Voyager Token (VGX-USD) price predictions are worth checking today as the crypto continues to suffer from the recent crypto crash. An update from parent company Voyager Digital may be affecting VGX most of all.
Specifically, Voyager Digital provided a business update to investors in the form of a press release today. In the release, the company revealed how it’s handling the ongoing crash.
The biggest news item from the company is a financing deal with Alameda Ventures. The deal will provide Voyager with the cash and assets it needs to protect customers’ investments. While it’s technically a good thing, that news seems to have rattled some traders.
Heavy trading of Voyager Token is pulling the price down as a result. Over the past 24 hours, trading volume is up 71%. The price of VGX is also down 24% over the past 24 hours, as of this writing.
Let’s go over what this could mean for VGX with a look at the latest Voyager Token price predictions.
Voyager Token Price Predictions
- Gov Capital starts us off with a one-year price target of $5.71 for the crypto.
- WalletInvestor is next with its one-year forecast of 8 cents for the token.
- DigitalCoinPrice closes out our VGX price predictions with an average estimate of 66 cents for 2023.
Voyager Token trades at around 45 cents at the time of this writing.
Investors looking for more of the latest crypto news are in the right place!
InvestorPlace offers up daily coverage of the crypto market which traders will want to know! This includes what’s happening with Cardano (ADA-USD), the ProShares Short Bitcoin Strategy ETF (NYSE:BITI) and an update on Blockfolio. You can learn more about these matters at the links below!
More Wednesday Crypto News
- Cardano Prices Shrink After Delay of Major Hard Fork Upgrade
- BITI ETF Gains as Investors Look to Short Bitcoin Amid Crypto Crash
- Trevor Lawrence Crypto Contract Proves Crypto Is Still Not Fit for Payments
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Read More: How to Avoid Popular Cryptocurrency Scams
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
