The first time I heard about Verge (XVG) it was placed on position 65 in the coin market ranking, then, I never took cognizance of it, I thought it is an ordinary coin that emerged like others with no hope and potential of surfacing for long, thinking it would soon vanish like a smoke in thin air.
Within a twinkle of an eye, months after, I noticed a surge in the altcoin, climbing the ladder northward, ranking 50; it came to my surprise and I became astonished. Then I started tailgating the coin bumper to bumper from time to time and soon I saw the coin placed on the table amidst the first 30 coins and I was bewildered, perceiving great potential in the coin. Then, I started placing my bet on the coin with great belief.
The Crypto Market
The beginning of the year for the crypto sector really meant a fierce, rough and raspy period for the altcoins after a tremendous boost towards the end of the previous year. The depression continues for the sector amidst series of turbulence fisticuffing it, roaming around embargo and heist. Not until lately, a few weeks back, when the gradual turn around showed up and the entire crypto verse and its enthusiast’s lip spread wide with a smile on their face.
Source: Cryptocurrencychart
Changes in the value of crypto coins gradually began to be what investors and traders want to listen to. Nevertheless, Verge was not left behind; the coin rose up towards the end of last year according to coinranking.com. A coin that was priced for $0.00801 on December 11 saw a drastic lift, and it was priced $0.138 on December 22, reaching its all-time peak on December 25, at a price of $0.239. What an unbelievable development, a coin that was nowhere to be found earlier rose up instantaneously to the awareness of the world, becoming the talk of the town.
Following the uplift, was a surge in price until January 9 when it was priced $0.209, definitely a decrease. Afterward, towards the end of January, the entire cryptocurrency market was plagued by sundry of turbulence, dropping its value till mid-February when Verge was priced $0.0559 after which the sector was ushered by a shift upward. Although, on February 7, it was priced $0.0421, the lowest for that time since it picked up late December.
After the bottommost fall, Verge picked up its baton and kicked started another mount gradually, and by February 20, its price already rose up to 0.0806 dollars. Subsequent to this, it experienced a plunge in price and the fall began again. Another big fall for the coin saw it at the pit, bottoming to a $0.0248 price on March 18, according to Coinranking. Thought the February 7 fall was massive, but this was greater than February 7’s greatest.
Verge Price In The Last Four Days
Following the March 18 dip, Verge began a steady and indefatigable rise, depicting much readiness for the market. Although, the rise might be quite dizzy, but was accompanied with orderliness showing a savaging biff for other coins with great potential of moving northward beyond expectation.
Verge started with a $0.0301 price on 19th of March and it flaunted $0.03310 on March 21.
March 22nd to March 25th spans a period of four days. The steady and sporadic upward push never ended this time and the coin maintained its momentum. On March 22, Verge was priced $0.0346, March 23rd also followed the trend, the coin never gave in, maintaining the slow and steady rise, pricing around $0.0390. 24th of March was never a different scenario, the day also took on with the uniform trend, adding up in price with $0.0024 to give a total value of $0.0414.
Not the end, as if I have never seen a coin maintaining a uniform trend northward, the astonishing feeling was different, and my monitoring rate took a different form with force possible of distracting my attention. March 25ft, the last day of my watch, the coin never disappointed me, and it rose up to a $0.0456 price. A margin of $0.011 from the first day, though it might seem small, but the consistency is my focus of discussion.
Source: Coinranking
Irrespective of various external forces, the altcoin took in and continued it great uniform journey to the north.
Nevertheless, in the previous article I wrote, it was said that analyst, over the period of 12 months, observed that the altcoin was among the big gainers in the market. Peeping at the coin market to perceive the quality of the information, on Coinranking page, I noticed that over the same period, the altcoin has added up about 139,000% to its value.
Source: Coinranking.
For me undoubtingly, Verge is a great coin to invest in at any time. It might not be ranked among the top coins for now, but its future is bright. Only future can tell it position tomorrow.
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