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Highlights
- Voyager Token is a digital currency broker, providing investors with a secure access point to crypto asset trading
- Voyager Token (VGX) is used to generate interest when held in the Voyager app. It is also used to reward its platform’s users
- Since November, VGX has rallied once again with the price rising from US$2.73 to its current price of US$4.84
While many cryptocurrencies have been left in the red recently following Bitcoin’s tumble from recent all-time highs, a couple of tokens are remaining defiant. One of these is Voyager Token (VGX), which has continued to rise over the past seven days.
What is Voyager Token?
Voyager Token (VGX) is a digital currency broker, providing investors with a secure access point to crypto asset trading. Voyager is built to serve both retail and institutional investors with an almost instant solution for trading crypto assets.
The brokerage service now holds over 55 crypto assets, and its technology allows it to connect with more than a dozen different crypto exchanges.
While the brokerage service was launched in late 2018, the developers launched a mobile app in 2019, making it even easier for users to trade cryptos.
The native token of the Voyager brokerage service is the Voyager Token (VGX), which is used to generate interest when held in the Voyager app. It also is used to reward its platform’s users.
Moreover, holders of the VGX token can receive cash back on trades as well as other perks exclusive only to Voyager users.
VGX Price Journey
VGX exploded at the beginning of 2021, rising from around US$0.16 on 1 January to US$7.21 on 21 February.
Over the next few months, it experienced a gradual decline until another quick burst saw it go from US$1.66 on 21 July 21 to US$7.50 on 19 August, which was then followed by a decline.
Since November, VGX has rallied once again with the price rising from 1 November low of US$2.63 to its current price of US$4.95.
However, it should be noted, VGX has again taken a dive, and is currently at US$4.79, according to CoinMarketCap.
Can VGX Break $10?
The price pattern on VGX indicates a lot of volatile swings. When the token hits a peak, it is immediately followed by a plummet.
So, the question is: How long will the current rally last until it likely plummets again?
PricePrediction.net estimates Voyager Token will reach an average price of US$7.49 in 2022, with a maximum price of US$8.27.
This is just an estimate. However, investors are advised to tread with caution.
