CandleFocus Verge (XVG) price jumps 70% as privacy coins lead market rebound
2024-12-23
Author: Content Editor
Invezz reports that digital assets traded lower on Monday, with altcoins experiencing significant declines and Bitcoin struggling around $95,000. However, Verge (XVG) stood out among altcoins with a notable price surge of 72.49% in the past day. This reflected a broader bounce-back in the privacy cryptocurrency sector, which saw the market capitalization of all privacy tokens increase by 4.7% to $6.8 billion. While the overall crypto market exhibited bearishness, Verge's performance demonstrated resilience and momentum for extended gains. The article suggests that XVG could potentially reach $0.0149 by the end of December and $0.03510 by 2025. However, it also warns of the significant volatility in XVG's price and advises caution. Other privacy tokens that saw significant rallies in the past 24 hours include Zcash, MimbleWimbleCoin, Navio, and Aragon Protocol.
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