June 16-17 was a bad day for Verge (XVG) after -1.27% decline

June 17, 2018 - By Vivian Park

It was bad day for Verge (XVG), as it declined by $-0.000360000000000003 or -1.27%, touching $0.02805. International Cryptocoin Experts believe that Verge (XVG) is looking for the $0.030855 goal. According to 6 analysts could reach $0.0727497569463564. The highest price was $0.02849 and lowest of $0.02718 for June 16-17. The open was $0.02841. It last traded at Yobit exchange. Aproximately 6.25 million XVG worth $175,490 was traded.

For a month, Verge (XVG) tokens went down -47.53% from $0.05346 for coin. For 100 days XVG is down -28.99% from $0.0395. It traded at $0.005411 200 days ago. Verge (XVG) has 15.09B coins mined with the market cap $423.14M. It has 16.56 billion coins in circulation. It was founded on 15/02/2016. The Crypto XVG has PoW proof type and operates under Multiple algorithm.

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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