What is the issue price of XVG coins? Introduction to the issue price and issue quantity of XVG coins

Verge (XVG) coins were initially issued at a price of $0.001 per coin during the ICO in 2014.

Oct 09, 2024 at 03:48 am

Understanding the Issue Price of XVG Coins

1. What is XVG?
Verge (XVG) is a decentralized cryptocurrency designed to offer enhanced privacy and security for transactions. It is based on the Wraith Protocol, which employs techniques like stealth addresses and ring signatures to protect user anonymity.

2. Issue Price of XVG Coins
The issue price of XVG coins refers to the price at which they were initially sold to the public during the initial coin offering (ICO). The XVG ICO was held in 2014, and the issue price was set at $0.001 per coin.

3. Issue Quantity of XVG Coins
During the ICO, a total of 150 billion XVG coins were issued. This included:

• 100 billion XVG coins sold to the public during the ICO
• 50 billion XVG coins retained by the development team

4. Current Market Price of XVG
Since its ICO, XVG has experienced significant price fluctuations. As of [current date], the market price of XVG is approximately [market price] per coin.

Conclusion
The issue price of XVG coins was set at $0.001 per coin during the ICO in 2014. A total of 150 billion XVG coins were issued, with 100 billion sold to the public and 50 billion retained by the development team. The current market price of XVG may vary from the issue price due to market demand, supply, and other factors.