I don't see the issue, crypto as a standard shopping coin has rarely worked out, it is just easier to use your bank card or credit card for day to day transactions. The porn industry however is massive, and people are less likely to want to pay via credit card and have it show up on their statement. So with XVG being privacy-focused it really does make sense partnership-wise. I always thought Crypto is better suited to gambling, porn etc myself.

It is a big announcement. The subsequent fall in price is normal for crypto, the rumour is usually more profitable than that fact itself.

I see this as a good deal for Verge and I expect the future value to benefit from it too.