In this guide, we will express our opinion and that of the market on the future of XVG as we discuss Verge’s price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like Verge.
Now, let’s get into it.
Before we delve into Verge’s price prediction and answer questions about whether XVG is a good investment or not, why XVG will succeed or fail, or why Verge’s price will rise or fall, let’s quickly take a look at what XVG is and its history to date.
Introduction of Verge
Dogecoin Dark was created in September 2014 with the dual goal of maximum anonymity and true decentralization. Nearly two years after the launch of Dogecoin Dark, the team was rebranded Verge with the same goals of privacy and decentralization.
Verge Price Prediction
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
Verge Price Prediction 2023
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
XVG Price Prediction 2025
Our forecast model sees XVG reaching $0.0042 in 2025.
How much will XVG be worth in 5 years?
The price of XVG in 5 years could be around $ 0
Verge Price Forecast 2030 – 2040
How much will Verge be worth in 2030?
Our forecast model sees Verge reach $0 in 2030.
How much will Verge be worth in 2040?
Our forecast model sees Verge reaching $0 in 2040.
Will Verge replace/surpass/surpass Bitcoin?
No, Verge will not replace or exceed BTC.
Can Verge reach $0.10?
Yes, Verge can reach $0.10 by the end of 2025.
Can Verge reach $1?
No, our forecasting model sees no chance for Verge to reach $1 in the short or medium term.
Can Verge reach $10?
No, our forecasting model sees no chance for Verge to reach $10 in the short or medium term.
Can Verge reach $100?
No, our forecasting model sees no chance for Verge to reach $100 in the short or medium term.
How high will Verge go?
Our forecasting model sees the price of Verge plummet and fall to almost 0 in the distant future.
Is it worth buying Verge?
We don’t 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. Because? Well, it faces fierce competition from other similar crypto projects, it doesn’t stand out for its technology and innovation, it doesn’t have a real community (not counting speculators and the hype-chasing crowd), and the team behind the project isn’t proven.
Can Verge make you a millionaire?
No, Verge can’t make you a millionaire as we don’t see him making a 10x price increase anytime in the future.
How much will Verge be worth?
For the short-term future, it could reach $0.0011. In the long term (8-10 years), it will most likely drop to 0 or so.
Why will Verge succeed and go up in price?
Verge has little chance of success. He has no first-time advantage, he doesn’t bring any unique value proposition, he has a weak team and a small community behind him. All this summarized prevents Verge from being successful and increasing the price in the long term.
What is the short-term forecast for Verge?
Verge will reach $0.0011 over the next 90 days, which is a 58.8% change from the current price which hovers around $0.0027.
Verge Price Prediction Today – What Will Verge Price Be Tomorrow?
Verge will hover around $0.0027 tomorrow.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are many very bad ideas, and
there are many very, very bad ideas, and also some scams”
As a result, more than 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of the projects will become the new Apple, Google or Alibaba in the cryptocurrency sector. Will XVG be among that 5%?
Verge is like a twin brother of TRX – a lot of hype and little substance in the project. The team managed to build a strong, cult community, but the prolonged bear market has dissipated it and XVG circles are real shipwrecks these days.
Two attacks of 51% laid bare the incompetence of their team that disqualifies them from the role they had in late 2017, early 2018: they were one of the most suitable coins for pumps and landfills. Nowadays, pumps and landfills are much more difficult to organize and there are coins that project a better brand image than Verge, making them a better candidate for pump and dump conductors.
All this means that Verge will remain in his zombie phase, maybe even officially die and be buried along with many other worthless altcoins.