Verge Predictions
As we start to wrap up the series on statistical predictions for various coins, we'll have a look at Verge, one of the privacy coins that was recently given a lot of good promotion by security expert John McAfee. In this age where Net Neutrality is being revoked and people want anonymous payments, Verge is well on its way to being a powerhouse in the Privacy Coin market.
As you can see by the above image, Verge has a market cap of $810Mil and commands 0.13% of the entire crypto market.
I would expect this to come up to something more like Monero, not a top level currency but something that is widely used and functional. Monero is currently about 5X the market cap and 4-5X the market percentage.
Now looking at my usual growth prediction, if we say that its going to grow at 50% of the average growth rate of Bitcoin, by the year 2021 we would be looking at a coin roughly valued at just under $7. Again i think this coin should command a market cap roughly 5 times what it is now so that could really put the coin somewhere closer to the $154 mark. If that actually happened I can almost guarantee I'll be on a pacific island somewhere sipping cocktails for the rest of my life. But crypto is a wild ride, who knows what will really happen.
I read somewhere that John McAfee predicted $15 within 6 months. I think he said that on a recent YouTube livestream.
Interesting times ahead I guess.
i cant find that anywhere online, where have u seen/heard it?
I heard about it initially, but now I can confirm, it was actually a private message in reply to a question. John McAfee answers "possibly $15 within 6 months," on a question about future Verge Currency price.
I hope your right about this one. I picked up a few (10 000) of these. Now your making me thing that wasn't enough.
dude, you know better than to rely on anything I say lol. I picked up 5000 at 1.6c.
If it hits that $15 in 6months I could be super tempted to sell off depending how well it tracked to that $15. If its a meteroric rise, I'd probably hold longer, but if it struggles up I'd probably dump.
I had 100000 of these puppies, boy do I feel stupid for having let them go! Did make 3x what I paid for them but this post really does make me what to build it back up again. Just waiting a couple of days to see how market flares and hope to buy back in. Great post by the way!
thanks mate. I always try to accumulate these penny coins, they have the most potential for big multipliers. Just like EOS, for us to make a 3X gain on EOS, it needs to go to $24 which makes it massive. 3X on XVG at the moment puts it only at like 20c so much easier to get.
It's already up 5-6x for me, I jumped on early
shoosh or I'll start sobbing uncontrollably again. Really annoyed I never actually bought any at $2 like I wanted to.
how true, they penny coins are the only way to accumulate quite a lot. Verge even at it current price is still a good coin long term.