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Voyager Token icon Voyager Token VGX
Voyager Token icon

Voyager Token Price

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VGX Price in EUR
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Live Voyager Token Chart in EUR

Voyager Token Price Overview

The current Voyager Token price is loading EUR. The price has changed by EUR in the past 24 hours on trading volume of loading EUR. The market rank of Voyager Token is based on a market capitalization of loading EUR. Voyager Token has a circulating supply of loading. The highest recorded Voyager Token price is loading EUR. And the lowest recorded VGX price is loading EUR.

What Is the Highest Price of Voyager Token?

Voyager Token price history shows that VGX has recorded a peak value of loading .

What Is the Lowest Price of Voyager Token?

Kriptomat data confirms that loading is the lowest recorded Voyager Token value.

How Can I Buy Voyager Token?

There’s no need to consult an expert to tell you how to buy Voyager Token. It’s fast and easy to buy VGX at Kriptomat. Voyager Token is available for immediate purchase at the current VGX price quote of loading EUR. Current prices are always displayed in the VGX chart.

What Is the Current Price of Voyager Token?

Voyager Token is available for immediate purchase at Kriptomat. The current price is loading EUR.

Designed to serve both retail and institutional investors, Voyager provides a place to buy and trade digital assets, as well as earning interest. Launched in 2018, the crypto brokerage service connects with more than a dozen crypto exchanges through smart order routing technology and released a mobile app in 2019.

Voyager Token (VGX), which was rebranded from ETHOS Token, is the broker’s dynamic utility token. VGX can be used to collect network fees and lets holders collect cashback and earn interest. Since VGX joined the market, its price has seen dramatic change and if you want to know why then you’re in the right place. We’ve compiled everything you need in order to get a better understanding of VGX price – as well as the factors which influence it.

Voyager Token Price History

ETHOS, the native token of wallet start-up Ethos.io, first joined the crypto market through an initial coin offering in July 2017. It began trading at about $0.06 and mostly remained under $1 for the next few months. Prices began to climb in November and surged sharply as 2018 began, carrying the token to its all-time high of $11.02 on Jan. 7, 2018.

Prices had crashed back down to little more than $2.50 a month later, and despite a couple of further attempts to rally, the rest of the year took a mostly downward trajectory. After a series of lower highs and lower lows, ETHOS finished 2018 with a price of $0.12, representing a loss of 99% since the January peak.

A sudden surge in January 2019 saw prices double. However, they had fallen back to below $0.15 by the time ETHOS rebranded to VGX following Voyager’s acquisition of Ethos.io in February. There was then another short period of growth as VGX briefly traded above $0.20 again. Bearish momentum took over for the rest of the year though, and by the close of 2019, VGX was worth just under $0.02. This meant a decrease of 85% for the coin since the start of the year.

As 2020 began, positive momentum appeared to have returned and VGX rallied to over $0.06 in February. This was short-lived, however, and the token touched lows of $0.02 in March following a crash of 52% in a single day. Prices then climbed steadily, reclaiming $0.06 in June. The growth became sharper in July, culminating in a peak of $0.24 in August. VGX swiftly crashed back to $0.10 a month later but had improved somewhat to $0.16 by the end of the year, providing returns of 780% over the course of 2020.

Prices began to rally almost immediately in 2021, as VGX zoomed past $1 and then $2 in January. The following month, the Voyager Token market cap surpassed $1 billion for the first time, before VGX reached a peak of almost $7 at the start of March. The trend reversed at that point and after a couple of months of decline, Voyager Token price hit a low of $2.14 in May.

Analyzing Voyager Token Price History

VGX’s price history can be analyzed with many of the same techniques as the stock market. Technical analysis involves using various indicators while studying price charts in order to make sense of previous price movements. With VGX, as with many other tradable assets, large price swings are often accompanied by spikes in trading volume, as a large number of users buy or sell their coins on exchanges.

Fundamental analysis, on the other hand, looks at the finances and activities of a company, as well as the state of the wider market and economy. The team behind Voyager has extensive experience in online brokerage services and trading platforms, having previously worked at companies including Morgan Stanley, Cerberus Capital, E*TRADE, and Lightspeed Financial. Voyager employs unique smart order routing technology to find traders the best price. This, combined with professional trading services and a platform that feels more like a traditional online brokerage, positions the company to onboard more users wanting to transition to crypto from traditional markets. These could all be good signs for the fundamental value of the project.

