Voyager, a crypto brokerage platform launched in 2018, enjoyed significant success in its first years of operation. Its native VGX token performed very well in 2018 and 2021. However, the crypto winter of 2022 brought financial problems to Voyager when Three Arrows Capital (3AC) defaulted on $650 million in crypto loans. So, what are the perspectives for VGX in the coming years? Let us discuss it in the following Voyager Token price prediction.
Voyager Token (VGX) Overview
As of June 18, 2023, VGX was the 478th most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The table below summarizes other relevant data for the same date.
What Is Voyager Token (VGX)?
Voyager Token (VGX) is the native token of the Voyager ecosystem. The Voyager platform brings the brokerage concept to the crypto space, enabling investors to invest in various cryptocurrencies safely. The platform targets retail and institutional investors. It supports over 100 crypto assets, with an easy-to-use mobile app and a debit card. VGX is primarily used to reward users within the Voyager ecosystem. Users can also earn interest and cashback if they hold VGX in the Voyager app.
Voyager Token Past Price Analysis
VGX was launched before the Voyager platform on July 18, 2017, at $0.06. This asset steadily gained value in the following months, reaching over $1.7 on November 25. This uptrend continued in 2018. On January 5, the VGX hit its all-time high at $12.5. A price correction followed immediately, with VGX trading around $4 in February. On March 4, the price spiked again, going over $4.9. Despite some ups and downs, this token’s price slowly dropped over the following months. It ultimately ended 2018 at a little over $0.1.
In 2019, the VGX dropped even lower, reaching its all-time low of $0.017 on December 26. In the first half of 2020, there were no significant price movements. However, on August 12, this token traded above $0.2. In 2021, things dramatically changed for the better. The VGX price skyrocketed, going over $6.9 on February 25. Then, the price dropped, falling to $1.6 on July 20. VGX gained value again, hitting $4.7 one month later. Similarly, the price dropped, falling to $2.2 on October 24. Once more, the VGX price soared, hitting $4.6 on November 30. This token did not maintain that price level, ending 2021 at around $2.9.
In 2022, the VGX price decreased throughout the year. On July 11 of that year, VGX traded at $0.15. Although the VGX price climbed to $1 on September 7, it ultimately ended 2022 at approximately $0.3. VGX slightly increased its price in the first two months of 2023, reaching nearly $0.6 on February 15. Then, a downtrend ensued. As of June 18, 2023, the VGX price was around $0.1.
VGX Token Price Prediction
VGX Price Prediction 2025
In 2025, the VGX price will continue to expand. PricePrediction indicates the average VGX price in that year will be $0.25, with a maximum of $0.3. TechNewsLeader has a slightly more optimistic prediction, where the average VGX price will be $0.28 and the maximum $0.32. DigitalCoinPrice forecasts an average price of $0.34, with a maximum of $0.36. Hence, your VGX investment at the current $0.1 could grow by +260%.
VGX Price Prediction 2030
According to DigitalCoinPrice, VGX will trade at a maximum of $1.1 in 2030. PricePrediction is more optimistic and expects an average VGX price of $1.6 and a maximum of $1.9. For its part, TechNewsLeader indicates the average VGX price will be $1.7 in 2030, possibly reaching a maximum of $2. Hence, if you invested in VGX at the current price of $0.1 and held your investment for a long time, it could grow by +1,900% in 2030.
Conclusion
The Voyager Token has accumulated enormous losses in the last year. Although this token’s price slightly increased when Voyager Digital filed for bankruptcy in July 2022, the general trend has been negative. Surprisingly, price predictions indicate the VGX price could expand in the coming years. However, several experts have warned of the risk of investing in this crypto asset after the issuer went bankrupt. Hence, you must thoroughly research this token before investing. If you want to purchase VGX, LetsExchange.io is the best platform to acquire this digital asset.
VGA Price Forecast FAQs
Is VGX crypto a good investment?
It might be a good long-term investment. Although VGX will probably not reach new highs within a decade, its price will increase on par with some popular cryptocurrencies. The VGX price is currently at one of its lowest levels. It is the right time to invest in VGX and reap significant gains in a few years!
Does the Voyager Token have a future?
It is uncertain. Voyager filed for bankruptcy in 2022. Although this crypto broker continues to operate, it has done so with liquidity issues. Hence, the future of VGX is equally uncertain despite optimistic price forecasts.
How high will the Voyager Token go?
According to PricePrediction, VGX could trade at a maximum of $3.9 in 2032.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.
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