Not to knock the value of this coin or anything, but if you are wondering why it shot up so fast, I think it may have something to do with John Mcaffe mentioning it as a coin that cannot lose. Not long after he said that it shot up.

https://cryptovest.com/news/john-mcafee-verge-xvg-is-the-best-buy-xvg-price-doubles-overnight/

Verge will likely come back down to test support somewhere between 0.03 and 0.04 cents (possibly 0.045 cents), and then go up from there.