Analysts believe that Verge (XVG) price will surpass predictions for the long-term future. A majority of the investors and analysts focus only on the top cryptocurrencies when they want to determine the best investment opportunities. Nonetheless, they should also look at the Verge despite its recent hacking attempts.
Verge Price Prediction
Verge was added to the bitfinex platform during the 2018 persistent bear market in an attempt to reverse the trend. This addition never made an instant impact since XVG’s operations are interlinked with bitcoin trends. Thus, as bitcoin plummeted, Verge followed closely.
The listing meant that XVG would experience more usage to rival the top cryptocurrencies. The elevated rate of transactions will increase the coin’s acceptance globally. Although the bear market dominated 2018, Verge seemed to fair on better than several major cryptocurrencies.
The coin does not have any drastic fluctuations and has great potential to grow in 2019. It is set to rebase into BTC core version 0.13 to transmit some of the bitcoin core features. Over 20% development of their IOS wallet is complete. Also, Verge Foundation has unveiled website translation that may increase user adoption ratio worldwide hence enabling the XVG price to appreciate substantially.
The increasing partnerships and developments done by the Verge team indicate a positive sentiment among traders and investors.
Analysts and investors believe that this year will be better for the crypto markets than 2018 and Verge may rise close to its all-time highs before the end of the year.
According to Kriss Chase, head of marketing and operations at the Verge, they have launched a patch that has been sent to Github. The Verge coin suffered the same fate as other cryptocurrencies throughout 2018. But the bear markets have not affected developments and acquisition of new partners.
Although the price declines have somewhat affected the rates of developments, the marketing and operations team is looking for ways to fast-track the mass adoption of XVG. Recently, NetCents confirmed that they have entered into a symbiotic relationship with the Verge. These partnerships that the company is making, if successful, will propel XVG to unimaginable heights in the future.
Moreover, you can now pay any Australian bill: electricity bills, car registration, mobile phone, credit card, or even a bank account with Verge.
Why Verge is a Viable Investment
Verge’s officials reported that the coin will appear in the final event of the European NASCAR series on the 20th of October. The endorsement of the coin at that event shows that more people are gaining confidence with it as a viable investment channel.
— Crypto_Vibes (@Crypto_Vibes) October 19, 2018
The fact that the Verge team discovered previous hacking attempts in time and stopped them shows that they are dependable. They pinpoint any unprecedented occurrences and solve them as quickly as possible.
Instead of offloading your Verge Holdings, now is the time to buy it on the dip. If you can buy at the low levels, you are assured of high returns once it recovers. Most investors go for the more volatile cryptocurrencies as they rise and ride with the wave. Instead of making that investment mistake, you can buy Verge now and sell it later when it appreciates.
Spend XVG Anywhere
Furthermore, you can spend Verge anywhere, as Bitcoin Superstore recently added Verge (XVG) as a payment method which is a huge boost of asset’s adoption as now users can pay with XVG in over 200 000 stores including Amazon or Starbucks.
We are excited to announce our acceptance of Verge!
— Bitcoin Superstore (@BitcoinSuperst1) December 1, 2018
What 2019 Holds for Verge
Considering all the work XVG team has done in 2018, it is kind of a fact that Verge will be heading to even more positive results in 2019 as all mentioned achievement happened during the brutal bear market since January 2018.
The increasing partnerships and developments done by the Verge team indicate a positive sentiment among traders and investors. These partnerships that the company is making, if successful, will propel XVG to unimaginable heights in the future.
The current issues affecting the crypto market are getting resolved making it immune to these vulnerabilities in the future. The solutions and developments will enhance market traction in future letting investors gain confidence in the cryptocurrency markets.
The current Verge Price is hovering around $0.006818992 representing at least 90% from its December 2017 highs. Its current circulating supply is XVG 15,172,086,051 with a total market cap of $103,458,334.