XVG coin issuance price and total issuance volume in one article

The XVG coin was initially issued at $0.001 during its ICO in 2014, with a total issuance volume capped at 16,555,134,851 XVG.

Oct 08, 2024 at 04:11 pm

XVG Coin Issuance Price and Total Issuance Volume

1. Coin Issuance Price

The XVG coin (formerly Verge) was issued at a price of $0.001 during its initial coin offering (ICO) in 2014.

2. Total Issuance Volume

The total issuance volume of XVG coins is capped at 16,555,134,851 XVG.
As of February 2023, approximately 14,460,000,000 XVG coins are in circulation.

Additional Details:

Pre-mined Coins: A significant portion of the total supply (around 65%) was pre-mined before the ICO.
Burning: Verge implemented a burning mechanism in 2017, where a portion of transaction fees is removed from the circulating supply.
Distribution: The XVG coin is distributed through various channels, including mining, staking, and exchanges.

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