Price Prediction for Voyager. Are Investors Undervaluing This Crypto?
Voyager (VGX) token could be due for a breakout as the crypto market starts to recover and move back toward March highs.
Cryptocurrency token Voyager (VGX) is down by 3.55% today, to a price point of $0.07459 (VGX/USD).
However, this may be a coin that is overlooked by investors right now, as it has the potential to break out. Some analysts are predicting that the coin will pass $1.40 by the end of the year and make Voyager one of the most surprising crypto stories. Let’s look at why this coin may be ready to break out.
Voyager’s Recent Performance
This token has lost about 50% of its value since the start of the year. In January of 2024, Voyager was priced at $0.14, and the coin peaked in 2024 in March at $0.1547. Since then, the price has dropped dramatically, but that is true of most every crypto on the market.
Bitcoin’s halving came and went as the market continued to drop, and Voyager has shown little sign of turning things around since then. Currently, its trade volume is down 26%.
We have not seen an overall bearish trend for the coin for the last week, though. It has been up and down, moving between incredible highs and lows, fluctuating between its current price and $0.08105.
Where Is Voyager Headed?
Why is it that some price predictions place Voyager at achieving $1.4 for the year? That would multiply its starting value for 2024 by 10, which would be an impressive achievement.
Voyager could break out, though, especially as the crypto market has started to recover. We recently saw Ethereum shoot up by nearly 20% just a few days ago. Bitcoin has also managed to climb above $70,000 recently for the first time in weeks. There are likely to be many more surprises in store for the year from the crypto market.
Voyager has a lot of potential as a digital currency, since it provides an incredibly secure entry point for crypto trading, protecting its buyers extremely well. With so many crypto market hacks and stolen funds, a digital asset like Voyager can be incredibly valuable. If the crypto market continues to grow over the next few weeks like it has the last few days, then Voyager could easily hit $0.10 sometime next month.
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