Broader market trends have also played a role in VGX’s price history. Its surges in 2017 and 2021 weren’t unique – the entire crypto market pumped around these times. Bitcoin was in the midst of major bull runs then, and with such strong market dominance, any significant price movement for Bitcoin often impacts other cryptocurrencies.

VGX’s huge single-day drop in March 2020 came as economies and borders were closing down around the world in response to the COVID-19 pandemic. The effect of this was felt by the whole cryptocurrency sector and the entire stock market, which experienced the biggest single-day crash since 1987.

The overall price trend of VGX tends to follow what’s known as a boom-and-bust cycle. This is a pattern in which a period of growing excitement leads to a surge in price before doubt and disillusionment set in and result in a crash.

Factors Influencing The Price of Voyager Token (VGX)

A variety of different things can affect Voyager Token price, including project news and developments, the flow of assets on exchanges, public sentiment, and emerging trends in the wider cryptocurrency and global economies.

VGX coin was launched with a total supply of 222,295,208 tokens. However, following a 2021 merger with LGO token, the introduction of a growth pool and VGX interest means that new tokens will be minted. The Voyager community will vote on the future interest yield after the first year. On the other hand, Voyager will institute a 25% token burn on VGX used to pay for withdrawal fees in an effort to help reduce the circulating supply. The rate of change of the supply will therefore depend on the volume of withdrawals as well as the decisions of the Voyager community.

Demand for VGX coin will likely be driven by Voyager’s loyalty program. VGX holders will earn interest yield, set at 7% for the first year. They will also receive boosted interest rates on certain other cryptocurrencies, withdrawal fee savings, cashback rewards, and better price improvement than other customers. These benefits could incentivize more people to buy VGX, putting upward pressure on its price.

VGX demand will also likely correlate with the number of users of the Voyager platform. Future mergers, acquisitions, platform upgrades, and new product releases that drive Voyager adoption could therefore raise the price of VGX.

Live Voyager Token Value and Market Cap

The live VGX price varies from moment to moment as it’s dictated by the balance of buyers and sellers on exchanges, which is in constant flux. 

Given VGX’s volatility, its current price can change by a large amount in a very short space of time. The market cap of Voyager Token is equal to the price of VGX multiplied by the number of VGX in the circulating supply.

The current Voyager Token price is loading EUR. The price has changed by EUR in the past 24 hours on trading volume of loading EUR. The market rank of Voyager Token is based on a market capitalization of loading EUR. Voyager Token has a circulating supply of loading. The highest recorded Voyager Token price is loading EUR. And the lowest recorded VGX price is loading EUR. Max supply is loading VGX.

Voyager Token Price FAQ

What was VGX’s lowest price?

The Voyager Token value hit an all-time low of $0.017 on Dec. 26, 2019.

What was VGX’s highest price?

VGX coin reached an all-time high of $11.02 on Jan. 7, 2018, while the token was still trading under ETHOS, propelled by the 2017/18 bull run.

How is VGX price calculated?

VGX’s price at any given time is decided by the balance of supply and demand on exchanges. When more people are buying VGX than selling it, the price goes up, and when more are selling than buying, the price goes down.

Why is the price of VGX different on different cryptocurrency exchanges?

VGX’s price is based purely on trading as there is no standard global VGX price, so no one knows what it is “supposed” to cost. The trading volume and liquidity are different for each exchange and those differences are what affect the price.

What will VGX be worth in the future?

It’s impossible to make price predictions with any kind of absolute certainty, as a whole host of different factors could play a role in determining the future VGX value. However, as demand for VGX will likely correlate with the number of Voyager users, future mergers and new product roll-outs could drive up the price of VGX if they boost platform adoption.

Conclusion

Since joining the market, the price of VGX has seen significant change, going from highs of over $11 before the rebranding to lows of less than $0.02. Its journey hasn’t been a smooth one, however, as VGX’s volatility has led to plenty of surges and crashes along the way.

Many different factors have played a role in determining the price of VGX, including the introduction of the Voyager loyalty program, the number of users on the Voyager platform, and trends in the rest of the crypto market and wider economy. Its current valuation is derived from the balance of supply and demand in the markets and constantly changes.

If you want to get started with the most user-friendly trading experience on the market, register with Kriptomat today to begin your journey into the world of Voyager Token and cryptocurrencies!

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The text is informative in nature and does not count as an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, past returns are not a guarantee for future returns – risk only those assets that you are willing to lose.
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