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Is This the Perfect Time to Invest in Sleeping Giant, Verge (XVG)?

Verge (XVG), might be on the edge of a rapid breakout by all current technical indicators.
The cryptocurrency was relatively unknown by some traders until the end of last year when popular and influential crypto analyst predicted that the digital currency would be worth $15 by the middle of this year.
While Verge has not performed as he predicted, which is understandable given the general bearish nature of the crypto market, the altcoin is very far from a write-off yet. The cryptocurrency is still believed to be one of the digital assets with highest potential.
Its current value might have declined to $0.1 after trading more than $0.2 initially, but it holds one of the perfect rate possible, and this might just be the perfect time to invest in it, for traders who are looking for huge long-term returns on investments.
Verge which hit a market capitalization of $3 billion in January, holds untested potential and appeal because of a number of factors. Its top-of-the-shelf quality is its anonymity while retaining the quality to provide options on whether a transaction should be made private or public. Initially, XVG became the victim of many fraudsters and criminals who exploited the coin’s anonymity in illegal dealings.
Verge’s smart option however has gone a long way in curtailing it, and it looks the most likely to be the choice for regularization by institutions prior to adoption, which would most likely result in a price boost. Verge’s stability is also an appealing attribute to potential investors and traders.
Technically, the reason why analysts seem to be excited with Verge is its transparency regarding the total mined coins in supply. With a total of 15 billion Verge coins in supply that has already been mined, from a possible maximum of 16 billion, it is only a matter of time before the price begins its rapid ascent.
Why should this be expected? Going by basic economics, once the demand exceeds the supply, the price of an asset is bound to increase. Well, Verge’s supply is exhausted. It has one of the fastest transaction speed in the crypto space. It responds very well to price changes. Supply is constant, but demand would continue to increase. Do the math, and you might have a potential explosive rate of returns on your hand.

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