Many cryptocurrency enthusiasts and adorers tend to misunderstand Verge (XVG) due to its unique secure, anonymous and privacy features it comes with. The platform borrows a lot from Bitcoin but focuses more on privacy. The Verge community has a lot of passion around the platform making it a coin to watch now and in the future.
Verge (XVG) and media campaigns
It’s no wonder Verge (XVG) went up by 800% in a very short period. The growth was however, attributed to John McAfee tweet that cleared the rumors around the coin. The community has taken the initiative to popularize the coin through twitter polls and getting it listed in various sites. This vote is not just about Verge but its future.
The last quarter of 2017 has been a real win for Verge coin thanks to media campaigns. Many investors are now opting to stake everything on the platform. If you are looking for the right platform for your everyday life transactions, Verge fits the bill. It offers flexibility to both individuals and businesses and has tools that facilitate both large and small scale transactions between merchants in a private environment.
Why Choose Verge over other Altcoins?
This is an everyday use cryptocurrency. It offers solutions where the Bitcoin blockchain has failed. It adds efficiency and speed whilst changing how decentralized blockchain based platforms work. However, you do not have to worry about your personal privacy since it is automatically taken care of.
Verge Currency is a virtual coin designed for everyday use. It improves upon the original Bitcoin blockchain. To this end, it provides users with direct, fast and efficient transactions. The system puts your personal privacy first
Verge is supported by multiple networks that focus on high anonymity levels such as Tor and 12P. Your IP address is hidden and your transactions cannot be traced. Unlike other coins, Verge is privately owned and funded through pre-mined coins through Initial Coin Offering (ICO’s). The community handles some aspects of the coin development and marketing.
With Verge (XVG), you have a wide range of wallets that are compatible with multiple operating systems. The Tor Android Wallet gives mobile users anonymity ideal for a truly privacy oriented coin. A platform that offers participants total privacy is worth investing in 2018 and beyond.
The Future of Verge Currency
At the time of writing, the price of Verge (XVG) stood at $0.082324, an increase of 36.23% within the last 24hours. Given that the coin stood at $0.23 in December, there has been a lot of growth in two months. The growth has been slowed by a lot of misinformation through Twitter which later drew attention to the coin giving it a strong position in 2018.
Cryptocurrency investors are looking for coins that are focused on privacy. Verge takes the lead in that direction and uses protocols similar to that of Wraith. The ecosystem focuses on long term benefits to the user. Unlike Ethereum and Bitcoin, Verge has a future vision.
Most analysts get it all wrong when they look at Verge (XVG) in terms of price; however, it should be analyzed in terms of its technological advancement. When you look at any news relating to the coins, they all point at the long term potential of the coin.
The Verge protocol future is based on invisibility of transactions. This is achieved through combining both the private and public ledgers to provide the best user friendly front. This is part of the Verge wallet 4.0. With these features, you are assured of super fast and invisible transactions ideal for modern day businesses.
How valuable is Verge (XVG) Compared to Bitcoin?
Verge could be low in terms of value when compared with Bitcoin; it is just a tiny fraction to BTC but the technology it rides on is what makes it a threat to older cryptocurrencies. Verge seeks to fill a gap that Bitcoin has not been able to close. Verge is capped at 12 million XVG and this rivals Bitcoin market capitalization of 21 million.
However, there are less Bitcoins in circulation and this might explain the differences in demand. Verge allows for convenience in terms of transactions since it is a platform designed for everyday use. The growth of Verge (XVG) is largely based on its security, privacy and anonymous features that Bitcoin does not emphasize.