Verge XVG

Verge coin started its cryptocurrency journey in 2014, going by the name of DogecoinDark. The reason it was created was to create a truly private cryptocurrency. The founder of Verge felt that Bitcoin wasn’t anonymous, so he decided to build a new blockchain where transactions could not be traced. Verge uses multiple anonymity-centric networks such as TOR and I2P. The IP addresses of the users are fully obfuscated. The Core QT wallet has built-in TOR integration as well as SSL encryption which adds an extra level of security.

Verge is an open source project with an active team of developers from all over the world. The development team is always in close contact with the community. Verge is not a private company funded through an ICO or premining. Wraith Protocol is a technology upgrade package that enables our users to be able to send and receive payments privately across our blockchain by enabling stealth addressing services. Additionally this update removes our QT wallet users off of clearnet and migrates everyone to SSL enabled Tor.

Verge focuses on security and maintaining user anonymity just like Monero; so that is its latent upside. Many investors are also applauding its unique technology. Having been improved and integrated with the Wraith Protocol technology, verge users are now able to effortlessly switch between private and public ledgers on the Verge blockchain.

Verge price analysis

At the time of writing, Verge (XVG) trades at $0.003325, with a 24-hour trading volume of $2.56M and a total market capitalization of $54.94M. The asset is currently ranked #464 among all tracked cryptocurrencies by market cap.

Over the last 24 hours, the XVG price has dropped +3.66%. On the seven-day chart, Verge has retraced +1.92%, under sustained selling pressure in both timeframes. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.

Verge's all-time high of $0.261874 was set on December 24, 2017. The current market price is +98.73% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.

How to buy Verge

Buying Verge (XVG) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.

1. Choose a reputable exchange. Pick a platform that lists XVG with deep liquidity, transparent fees, and strong security practices. Our compares the leading venues side-by-side.