Yes, Verge (XVG) continued its gradual, week-long decline today. It may have had something to do with the fact that it suddenly disappeared from the Bittrex exchange today. For a few hours, as some Reddit users on the page Verge Currency pointed out, XVG pairings just weren’t there. Only XVG/USDT was listed. Luckily, it was only temporary – and everything went back to normal shortly afterward.
With a few recent wallet issues in the past, and some delays with its Wraith Protocol update, some Verge holders have been getting anxious. Will there be another glitch or tech problem that hits this cryptocurrency again next week? What slightly bad news will we hear regarding Verge next?
At least Verge (XVG) has one thing going for it, and that is the community of supporters and investors that all love it. Just take a look at the dedicated Verge Currency Reddit page – you can tell that people are really getting behind this technology.
And it’s this coin’s very unique, innovative and powerful technology that is keeping XVG owners from selling.
After all, the price has been on a downslope for a bit – it might pick back up again soon, right? Some redditors think that this currency is still going to the moon, and that selling now would be a mistake. We think that this coin is poised to take off again.
Why Verge (XVG) Will Likely Rally Again
This coin’s price spike from under a penny to more than 20 cents practically overnight in December. What caused that massive spike? John McAfee publicly gave his support for the coin – a move that gave Verge some serious legitimacy at a time when it wasn’t very well-known yet.
That surge may have blasted the currency to a point where it was overpriced, but the promise behind this coin is still getting a lot of attention. We aren’t the only ones who think that Verge could be the next Ripple (XRP) or Bitcoin Cash (BCH). People are saying that this could be the next Bitcoin (BTC).
Just check out the mainstream article below:
— vergecurrency (@vergecurrency) January 15, 2018
Sure, Verge’s twitter account re-tweeted it. But it’s still a convincing argument as to why this coin can deliver some Ripple-level returns in 2018.
All Verge (XVG) holders are hoping for is a piece of good news, or another catalyst that finally helps this cryptocurrency’s full price potential be realized.
If they sell now, they might be sorry later.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.