VGX, Native Crypto Of Troubled Voyager Platform, Gains 44% Over Last 24 Hours

Voyager, a cryptocurrency exchange platform which declared bankruptcy last July, was a formidable force in crypto.

  • VGX prices have risen by 44% over the last 24 hours
  • Voyager Digital issues a notice of public auction for the remaining assets
  •  VGX registers a spike in trading volume and social metrics 

In fact, VGX has soared more than 10x since its launch just a few months ago.

The VGX token experienced a generous rise in 2021. However, it was severed by crypto’s downturn of 2022 which led to its bankruptcy.

VGX appears to be on the road to recovery, with a notable gain, which has helped it climb amongst 200 cryptocurrencies.

According to CoinMarketCapVGX has fallen by 19.56%, trading at $0.8528 in this writing.

Voyager Digital Files Notice For Auction

Voyager Digital filed recently a Notice informing the United Stated Bankruptcy Court of the Southern District of New York about the company’s intention to have an auction to dispose of the remaining assets.

The auction is set to be held at the Manhattan office of Moelis & Company on September 13. Hearings on approval of the results are scheduled for September 29.

Apart from Voyager hinting there’s trouble in paradise, this also indicates that the crypto platform has received more than enough bids for its remaining assets which Voyager has recently confirmed in a tweet.

Apparently, Voyager has been getting multiple bids on the auction of its assets which can further consolidate and strengthen the platform’s redesign process. Evidently, this development came following a crypto lender’s rejection of an offer coming from FTX exchange.

VGX Trading Volume Remains Bullish

Since then, VGX has experienced remarkable growth. With a revved up trading activity, VGX token’s trading volume has also soared by 2,000% overnight. According to reports, Voyager token’s trading volume in August was $87.64, which is a significant increase in daily volumes for VGX over the previous month.

Following a massive bullish momentum, VGX’s social dominance has also appeared bullish which isn’t a surprise. Despite the optimism of VGX token, Voyager Digital’s future looks bleak. Investing or trading in VGX should be avoided.

Voyager token, a crypto-exchange platform based in the United States, was founded by Stephen Ehrlich (CEO), Gaspard De Dreuzy, and Philip Eytan. They are both finance and technology industry leaders.  Voyager has been listed as a Toronto State Exchange registered trader.

It offers over 100 different coins to buy through its mobile application. You will be able to receive rewards of 7% up to 12% per year, plus the opportunity to boost your earnings with the Voyager Loyalty Programme.

Voyager is full of innovative, exciting and rewarding perks that Voyager users can enjoy such as Debit card or other DeFi Projects.

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Featured image taken from CoinJournal. Chart taken from

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