I think verge is very controlled by whales atm.
But the beauty of this is that when it goes up, it will REALLY GO UP!
I'm watching the trades go through daily and it definitely looks like someone is trying to stop it from going higher. Lots of big dumps, and lots of large sell orders appear, which then get cancelled and dissappear.
Once these manipulators lose control, it will rally hard. So far, they have managed to kill every single rally.