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THE NEXT crypto currency boom could be about to take place as analysts predict "verge" is the latest coin to see growth rocket at a similar rate to ripple.
Experts have tracked the movement of the verge market and have spotted similarities with that of ripple.
Once dubbed as ‘the next bitcoin’, ripple saw a surge in value as it increased by more than 1,000 per cent during December.
At the start of 2017, one Ripple token was worth just $0.006.
However, following a staggering increase in value in recent months, the crypto currency’s price has risen as high as of £2.83 ($3.83) in the opening weeks of 2018
Verge experienced its first real increase in growth in December after its value rose by 800 per cent to over $0.32 just before Christmas but has since seen its value drop.
Created in 2014, verge was once known as DogeCoinDark before being rebranded.
It is believed that the value of the currency may soon reach higher than its resistance line and then see growth boom.
Such a growth rate would potentially see verge pass the $1 mark.
However, how long such growth can last is up for debate.
Despite its success last year, ripple has seen its value plummet over the last 48 hours.
Ripple’s value has fallen by more than 11 per cent from its high of $2.12 on Saturday and more than 51 per cent from its all-time high of $3.84.