Verge is the privacy-oriented coin, one of the hottest coins in last two months. Verge team is developing the whole stack of technologies which will help users to protect their privacy in the future. Apart from integrating both i2p and Tor anonymity architectures, Verge also delivers muti-algorithmic mining support that makes it possible for miners that use a wide range of hardware to participate in mining and network maintenance.
- The coin recently went through the hype about the 51% attack. Discussion started on the 4-th of April, from the post of one of the representatives of the big mining pool on the bitcointalk forum. XVG price showed a limited reaction to the negativity due to Attack. The team reacted fast and assured that they did fix the vulnerability of the system, and the amount of illegally mined coins will not have any influence on the price. Stolen coins, still, will be left for the attackers. Many Verge holders attributed the events to media attacks in anticipation of the promised revelation of the mystery partner on April 17.
- A tweet from the CEO of TokenPay on April 8 revealed that TokenPay is most probably the mystery partner and had a vision for the collaboration saying “meeting in Munich earlier today for breakfast with key stakeholders of the German bank. A deal in principle has been agreed upon by all parties. We will provide full details at closing, but can say that TPAY and XVG debit cards are likely coming soon.”
- In the recent post on Medium Verge team announces official press release on 10 am EST April 17 (14:00 UTC April 17).
Quote from the post on Medium: "This partner owns one of the largest payment processors on the internet with several hundreds of businesses routing their payment traffic through them. The partner is going to be supporting Verge Currency by rolling out a global marketing campaign with continuous marketing effort throughout the year."
Yesterday the coin bottomed at the 0.00001 level, confirming it's supportive power After touching the 0.00001 level XVGBTC went upwards, allegedly as a reaction on published by team post on Medium. Nonetheless, the coin did not manage to break above the recent peak at 0.0000135 and now trading slightly below this level. Today announcement will bring high to the market and possible rally. The breakthrough of high at the 0.00001443 will be a signal to buy. 0.00001 level should play a supportive role in the growth scenario.
As comments to the announcement go: "Porno giant Pornhub decided to get into crypto and start to except payments in Verge".
After an initial shock, in my opinion, people will start to value this partnership more :)
But on the other hand, it is unlikely that this partnership meets the expectations of the majority.
Anyway, it will be exciting to see, how it will go :)