One of the most attractive partnerships Verge has managed to acquire is their pairing up with MindGeek, which brought them to anything less but PornHub. Ever since the announcement that Verge will be partnering up with MindGeek so that PornHub would accept XVG as a form of payment for millions and millions of users on their official streaming platform, Verge has probably been the most talked-about coin ever since April 17th, which was the original date of announcement for the long-awaited partnership that cost 75 million XVG units. Now with another partnership on the rise, Verge has once again stolen a spotlight in the crypto community.
Verge is Partnering up with TrafficJunky
Not only that the partnership with MindGeek brought Verge more exposure as this currency is being used on PornHub as one of the payment methods for millions of users of the biggest platform in the adult entertainment industry and beyond.
Given the fact that the initial industry is one of the heaviest when it comes to market capitalization, Verge has an ultimate unlimited chance to gain more on its exposure, which will make XVG to exponentially grow thanks to the mentioned case.
Moreover, the partnership they have acquired with MindGeek, which brought them to PornHub given the fact that MindGeek actually owns PornHub, has further brought them to another important partnership that could greatly contribute to the further growth of this currency.
Along the way, Verge has become more popular as it is progressing towards its goals, allowing it to become one of the most trending digital assets, mostly thanks to the fact that the hype revolving around this partnership was pretty intense on all major social networks and coin news portals.
The partnership PornHub has made possible for Verge is going to be officially concluded on May 7th, when the partnering up with TrafficJunky will be sealed.
TrafficJunky accepted the partnership, not only because PornHub is an affiliate of the mentioned company y, but also because they could also predict the potential visible in Verge.
TrafficJunky is an advertising network that helps its users to promote their business. This company is one of the leading foundations in this area, so they are proud to have over one billion of impressions per day by using targeting with perfected market strategy.
As of the recent events, TrafficJunky has announced that all users would be able to get their TrafficJunky accounts funded by using XVG for making payments.
After the partnership with MindGeek that Verge has earned with organizing a massive crowdfunding campaign that ended as a massive success, having TrafficJunky accepting XVG could most certainly affect its exposure in a positive way further from this point.
How is Verge doing at the Current Moment?
It seems that the market became a bit sluggish as the majority of cryptocurrencies are trading in the red for more than 24 hours as all digital assets are following the latest trend in the market – dropping against the dollar while causing drops on a massive scale when it comes to the number of the dropping coins.
At the current moment, due to the most recent change in the market, after trading in the green for quite some time during a massive rebound, XVG is dropping against the dollar while trading in the red.
During the course of the last 24 hours, Verge has dropped by -5.14%, while it was also trading in the red against BTC.
XVG has dropped against Bitcoin by -2.02%, which means that BTC is actually doing better in the market at the current moment.
Following the latest change, XVG is currently being traded at the price of 0.075$ per one unit.
Verge has made its all-time high back at the end on December of 2017 when this currency was being traded at the value of around 0.22$ per one XVG unit.
It is expected to see Verge rising up against the dollar, once the market starts recovering from a mild wave of drops that have been going on for less than the last 48 hours. Verge couldn’t go against the trend, so instead, it went down against the dollar while also dropping in oppose to BTC.
However, having XVG partnered up with TrafficJunky will most certainly contribute to the most recent case of dizzily trending up in the crypto community and beyond.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Sarah Gerke via Flickr
Ripple XRP Mega Breakout: What’s Next?
The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:
Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.
XRP is now sitting at .51704 as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.
Ripple XRP Mega Breakout
The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.
While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…
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Litecoin underwent a hard fork in the past, and that is what led to the creation of Litecoin Cash. Bitcoin has also experienced a hard fork, which has led to the creation of Bitcoin Cash, so this trend is not necessarily brand new.
Forks have occurred pretty often now in the cryptocurrency community, and the perception is that it probably will continue to, as long as the need (forks are often created to overcome issues faced by the originals) remains there.
While the market has been bearish for most of the year, it has been showing some definite signs of life, especially when we look at the kind of price action that has been happening with Ripple recently. Litecoin is also rising in anticipating of its hard fork, which is to be expected.
For those who are unaware, Litecoin Cash was created earlier this year. 10 Litecoin Cash was given to every investor who had 1 Litecoin – and that one move, it’s easy to see, was very massive concerning value.
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The digital asset of XRP, did something spectacular on the 18th of September when it shocked the crypto-markets by rising in value by 21%. In a time period that was less than 5 hours, XRP spiked from levels of $0.273 to those of $0.332 and has continued rising. The digital asset is currently valued at $0.36.
The reason for the sharp increment in value of XRP was news that the Ripple company was going to launch xRapid in the next month or so. This was after the firm’s head of Regulatory relations for Asia-Pacific and the Middle East, Sagar Sarabhai, made the following comments during a CNBC interview on the 17th of September:
“I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production.”
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