Where are we really?

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EasyE2262

New member
Apr 17, 2018
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#1
I love verge. I was holding it before all the hoopla. That being said, where do we stand as far as "progress"? Moreno is our main competition and they are at $190 (give or take a few dollars) per coin. I thought Verge would match or surpass Moreno before this announcement. Anyone else think like this or am I totally off base? I read an Article that said Pornhub members asked SPECIFICALLY for Verge. (Demand). I don't know why it can't be a $300.00 coin. That is my humble opinion.

Thoughts?
 

Lambert

New member
Dec 24, 2017
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#2
One of the reasons for Monero's price per coin is circulating supply (15.9 million coins, in comparison to Verge coin supply of 14.8 billion). If you take Monero's value (Their current Market Cap) and divide it by the circulating supply of Verge coin, you will find that Verge would have a coin price of right around $.21 (well, .209363). That being said, the more a coin is adopted, the higher it's potential market cap can rise. To match Bitcoin's current market cap would put Verge around $9.07 (9.065012). I really don't see a 3 figure coin worth for verge until a lot more happens. More adoption, higher perceived value, etc.

I would expect Verge to eventually pass Monero, as they do not have a circulating supply cap (compared to Verge which is set at 16.555 billion), but at the same time, the closer Monero gets to the equivalent circulating supply, the less perceived value the coin may have (Monero could actually drop in value to be closer to Verge, rather than Verge rising up to the value of Monero).
 

EasyE2262

New member
Apr 17, 2018
3
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#3
Great information. Thank you very much.
 
Jul 31, 2018
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Bangalore
#5
Privacy is an increasingly important parameter for users globally - regardless of their usage of cryptocurrencies. If all these changes are implemented in a proper manner, Verge will be known for complete privacy worldwide!
With major updates coming in the near future - such as atomic swaps, sidechains, and support from institutions, the future does look bright.

There is a possible increase in the verge coin value with the Verge price showing an increase to $0.0736 by the end of this year, which is an expected increase of a whopping 212.624276%. Verge price prediction suggest that the Verge price is up for a long-term 778.831015% in the XVG price value with a 5-year investment.