Analysts covering Verge (XVG) look at the -0.62% fall on February 20-21

Verge (XVG) had a bad 24 hours as the cryptocurrency declined $-3.97101000000006E-05 or -0.62% trading at $0.006353616. According to Top Crypto Experts, Verge (XVG) eyes $0.0069889776 target on the road to $0.0116124034965383. XVG last traded at HuobiPro exchange. It had high of $0.0064727463 and low of $0.0063139059 for February 20-21. The open was $0.0063933261. About 401,129 XVG worth $2,615 traded hands.

Verge (XVG) is down -5.68% in the last 30 days from $0.006736 per coin. Its down -48.34% in the last 100 days since when traded at $0.0123 and the annual trend is down. 200 days ago XVG traded at $0.01901. XVG has 15.74B coins mined giving it $100.01M market cap. Verge maximum coins available are 16.56 billion. XVG uses Multiple algorithm and PoW proof type. It was started on 15/02/2016.

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 coins
  • 14,000 to 28,000 : 100,000 coins
  • 28,000 to 42,000: 50,000 coins
  • 42,000 to 210,000: 25,000 coins
  • 210,000 to 378,000: 12,500 coins
  • 378,000 to 546,000: 6,250 coins
  • 546,000 to 714,000: 3,125 coins
  • 714,000 to 2,124,000: 1,560 coins
  • 2,124,000 to 4,248,000: 730 coins

Approximately total reward: 9 Billion (9,000,000,000) during first year then issuing 1 billion (1,000,000,000) each year after.

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