Verge (XVG) Hits Market Capitalization of $52.83 Million

Verge (XVG) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on August 7th. Verge has a total market cap of $52.83 million and $5.50 million worth of Verge was traded on exchanges in the last 24 hours. One Verge coin can currently be bought for about $0.0032 or 0.00000006 BTC on cryptocurrency exchanges. During the last week, Verge has traded down 22.6% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $56,238.92 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.1% against the dollar and now trades at $0.0977 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded 2% lower against the dollar and now trades at $315.52 or 0.00561035 BTC.
• UNUS SED LEO (LEO) traded 2.1% higher against the dollar and now trades at $5.78 or 0.00010277 BTC.
• Litecoin (LTC) traded down 3.2% against the dollar and now trades at $56.95 or 0.00101266 BTC.
• Monero (XMR) traded down 0.1% against the dollar and now trades at $148.66 or 0.00264332 BTC.
• Ethereum Classic (ETC) traded 2.2% lower against the dollar and now trades at $17.99 or 0.00031991 BTC.
• Arweave (AR) traded down 4.2% against the dollar and now trades at $20.00 or 0.00035556 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 4.6% against the dollar and now trades at $39.27 or 0.00069833 BTC.

About Verge

Verge is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on September 26th, 2017. Verge’s total supply is 16,521,951,236 coins. Verge’s official website is vergecurrency.com. Verge’s official Twitter account is @vergecurrency and its Facebook page is accessible here. The Reddit community for Verge is https://reddit.com/r/vergecurrency and the currency’s Github account can be viewed here.

According to CryptoCompare, “Verge (XVG) is a decentralized digital currency that prioritizes privacy and confidentiality through technologies like Tor and I2P. The Verge platform is a blockchain-based decentralized system that supports the XVG cryptocurrency and emphasizes user privacy. Verge is primarily used for peer-to-peer transactions where privacy is paramount, facilitating quick transactions with minimal fees. It was founded in 2014 by Justin Valo, also known as “Justin Vendetta” or “Sunerok”, a developer with over 20 years of experience in network security and nearly a decade in blockchain technology. The coin was originally named DogeCoinDark but was rebranded to Verge Currency in 2016.”

Buying and Selling Verge

It is usually not presently possible to purchase alternative cryptocurrencies such as Verge directly using US dollars. Investors seeking to acquire Verge should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Verge using one of the aforementioned exchanges.

XVG/USD price chart by TradingView