I am not a big crypto guy, mostly uranium and silver investor. However, VGX grabbed my attention. Utility and Loyalty programs and opening its doors in NY and other parts of the world has a huge potential. I had a very successful run with DNN and dropped significant amount of my profits into VGX. So, yes I have a position. That is the only only crypto I hold.
Current technical set up is very bullish. Potential target price $12.09 and April 10th is the date to get us there. That is how fast it ran last time. Sounds unrealistic but that what chart is showing. I could be wrong. Let's see what it is going to be in 2 weeks.
Comment
⋅
At the time of this writing VGX jumped from $4.8-$5.1 in a matter of minutes. Uber bullish
I don't think it is unrealistic at all. There seems to be a correlation between stock price activity and the token price. You can see how many months it took the token price to trade around where the stock price was months prior. I know they are not supposed to be directly correlated but it's kind of hard not to see it as at the very least being somewhat correlated
Stiefel (dont know how to spell it) Financial set their target price for the stock at $100 over the next year or two years.
But I am in agreement with you on this. I think it may spike even higher by then but come back down as it always does
The Binance market really drives the price. I am hoping that over the next year the Voyager holders (i just can't use the word "hodlers") will increase to the point of mitigating the Binance trading's impact on the price.
AskDrBurt
⋅
@Realkeeper5, Comment: It is moving very fast as we speak. That long consolidating base might come to fruition.
Agines
⋅
Now trading over $5.40 some hours later!
mikeownow
⋅
@Agines, This coins been having a hard time lifting off for a while not sure how long the wait is for the next big run but been waiting a long time, their app has waitlist again so lots of new users are onboarding.
solidOwl23375
⋅
Now trading at $3.80. Ouch
AskDrBurt
⋅
@solidOwl23375 Just over 4 bucks now. We need a catalyst such as NY approval and European zone. Stock is trading much higher. My timing is off but in general I am looking at 5-6x from now in 2021. Meanwhile we collect 5% as a compensation for waiting.
Stiefel (dont know how to spell it) Financial set their target price for the stock at $100 over the next year or two years.
But I am in agreement with you on this. I think it may spike even higher by then but come back down as it always does
The Binance market really drives the price. I am hoping that over the next year the Voyager holders (i just can't use the word "hodlers") will increase to the point of mitigating the Binance trading's impact on the price.