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.
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
The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town. Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off. Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
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
High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.
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 2022 and 2023:
XVG Price Prediction 2025
Our prediction model sees XVG reaching $ 0.0049 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 $0.0012. 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 $0.0012 in the next 90 days, which is a 60.4% change over the current price which hovers around $0.0031.
Verge Price Prediction Today - What will be the price of Verge tomorrow?
Verge will hover around $0.0034 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.
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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