Verge (CRYPTO:XVG) Price Up 36% This Week

Verge (CURRENCY:XVG) traded up 7% against the dollar during the 1-day period ending at 18:00 PM ET on February 5th. One Verge coin can now be purchased for about $0.0564 or 0.00000629 BTC on exchanges including CryptoBridge, Coinhouse, SouthXchange and Bittrex. Verge has a market cap of $822.42 million and $14.26 million worth of Verge was traded on exchanges in the last day. During the last week, Verge has traded 36% higher against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Litecoin (LTC) traded 6.9% higher against the dollar and now trades at $163.10 or 0.01819390 BTC.
  • Dogecoin (DOGE) traded up 8.2% against the dollar and now trades at $0.0055 or 0.00000061 BTC.
  • Bytom (BTM) traded up 2.6% against the dollar and now trades at $0.37 or 0.00004144 BTC.
  • Syscoin (SYS) traded 9% higher against the dollar and now trades at $0.56 or 0.00006213 BTC.
  • Polymath (POLY) traded up 9.1% against the dollar and now trades at $0.83 or 0.00009284 BTC.
  • GameCredits (GAME) traded up 7.9% against the dollar and now trades at $2.41 or 0.00026868 BTC.
  • Einsteinium (EMC2) traded up 4.1% against the dollar and now trades at $0.41 or 0.00004592 BTC.
  • BridgeCoin (BCO) traded down 7% against the dollar and now trades at $3.08 or 0.00034316 BTC.
  • CyberMiles (CMT) traded 5.2% higher against the dollar and now trades at $0.19 or 0.00002071 BTC.
  • Viacoin (VIA) traded up 12.1% against the dollar and now trades at $3.17 or 0.00035330 BTC.

About Verge

Verge (XVG) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was October 9th, 2014. Verge’s total supply is 14,588,682,780 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 /r/vergecurrency and the currency’s Github account can be viewed here.

According to CryptoCompare, “Verge is a scrypt based alternative crypto currency trying to take the popularity of both Dogecoin and Bitcoin and combine it with the anonymous features of DASH. The block time is 30 seconds and the coin operates through Proof of Work. VERGE prides itself on being a symbol of progression in the cryptocurrency world. It is a more secure, private, and evolving cryptocurrency that is backed by bitcoin, a ton of developer resources and privacy tools (located here!) Block reward: Block 0 to 14,000 : 200,000 coins14,000 to 28,000 : 100,000 coins28,000 to 42,000: 50,000 coins42,000 to 210,000: 25,000 coins210,000 to 378,000: 12,500 coins378,000 to 546,000: 6,250 coins546,000 to 714,000: 3,125 coins714,000 to 2,124,000: 1,560 coins2,124,000 to 4,248,000: 730 coinsApproximately total reward: 9 Billion (9,000,000,000) during first year then issuing 1 billion (1,000,000,000) each year after. “

Buying and Selling Verge

Verge can be traded on the following cryptocurrency exchanges: Trade Satoshi, Bittrex, CryptoBridge, LiteBit.eu, SouthXchange, Binance, Upbit, HitBTC, Cryptopia, YoBit and Coinhouse. It is not presently possible to purchase Verge directly using U.S. dollars. Investors seeking to trade Verge must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Verge using one of the exchanges listed above.

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