VGX VGX/USD was previously referred to as BQX before rebranding. This token is the native cryptocurrency token of the Voyager cryptocurrency alternate which is a commission-free cryptocurrency buying and selling platform and makes use of VGX to reward the customers throughout the ecosystem.
VGX shot up in worth by 32% within the final 24 hours, which led to a 32% enhance in its market cap, and that is the results of a rise in buying and selling quantity by 550% throughout the span of the final 24 hours.
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Ever for the reason that begin of 2021, VGX has supplied traders entry to cryptocurrency buying and selling choices.
The Acquisition of Coinify ApS as a catalyst for development
Voyager Digital announced that they’d purchase Coinify ApS, which is a cryptocurrency platform with a worldwide person base in 150 international locations.
All through the acquisition phrases, the consideration of Coinify shareholders will encompass 5.1 million newly issued shares of Voyager Digital frequent inventory in addition to $15 million in money. Voyager will retain $5.5 million of money on Coinify’s steadiness sheet in accordance with the settlement.
This acquisition will give Voyager entry to the fee business by the platform availability in Europe, Asia, North America, and South America.
Do you have to purchase Voyager (VGX)?
On January 1, VGX was price $0.16. On August 3, VGX was price $3.06. This marks a rise of 1812% for the reason that starting of the 12 months.
Nonetheless, issues get extra fascinating the extra you look into its historical past, as on January 6 of 2018, it achieved its all-time excessive worth of $12.47. That’s 7693% increased than the worth it had at first of 2021 and 307% increased than the worth it had on August 3. That is simply a sign of the type of potential the token possesses in relation to rising its worth.
To additional analyze its development, allow us to see the way it carried out in July.
On July 1, it went as much as considered one of its highest factors at $2.43. This made it 20% decrease in worth than the one it had on August 3. Then it dipped as little as $1.56 on July 20, which signifies that it bought to a degree the place it was 49% decrease in worth.
The Voyager Token makes use of Sensible Routing know-how so as to make the most of discrepancies between listed costs on cryptocurrency exchanges that assist it join immediately by completely different exchanges the place traders have the chance to select the perfect alternate fee accessible for his or her particular transactions. The token itself was issued as an ERC-20 token operating on the Ethereum community.
After we take all of this into consideration, it’s clear that the token is slowly climbing again in worth, and with the 550% enhance in buying and selling quantity, we will assume that the value will go up even increased.
In truth, the value may attain the $5 mark by the top of August.
The place to purchase proper now
To speculate merely and simply, customers want a low-fee dealer with a observe report of reliability. The next brokers are extremely rated, recognised worldwide, and secure to make use of: