VGX current PANot really much to go off of since the voyager token upgrade. Theoretically the trading algos are treating vgx like it's newly created coin since all previous price action has been wiped. But I think we're currently at an important price level. I'm still cautious since we're on a down trend on all time frames. I'm bullish on vgx funadamentally, but i'll remain neutral technically until we can get above the 4hr, 12hr, and 1 day ema ribbons.
Vgxbtc
HODORRRRRRRRRRRRRRRRRRRRRR $1.83 VGX!!!!Ohhhhhhhhhhhhhhhhh Voyager. I'm going to write *all* my thoughts below. Essentially we are at a critical level- if we can't hold the $1.83 level we may follow the blue path and drop down to the lower $1.XX levels, if we hold this level it can be a nice spring up.
Preface:
If you are new to Voyager and wondering what the utility of BQX (soon to be VGX) is I will discuss below:
Essentially- Voyager is a brokerage and VGX provides *perks* for using the platform: (www.investvoyager.com)
- currently there are 3 tiers which may be adjusted over time but those tiers are set at 500, 5000, and 20000 tokens.
- these tiers represent different levels of perks for interest boosts, cashback on trades, savings on withdrawals, higher rewards for referrals, desktop access priority, debit card cash back. In the future there will likely be associations with credit card perks, margin trading, stock/crypto trading, etc.
1. Technically speaking....never did I think we would end up sub $2 but here we are. If the $1.83 support doesn't hold we may be heading down to the low $1.XX's. The volume profile shows quite a glaring gap down to about the $1.16 range. Really need to HODOR but will have some capital set aside *in case*. If we do drop down from here I'll have buy orders set from $1.16 down to $1.06.
2. Fundamentally....Voyager is KILLING IT. Up to over 665k funded users and 1.75M verified users (www.investvoyager.com).....which even if you were an OG investor like myself are numbers you would have DREAMED of in mid July 2021.
3. Voyager is the process of a token swap with LGO. (www.investvoyager.com) This swap will open up the doors for Voyager in Europe- and also allow for international owners (who can't currently dwld the Voyager app) to stake their VGX in a Metamask wallet and get the 7% interest. After the swap is complete the token utility will go live- projected to be on September 1st.
4. Voyager is in the process of getting the *pesky* NY state license and also getting access to Canada.
Postface:
Let's just talk token scarcity for a minute. After the token merger & accounting for LGO additional tokens and growth pool there is a *maximum* potential for 316,175,683 VGX tokens in Sept 2022. HOWEVER- there are likely MANY tokens from the Ethos days that are lost/etc. which will get burned. BUT for the sake of worst case we'll assume that ALL tokens transfer into the new contract.
With the tiers being set at 500, 5000, and 20000 I will show you what that looks like:
Tier 1: 316,175,683/500= 632,352 possible tier 1 users
Tier 2: 316,175,683/5000= 63,235 possible tier 2 users
Tier 3: 316,175,683/20000= 15,809 possible tier 3 users
We are currently ALREADY at 665k funded users without any Europe users, NY state users, or Canadian users. We are already at a place where every current user can't even achieve tier 1 level (632,352-665,000= -32,647).
ALSO- Voyager is going to start marketing the loyalty program in the app post-swap. I feel like many of the funded users are unaware of the utility of VGX which will change very soon (projected Sept 1st)
NOT FINANCIAL ADVICE OPINIONS:
- If you believe that crypto but don't know which coin is going to outperform- Voyager provides you the ability to hedge *crypto* in general
- If you are are a BTC, ETH, or USDC believer- getting to tier 3 and getting a 1.5% interest boost on one of the ALREADY highest interest levels is a fkn no-brainer (esp while VGX is extremely undervalued)
- Voyager is regulated and publicly traded- only Coinbase is there with them- but there are many exchanges which aren't and may not survive (AHEM BINANCE). If you want to trade Voyager's stock look up VYGVF
- Voyager's team is full of *winners* - esp Steve Ehrlich. (www.investvoyager.com)
- From a risk/reward perspective I haven't found anything like Voyager- but again not financial advice just my opinions. this write up is just to provide you my thinking and opinions and will leave it up to you to do your own due diligence.
IFFFFFFF you wanna give Voyager a shot- use my referral and I will be v thankful :)
Download the app and trade $100 to get $25 of free Bitcoin. Use code RAMJ6U or this link to claim your BTC: voyager.onelink.me
PLZ leave me comments on your thoughts/opinions/etc. Wish you all financial freedom, happiness, joy, and love.
BQX - BTC (Voyager) Possible İnverse Head & ShoulderPossible H&S patter on BQX (VOYAGER) TOKEN. Volume confirms it. Target 12314 Satoshi if this breaks out.
Multiply Your ETH with BQX now rebranded as VGX - Fiat OnrampA lot of people are now using Voyager for fiat onramp. Crypto cash back is coming. If CRO will have a main net then why would VGX be any different? They offer the best interest rates and I can see it transform into a DeFi coin to compete with Dharma. I personally like Voyager more than Crypto.com and I have traded both Ethos and Monaco during the 2017 hype cycle. In fiat value, I will buy more BQX at low $4 and load heavier if it gets to $3.
VGX TRADE LEVELS --> BULLISHTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
VGX looks to break resistance levels at $7.50, $11.00, and $15.00.
Past Ideas:
FUNDAMENTALLY
Fundamentals are at all time high for Voyager Digital. Increasing their revenue from 2-3 million to 20+ million in less than 3 months. This is unheard of revenue growth ! Price should react from this soon.
