The decentralized finance segment of the blockchain technology has been one of the most well-performing sectors during the year. The blockchain technology, as a whole, is very interesting but the use cases of the DeFi sector are much more. The DeFi segment is considered to be disruptive with the potential to transform the global financial ecosystem but making finance transparent, affordable, and easily accessible. The boost of the sector has also resulted in pulling DeFi-focused cryptocurrencies upwards. One such interesting project in the decentralized finance sphere is Voyager Token.
What is Voyager Token?
Voyager Token is essentially a cryptocurrency broker but what sets it apart is that it is based on the blockchain technology. It is a broker mobile application which allows the trading and investing of cryptocurrencies. The application is available on both iOS and Android. It also serves an aggregator because Voyager Token’s network connects users to different cryptocurrency exchanges and markets. This is done through Voyager Smart Order Routing which acts as a sidechain and a bridge between the network and other platforms.
The platform was launched in 2018 and has grown significantly ever since. Currently, Voyager Token’s application supports 55 cryptocurrencies with more cryptocurrencies to be added soon. The application is designed to empower its users by giving them financial freedom. Voyager offers competitive rates of interest without locking up users’ funds. More than thirty cryptocurrencies are eligible for earning interest.
Another interesting proposition of the brokerage application is that it does not charge any fees for investing – which is something not heard of. It is also the only brokerage app for cryptocurrencies that offer compound interest.
VGX future outlook
The growth of the DeFi sector stands unparalleled in the market and cryptocurrencies like VGX are definitely expected to grow proportionally with the sector. Voyager Token has had a phenomenal performance in the current bull run and with such strong fundamentals the future outlook of the cryptocurrency is bright. Various estimations are bullish on the cryptocurrency.
According to the estimates of Wallet Investor, the cryptocurrency is expected to be trading hands at $5.46 in a year’s time. The growth trajectory is expected to continue with Voyager Token reaching a price level of $16.86 in five years’ time. Digital Coin Price is also bullish on the cryptocurrency and expects a price level of $3.81 by the end of the year and $8.88 by 2026. At the time of writing, VGX token stands at a price level of $2.55.
