The retracement on the spike up that we had previous to the announcement for several weeks seems to have almost hit .618 levels, so there's a potential...especially with the momentum we have with the MindGeek partnership to board XVG as their only cryptocurrency payment system. XVG was approached by them because of the privacy and security of the currency. A quick Google search of "MindGeek" will show you everything that happened today.
I think there was a lot of fear when the announcement first came out and it caused a lot of panic selling. The announcement (partially because of twitter downtime) we delayed and distributed to in pieces over the course of thirty minutes to an hour...then we suffered massive paper losses as this thing finally came down from the FOMO run.
Honestly, I think as more people read about this partnership and stop believing in all the FUD they see out on Twitter and reddit...they'll realize that the insanely massive exposure to the Verge name alone is worth it to us holders, let alone an endorsement. They ended up selecting Verge as their currency to enter the crypto market with. WIth hundreds of millions of users daily, international presence, SEO expertise, etc, etc, etc...This should be a great way to potentially introduce a lot of people that don't know about Verge to it and even be able to convince people that it is their most secure/private/anonymous option out there for these kinds of transactions!
Could write a book on all the media coverage from today (PCMag, Yahoo, Forbes, Fortune, Business Insider, Mashable, The Verge, a tons more)
Hold tight, maybe a slight dip down further but I'm expecting a rally from there and some ATH coming up in May