Verge (XVG) had a tough time in 2018. The cryptocurrency has dropped from the top 20 to number 40 due to some controversial partnerships, as well as the bearish effect of the market. The partnership with Pornhub resulted in a lot of misunderstanding among Verge users.
Despite the great decline, it looks like Verge is finally stabilizing again. Recent partnerships and development show that Verge (XVG) will be at the top again. The news last month were a good sign for XVG. Will they lead XVG to get to the $1 mark?
Technical Analysis shows that Verge (XVG) can increase more than 1000%
In January 2018, Verge reached an all-time high. The upward trend at the end of 2017 led XVG to a price of around $ 0.1. But since mid-January 2018, Verge dropped from $ 0.1 and reached $ 0.02 in March. After the announcement of the partnership, the price increased back to $ 0.1 on April 17, but after the announcement, Verge suffered a major decline.
In the first two weeks of September, the crypto derivative market strengthened the prevailing losses. Verge’s (XVG) recovery from $ 0.12 to the $ 0.02 emergency restraint shows that the Verge is not far from reaching the $ 1 mark.
At the time of writing, Verge was trading at a price of $ 0.015, up as much as 1.12% in the last 24 hours. In recent weeks, the market has shown bullish signs. It may not be like the end of 2017, but it will still be a good sight for the currencies to rise.
Verge (XVG) Integration on the Ledger Nano S
The Ledger Nano S physical portfolio supports more than 30 cryptocurrencies, including Bitcoin, Ethereum, XRP and other top digital assets. The adoption of Verge for the Nano S is a big boost for XVG. This will make life for Verge users more secure, simple, and provide with backup and restore options. The hardware portfolio is built around a secure chip, offering optimum security.
The integration on the Ledger Nano S is refreshing news for any HODLer, whose coins are stored in the online wallet online or on a exchange. There is always a threat of hacks and other technical flaws when keeping funds on a Exchanges. HODLers can withdraw their coins from the exchanges and place them in a safer place in cold storage. The Verge Hardware Wallet is still under development.
Verge (XVG) available at 20,000 ATMs
Bitnovo, a Spanish company that makes it possible to buy crypto with credit card and bank transfer throughout Europe, including Verge (XVG). Users can buy XVG across Europe through this platform. The company has about 20,000 ATMs from where users can buy Verge. This adoption is a great victory for Verge, as it will increase the adoption of XVG throughout Europe
Crypto Planet Accepts Verge (XVG)
Crypto Planet is one of the largest online retailer of digital goods. As of now, Crypto Planet users can buy products with Verge (XVG). The adoption of Verge is improving rapidly, as Bitnovo and Crypto Planet have both integrated Verge into their services. As the average citizen is becoming more familiar with crypto, more customers and shopkeepers are choosing to use digital coins instead of fiat or VISA cards.
Time to buy?
Is this the time to buy Verge? The facts speak for itself, but you can never know for sure. In any case, Verge is making big steps towards a massive acceptance of XVG as a means of payment.