CryptocurrenciesX

Verge, a Crypto Accepted by PornHub, Among Best-Performing Altcoins

By 10/01/2018 No Comments

One of the best performing cryptos on Monday was Verge coin’s XVG. The privacy altcoin surged around 10% by the end of New York’s trading session, briefly testing the highs of early September at 0.01738. Verge XVG is among the digital currencies accepted by PornHub, along with Tron and ZenCash.

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About Verge XVG

Ranked 37 based on market cap, Verge boasts using multiple anonymity-centric networks such as TOR and I2P. Their Wraith Protocol is supposed to enable users to send and receive payments privately on Verge blockchain. You can use the Verge QT wallet on almost any platform, from Android to Windows and Linux. They are currently working on their wallet to work on Apple’s iOS as well. Verge XVG is listed on many major crypto exchanges such as Binance and Huobi. But perhaps one of the most interesting facts about the cryptocurrency is the number of vendors who accept Verge XVG as a payment method. Among the most famous ones are the adult entertainment website, PornHub, and a UK-based guitar store, Tree of Life.

XVG/USD Technical Analysis

Looking at XVG’s price action versus the USD, the price has been testing the lower band of the daily Ichimoku cloud and could be in the process of forming a Saucer Bottom chart pattern.

Verge XVG - Price action on daily chart - Technical Analysis

Verge XVG – Price action on the daily chart – Technical Analysis

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Now I’d like to hear from you. What do you think about Verge coin and its recent surge? Do you think it has bottomed out? Let me know in the comments, and subscribe to get more updates! As the 4th point of the IDDA technique, you must calculate your risk tolerance before deciding on the investment strategy that is suitable for your portfolio.

Don’t forget to complete your risk management due-diligence before developing your investment strategy.

Invest responsibly,

Kiana

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