Verge (XVG) in no means would like to have another year like 2018. It has been a disastrous time for the digital asset since that adult channel partnership announcement. The Privacy coin was meant to be wandering around top crypto’s at the moment but that Porn Hub partnership went wrong all the way. Verge (XVG) has the technology and ability to be a top-notch cryptocurrency. The bear market as well has been the negative point for XVG and that is why the coin is currently at 49th spot in the ranking, at the time of press.
Verge (XVG) since that massive drop is trying to gain back its spot. But what will make XVG to rise back? For sure that is Verge’s technology which sets it apart from other privacy coins and digital assets. But the current bear momentum is very harsh, it isn’t giving a chance to XVG to rise back at rapid pace and we have not heard an anything big coming from Verge’s side. Verge (XVG) dev team has sat back and looked to work on their shortcomings.
Though Verge (XVG) has gained a lot of adoption and has enhanced its tech, we can see improvements in stealth addressing. But where is XVG going down, that is its trading. Verge has faced huge loses in trading, but that aspect stays there for a short term. The long-term prospect for XVG is its technology. Verge has developed some top wallets among other digital assets and that is one of XVG’s strength. It is also being used on different stores to buy daily life goods.
Verge (XVG) still is the best among the other privacy coins due to its TOR and I2P network. Verge is completely untraceable because of its Wraith Protocol. So, on the whole Verge (XVG) has a very solid network behind it and the privacy it fully up to the mark and that is what Verge became famous for.
So, for Verge (XVG) lot of things have been happening from Porn Hub partnership to technical improvements in its blockchain. Recently, Verge announced its collaboration with Netcents and this has turning to be a solid deal between both the firms. Know what Verge needs to focus on is its partnerships, unlike some previous blunders they need to be much mature this time around. The coin has something to prove and that will push XVG to rise higher than the expectations.
At the time of writing, Verge (XVG) was trading with a price of $0.0062 USD having a market cap of $96 million. In the last 24 hours, the coin has gained up to 15%, which makes it one of the top performing coins in the market today (28th Nov 2018). This is the huge boost for XVG to push on the stability gear a bit high as the market has been bearish for some time now.
The hopes are high for XVG and every single crypto analyst think that Verge (XVG) will have a good time and will be back to its previous spot or even higher. And the privacy factor will be the main reason why it will be a top crypto again. It’s just the market position which makes XVG look a bit rusty but the coming year can be XVG’s moment.