Verge
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Verge in numbers
Verge (XVG) ranks #466 by market capitalization, at $46.35M. It belongs to the Others sector (Privacy). It has traded since Feb 17, 2016, across 62 markets on 8 exchanges, with $1.87M of volume in the last 24 hours. Its all-time high of $0.282349 was reached on Dec 23, 2017; the current price is 99.3% below that peak. Its cycle low of $0.00140361 came on Jun 15, 2023.
16.52B XVG are in circulation.
About Verge
Verge Currency is a cryptocurrency focused on privacy and security. Their network is aiming to solve for fast transactions with emphasis on user anonymity.
Background
In 2013 and 2014, demand for anonymous cryptocurrencies steadily increased as cryptocurrency enthusiasts quickly realized that on-chain Bitcoin payments are not as private as most investors originally though. In an attempt to ameliorate this problem, Dogecoin Dark was created in September 2014 with the two-pronged goal of maximum anonymity and true decentralization.
Almost two years after launching Dogecoin Dark, the team re-branded to Verge with the same privacy and decentralization goals.