The latest altcoin bolstered by a surge of bullish activity is Voyager Token (VGX), crypto brokerage Voyager’s newly rebranded token. VGX is now up around 54% since the start of the year.
The rally, which began on January 2, comes after weeks of downward price action as the token was being rebranded on multiple platforms. Interestingly, the initial surge in volume occurred quickly and without any real news, suggesting someone may have taken a major stake in the small-cap altcoin to start the new year.
VGX serves as a utility token for the crypto brokerage and its future investment products, providing users with a variety of benefits. The first of which is 5% annual interest for users who hold VGX on the Voyager app, with interest accrued daily and paid monthly.
The altcoin, which has a market cap of roughly $2.75 million, has seen over $12 million in trading volume in the last 24 hours, not including the trading activity on Voyager’s app.
Investors can trade VGX commission-free and earn $25 in free BTC by signing up for the Voyager app through this link and trading $100. (or use code: SLUDGE25)
More: Join Voyager to Trade VGX Commission Free
Recent: Voyager Now Offers 2% Interest on Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH)
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.