Seeing a nearly 250% rise during the time VERGE was building up to announce its new partnership the coin quickly dipped more than 30% following the announcement that the partnership was with MindGeek, the parent company of PornHub.
Today the coins price line lies again on long-term support on the 4-hour chart between the .618 and the .382.
Current market-cap for XVG is $1,012,743,221 USD and in circulation are 14,903,276,623 coins. Moving this week from rank 20-25, Verge team members recant sentiments that they are not worried about the coin’s future. The way they see it, “the PornHub case is, in fact, positive for pointing out the coin’s anonymous features. Other use cases may include medical marijuana or other sensitive payments where confidentiality is preferred.”
With some crypto holders up in arms about XVG’s new partnership and others welcoming the limelight as knowledge about altcoins spreads...where do you stand?
Will this be a stepping stone to bigger and better things or another reason for non-adopters to conjure up lewd connotations of crypto?