Recently, the XVG shows a specific upward movement. What is the reason for this? Are there any thoughts on this matter, can it grow even higher when it is worth selling it?

https://twitter.com/pornhubFunnily enough this is probably the first and last time that it's possible to provide a link to Pornhub's Twitter to answer a crypto-related question.

There's also pornhub.com/crypto
I don't understand why the price is dipping so hard.
Mindgeek is an extrodinary partner, and from what I'm seeing so far, I suspect they might start a joint marketing campaign.
Lol.
The traders who bought low are dumping, so we are seeing coins changing hands now. Check the chart and see that a sh*t ton of Verge was dumped on all those people who bought the 'good news'.
Expect some newly christened Vergeans to hype this coin all over the altcoin section in an attempt to recover some of their losses.