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Author Topic: XVG has 99% of circulating supply. Possible move up?  (Read 103 times)
TheBeardedBaby (OP)
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April 19, 2021, 08:33:28 AM
 #1

Just a thought here.

If a coin is almost reaching it's max supply, in this insane bull run there's a possibility to have quite crazy ride up. This is the case with Verge, it has reached 99% of the max supply with
Max Supply of 16,555,000,000 and Total Supply of 16,446,008,649 XVG.

It already moved quite good this bull run but there is a lot more room to grow.

What you guys think about it?

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April 19, 2021, 09:11:30 AM
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April 19, 2021, 01:33:33 PM
 #3

Just a thought here.

If a coin is almost reaching it's max supply, in this insane bull run there's a possibility to have quite crazy ride up. This is the case with Verge, it has reached 99% of the max supply with
Max Supply of 16,555,000,000 and Total Supply of 16,446,008,649 XVG.

It already moved quite good this bull run but there is a lot more room to grow.

What you guys think about it?

There is always that possibility, I firmly believe 1 million is as likely as zero. For Bitcoin for sure, and maybe for DOGE even more so. But XVG I last touched in 2017 (anyone remember how McAfee loved it?).

Verge is already up thanks to alt season but why should it grow more? What exactly has it achieved different from 10 months ago?

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April 19, 2021, 03:32:26 PM
 #4

XVG is a crypto value manipulation in 2017. Currently, the market cap of XVG is at $ 900 million. I checked the XVG holding wallets, they are quite spread out and good for buying. Particularly, there is 1 wallet that holds more than 10% of the total supply, maybe this is the developer's wallet of the project.
Maybe XVG will steadily raise prices in my opinion at the moment. History can repeat. We're not Big boys so let's try your luck with $ 100.
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April 20, 2021, 04:10:57 AM
 #5

XVG is a crypto value manipulation in 2017. Currently, the market cap of XVG is at $ 900 million. I checked the XVG holding wallets, they are quite spread out and good for buying. Particularly, there is 1 wallet that holds more than 10% of the total supply, maybe this is the developer's wallet of the project.
Maybe XVG will steadily raise prices in my opinion at the moment. History can repeat. We're not Big boys so let's try your luck with $ 100.
I am feeling pretty excited that day a lot of people are interested in it, I bought and kept it a lot when it was only $0.004 Smiley and now look at it growing. I think if next time the altcoin season starts, XVG will grow even better.
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April 20, 2021, 10:45:41 AM
 #6

Of course. This is a good coin and it was once increase so much in 2017 - 2018. But after that, I have not received any information about Verge until now

If its circulation has almost fulfill, It is a good time to buy Verge. However, dont you think that invest in other projects is better? There are many defi projects around which are quite promising

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TheBeardedBaby (OP)
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April 20, 2021, 11:23:51 AM
 #7

There are always haters and lovers for different cryptos. Shitcoin.. well of them are shitcoins after all. There are far more useless coins pumping like the one i don't like to mention to create addition drama for the doge lovers so why not. Technically looking, when you have most of your coins in circulation as we are in a bull run and all the useless coins are pumping the it's logical that the coin would perform at least as good as the other shitcoins, right? Of course, we know the background of the coin, the team is not a bunch of scammers and the project is still quite active. I've seen how Reef finance dumped billions of coins in circulation without even announcing it to the public, than came with silly excuses, and they are still on Binance.

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