VGX experienced a short-lived rally as the world’s largest cryptocurrency exchange Binance received preliminary court approval for its acquisition of Voyager Digital.
U.S. District Judge of the Southern District of New York bankruptcy court Michael Wiles on January 11between Binance.US, Binance’s US subsidiary, and Voyager $1 billion acquisition statements describing various aspects of the proposal submitted for the agreement U.S. Board of Trustees and U.S. Securities and Exchange Commission (SEC) Despite his objections, it was announced that he approved it.
This agreement by the court with pre-approval Voyager Digital’s native token VGX rally lived. When the news hit the market 0.3074 dollar VGX at levels, from 40% gaining more value $0.436 reached levels. While the suddenly rising price could not hold at these levels, VGX is higher than the level it reached. 20% drop lived and at the time of writing from $0.363 is being traded.
Such rises with purchase explanations VGX living a few more times, has not sustained any of its rise.
