In this guide, we will voice our own and market’s opinion on XVG future while discussing Verge price forecast for 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Verge.
Now, let’s head into it. Before we delve deep into the Verge price prediction and answer questions if XVG is a good investment or not, why will XVG succeed or fail or why will Verge price rise or drop, let’s quickly throw a glance at what is XVG and its to date history.
What you'll learn 👉
Dogecoin Dark was created in September 2014 with the two-pronged goal of maximum anonymity and true decentralization. Almost two years after launching Dogecoin Dark, the team re-branded to Verge with the same privacy and decentralization goals.
Verge Price Prediction
Since the whole market is tightly correlated, general sentiment is always the first thing to check before predicting the prices of individual coins. So, let us do a quick overview of the market. After a brutal crypto winter in 2022, the market has shown signs of life in 2023. Bitcoin has rallied 80% so far, putting it on track for its best year since 2020. Ethereum is also up 50% year-to-date. Several factors have fueled this crypto rebound. Most notably, Ripple Labs won a key legal victory against the SEC in June, leading to a short-lived price bounce. Renewed institutional interest has also provided a boost, with major firms like BlackRock pushing for Bitcoin ETF approval. Meanwhile, inflation has triggered a crypto comeback as digital assets gain appeal as an anti-inflation hedge. However, major headwinds persist. The total crypto market cap stands at $1.1 trillion after peaking at $3 trillion in late 2021. And volatility remains high. Bitcoin spiked to a 2023 high near $32,000 in May but has since pulled back below $30,000 amidst intensifying regulatory scrutiny. The SEC continues targeting top exchanges like Coinbase and Binance. While the worst of crypto winter seems over, the road to full recovery looks long. But institutional adoption continues growing steadily, and some analysts forecast Bitcoin topping $100,000 within a couple years. Regulatory actions remain crucial to watch. If cryptocurrencies can cement themselves as digital gold safe havens, macro trends could fuel their next bull run. But more clampdowns present downside risk. After a tumultuous 2022, 2023 shows crypto turning a corner - but uncertainty still looms large.
XVG Price Prediction For The Next 90 Days
Below is a tabular overview of how will XVG develop in the short-term (for the next 90 days), according to our prediction model:
Verge Price Prediction 2023
Looking at the last quarter of 2023, the cryptocurrency market shows promising signs of a potential rebound. Bitcoin’s 55% gain so far and renewed institutional interest indicate positive momentum. Despite regulatory challenges, the market remains resilient, with a total capitalization of $1.05 trillion. Anticipation is high for a positive and prosperous period ahead, with experts closely monitoring market trends and institutional crypto activity.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2023 and 2024:
XVG Price Prediction 2025
Our prediction model sees XVG reaching $0.0058 in 2025.
What will XVG be worth in 5 years?
The price of XVG in 5 years could lie around $0, according to CaptainAltcoin’s prediction model.
Verge Price Prediction 2030 – 2040
What Verge will be worth in 2030?
Our forecasting model sees Verge reaching $0 in 2030.
What Verge will be worth in 2040?
Our forecasting model sees Verge reaching $0 in 2040.
Will Verge replace / surpass / overtake Bitcoin?
No, Verge will not replace or overtake BTC.
Can Verge reach $0.10?
Yes, Verge can reach $0.10 by the end of 2025.
Can Verge reach $1?
No, our prediction model sees no possibility for Verge to reach $1 in the short or mid-term period.
Can Verge reach $10?
No, our prediction model sees no possibility for Verge to reach $10 in the short or mid-term period.
Can Verge reach $100?
No, our prediction model sees no possibility for Verge to reach $100 in the short or mid-term period.
How high will Verge go?
Our forecasting model sees Verge price crashing and dropping to near 0 in a distanced future.
Is Verge worth buying?
We do not see a bright future for Verge. It is worth buying only as a short-term speculation with a good exit strategy. Verge is not a good long-term hold.
Is Verge a good investment?
Verge is not a good investment in our opinion. Why? Well, it faces a fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.
Can Verge make you a millionaire?
No, Verge can not make you a millionaire as we do not see it doing a 10x price increase any time in the future.
How much will Verge be worth?
For the short-term future, it could reach $0.0016. In the long-term (8-10 years), it will most likely drop to 0 or thereabouts.
Why will Verge succeed and go up in price?
Verge has a slim chance of succeeding. It has no first mover advantage, it brings no unique value proposition, it has a weak team and small community behind it. All of this summed up prevents Verge to succeed and rise in price for the long-term.
What is the short-term prediction for Verge?
Verge will reach $0.0016 in the next 90 days, which is a 58.8% change over the current price which hovers around $0.0038.
Verge Price Prediction Today - What will be the price of Verge tomorrow?
Verge will hover around $0.0039 tomorrow.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will XVG be among those 5%?
Verge is like a twin brother of TRX – a lot of hype and little substance in the project. The team managed to build strong, cultish community but prolonged bear market dissipated it and XVG circles are real shipwrecks these days.
Two 51% attacks exposed the incompetence of their team which disqualifies them from the role they had in late 2017, early 2018: they were one of the most suitable coins for pumps and dumps. Nowadays, pump and dumps are much harder to organize and there are coins that project a better brand image than Verge, making them a better candidate for the pump and dump conductors.
All of this means that Verge will remain in its zombie phase, perhaps even officially die and get buried along many other worthless altcoins.
- Eos Price Prediction | EOS Price Forecast
- Iota Price Prediction | MIOTA Price Forecast
- ChainLink Price Prediction | LINK Price Forecast
- Dash Price Prediction | DASH Price Forecast
- Bytecoin Price Prediction | BCN Price Forecast
- Fetch.ai Review & Price Prediction | FET Price Forecast
- Stratis Price Prediction | STRAX Price Forecast
- Neo Price Prediction | NEO Price Forecast
- Qtum Price Prediction | QTUM Price Forecast
- Monero Price Prediction | XMR Price Forecast
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com