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XVG coin issuance price and total issuance volume in one article
The XVG coin was initially issued at $0.001 during its ICO in 2014, with a total issuance volume capped at 16,555,134,851 XVG.
Oct 08, 2024 at 04:11 pm
XVG Coin Issuance Price and Total Issuance Volume
1. Coin Issuance Price
- The XVG coin (formerly Verge) was issued at a price of $0.001 during its initial coin offering (ICO) in 2014.
2. Total Issuance Volume
- The total issuance volume of XVG coins is capped at 16,555,134,851 XVG.
- As of February 2023, approximately 14,460,000,000 XVG coins are in circulation.
Additional Details:
- Pre-mined Coins: A significant portion of the total supply (around 65%) was pre-mined before the ICO.
- Burning: Verge implemented a burning mechanism in 2017, where a portion of transaction fees is removed from the circulating supply.
- Distribution: The XVG coin is distributed through various channels, including mining, staking, and exchanges.
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