Voyager Token (VGX) makes an early move after the holidays, entering the top 100. Voyager recently partnered with the U.S National Women's Soccer League.
Voyager (VGX) is an online exchange supporting the buying and trading of more than 70 digital assets. The platform supports Bitcoin (BTC), top DeFi coins, stablecoins, and a wide variety of altcoins.
It is not just an exchange, however, with the platform also offering The Voyager Debit Card and staking. Users can earn up to 9% rewards and spend everywhere debit Mastercard is accepted.
Earlier this year, Voyager Digital became the official crypto brokerage partner America’s The National Women’s Soccer League (NWSL).
The NWSL will grow to 12 teams in 2022 following the Expansion Draft for Angel City FC and San Diego FC. Just last week, news hit the wires of another crypto exchange, Crypto.com (CRO) sponsoring Angel City FC.
For the broader crypto market, the partnership with sport has become a key influencer. Earlier today, we looked at the U.S National Football League and its top players, who have decided to take crypto as payments in part or in full.
As a listed company, Voyager’s affiliation with The NWSL has supported a move into the top 100 by market cap.
Adding to the increased interest in Voyager (VGX) is the Voyager Digital (VOYG) listing on the Toronto Stock Exchange.
For the 3rd quarter of 2021, VGX is up 51%, with a breakout this morning bringing $4.00 levels back into play. VGX had hit an ATH $5.91 on 23rd November before falling back.
The late November breakout had come in response to news of the Voyager Token (VGX) listing on Coinbase Pro.
According to CoinMarketCap, Voyager Token current ranks 96th, with a market cap of $1,012m.
At the time of writing, Voyager Token was up by 17.1% to $3.7368. A breakout from the 100 EMA saw Voyager Token break through the 50 EMA to hit a current day high $3.8400.
Avoiding a fall back through the 50 EMA and a move back through to $3.80 levels would bring $4.00 levels back into play. With the markets expecting a bullish crypto year ahead, a break out from November’s ATH is expected near-term.
With over 28 years of experience in the financial industry, Bob has worked with various global rating agencies and multinational banks. Currently he is covering currencies, commodities, alternative asset classes and global equities, focusing mostly on European and Asian markets.