Voyager’s core platform provides investors with a turnkey solution to trade cryptocurrencies, as well as earn interest on crypto assets.
A number of decentralized exchanges already exist for the purpose of trading cryptocurrencies, so that’s really not new. However, the fact that crypto investors are able to earn a significant yield on their investments is something worth diving into.
Currently, Voyager exchanges is available to every U.S. state except New York, as the company waits for its BitLicense approval. In October 2020, Voyager Digital acquired France-based LGO, a fully licensed European digital asset exchange focused on institutional investors.
What is Voyager Token?
Voyager Token is the native token of Voyager cryptocurrency exchange, a commission-free crypto trading platform. Voyager uses VGX to reward users within the larger Voyager ecosystem, although this altcoin is available through several other brokerage platforms as well, with a focus on mobile-based applications.
When Voyager users buy and hold VGX on the Voyager platform, they earn up to 5% interest on their crypto balance. Like many exchange-native tokens, VGX incentives users to utilize the brokerage system it lives in.
Voyager Token draws its value from the technology the project uses to enable brokerage services, technical capacity, use cases, and adoption, while the market price of VGX rarely coincides with its intrinsic value.
The market value of VGX is defined and determined by a multitude of different factors, which includes upgrades, updates, roadmap developments, the activity of the dev team, mergers, and partnerships like the most recent merger of VGX with LGO token. VGX market value can be affected by other factors, such as important news and events, and the volatility in the crypto market.
Voyager Token Price Prediction For The Next 90 Days
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.
Below is a tabular overview of how will TICKER develop in the short-term (for the next 90 days), according to our prediction model:
VGX Price Prediction 2022
Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.
Voyager Token Price Prediction 2025 – 2030 – 2040
Our prediction model sees VGX reaching new highs in 2025, growing up to $11.71 per token.
VGX price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
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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