Web3 Knowledge Graph Protocol 0xScope Reports Voyager’s $51m Sale of VGX Tokens

According to reports, Web3 Knowledge Graph Protocol 0xScope monitoring data shows that since February, Voyager has sold 124.5 million VGX units, with an average price of $41, totaling approximately $51 million. Currently, Voyager still holds 52.42 million VGX tokens, valued at approximately $14.65 million at the current price of $0.277.

Voyager has currently sold 124.5 million VGX units, totaling approximately $51 million

Cryptocurrency continues to be a rapidly evolving industry, with new innovations, news, and updates unfolding nearly every day. One of the latest reports from Web3 Knowledge Graph Protocol 0xScope monitoring data that has caught the eye of many in the industry is the sale of VGX tokens by Voyager. Since February, Voyager has reportedly sold 124.5 million VGX tokens, with an average price of $41, totaling approximately $51 million, and currently holds 52.42 million VGX tokens, at a value of $14.65 million.

What is Voyager?

Before we delve deeper into the details of 0xScope’s report, let’s first learn more about Voyager. Voyager is a crypto-asset broker that aims to provide retail investors with secure and low-cost access to the crypto market through its trading platform. The platform provides investors with easy access to dozens of top cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more, through a sleek and user-friendly interface. Moreover, Voyager’s platform excels in offering high interest rates on user deposits while minimizing trading fees.

VGX Tokens – A Closer Look

VGX tokens are the native crypto asset of Voyager, used to avail various incentives and unlock perks on the platform, including cashback rewards, reduced fees, and other benefits. VGX tokens play an essential role in the Voyager ecosystem, serving as a loyalty program for users who frequently utilize the platform. The more VGX token that users hold, the more benefits they receive.
Now, let’s take a closer look at the report shared by 0xScope monitoring data.

The VGX Sale

According to the report, since February, Voyager has sold 124.5 million VGX tokens with an average price of $41. The company has reportedly made a huge profit of around $51 million through these sales. On top of that, Voyager still holds around 52.42 million VGX, valued at approximately $14.65 million.
This news has raised many eyebrows in the crypto community, and industry experts are now closely following Voyager’s next moves.

VGX Token Future Prospects

The sale of VGX tokens has led to many speculations about the future of Voyager’s native cryptocurrency. Some believe that the VGX tokens are overpriced, and their continued sale may hurt the token’s value. On the other hand, some argue that Voyager’s strong management and the platform’s rapidly growing user base could lead to the token’s price increase even further.
Ultimately, the future of VGX tokens remains uncertain. However, a successful sale of such a large number of tokens undoubtedly demonstrates Voyager’s business acumen and ability to raise significant capital.

Conclusion

The crypto industry is rapidly evolving, and updates are being announced almost every day. Reports like the one shared by 0xScope monitoring data provide critical insights into what’s happening behind the scenes. Voyager’s sale of VGX tokens is undoubtedly huge news for the crypto community, and we can keep our eyes and ears open for new developments about the sale and what it means for the future of the token.

FAQs

1. What is Voyager?

Voyager is a crypto-asset broker that provides retail investors with secure and low-cost access to the crypto market through its trading platform. The platform provides investors with easy access to dozens of top cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.

2. What are VGX tokens, and what are they used for?

VGX tokens are the native crypto asset of Voyager, used to avail various incentives and unlock perks on the platform, including cashback rewards, reduced fees, and other benefits. VGX tokens play an essential role in the Voyager ecosystem, serving as a loyalty program for users who frequently utilize the platform.

3. What is 0xScope monitoring data?

Web3 Knowledge Graph Protocol is a tool designed to query decentralized data sources using GraphQL. 0xScope is a solution by Solity to monitor the Ethereum blockchain in real-time. When combined, it provides data-driven reports monitoring data on the blockchain.