The drop was because of the crypto market. In the last few days the crypto market was downward that is why the price of all of the coins was downward. It happens because people have their money in these coins and they want to secure themselves from the dump and keep their money at a side and when they see the price rising again then they again invest their money in that coin from which they get aside.

Now the market of all of the crypto is going to be better. There are many reasons for that which also include the FIFA worldcup in which many people will feel convenient to use crypto. As the use will be international so in that case people like privacy coins and in that it is pretty sure that the price of XVG will boost up much higher.

The adoption of different companies in this year of XVG is at the peak and the halving also occurred in this year which means that when the market will recover then the price of XVG will increase at a double speed.