We are right on track to hit my target for the last published idea on Voyager's token VVGX (BQX on Binance). Once ~$7.275 breaks, we're teleporting to ~$11 (Keep in mind that the Tradingview BQXUSD pair is not exactly 1:1 with Voyager's VGX price).
Is that the end?
No shot. Let's review what happened since my last update on 2/10/21 (link below):
Voyager announced 1.15B AUM on 02/16/21. Up from 220m AUM end of 2020. They announced planning to releasing earnings and updated metrics on 03/1/2021...I'd wager they will be over 1.5B AUM on the conservative side.
New Voyager Loyalty Program released!!! (EIGHT benefits for holders) with 3 reward tiers dependent on the # of VGX you hold - 7% VGX interest - Cashback on trades - Cashback on debit car - No debit card fee - Upgraded "refer-a-friend" rewards - "Send-to-a-friend" rewards - Withdrawal fee savings - Interest boosters - Special promotion eligibility
Token burn introduced - 25% on al VGX used to pay for withdrawal fees
Krisztian Toth appointed as Director - Partner at Fasken Martineau DuMoulin LLP, a leading international business law and litigation firm, specializing in Mergers and Acquisitions, Securities Law, Corporate Governance and Corporate Law
Voyager app moving up in rankings (Currently #57 in Finance)
BNB, Binances exchange token with comparable use cases, pumped ANOTHER $30 BILLION in market-cap up to ~52B before evening our and currently sitting at 36B.
What's in the works?
Expansion into Europe and Canada in 2021
Listing on the Toronto Stock Exchange (Currently trading on the Canadian Securities Exchange under VYGR and Over-the-Counter across US brokers under VYGVF)
Listing on the NASDAQ
Voyager's token, VGX (BQX), is currently sitting around $6.62 with a market-cap of ~1.5B. When (not if) it reaches $11 VGX's market-cap will be ~2.45B. I'm sure there will be profit taking since this is a huge psychological level but let's take a look at why I believe we are still early in the long run.
Voyager's stock is currently sitting around $14.7 with a 22B market-cap. This gives the token to stock a ratio of .75 which has remained steady throughout the bull-run.
Coinbase's pre-IPO valuation gives it a ~100B market-cap. If Voyager was to take just 10% of Coinbase's valuation, the stock market-cap would be 10B. This equals a 7.5B market-cap for VGX - making the price ~$44.6 per token!
With an incredible team, community, and partnerships, Voyager is quickly becoming one of the preferred crypto platforms to onboard fiat, trade crypto, and hold crypto (Up to 9.5% interest = no brainer). This bull run is far from over and will most likely continue until August/ September bringing new users and money with it.
If Voyager continues its growth trajectory, I can conservatively say that Voyager will overtake at-least 10% of Coinbase's market-cap. See you all on the moon.
My triangles invalidated. HOWEVER, I have still been accumulating due to Voyager's insane growth and fundamentals overall.
Once it pops, it'll be glorious.
Trade active
Still accumulating. Fundamentals are just too damn good. The platform is still growing like crazy. The next leg up will be fireworks. My guess is that announcing the tokenswap date/ the actual swap will the the catalyst
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