The cryptocurrency market isnt demonstrating any support to altcoins, a few monetary standards are doing great and some are experiencing awful occasions in the market. The main digital currency bitcoin is still under bearish weight, in any case, Ethereum and Ripple are doing great today. Then again, one cryptocurrency in the market which eclipsed beating numerous other significant monetary standards, which is the Verge.
As of now, Verge is exchanging at the estimation of $0.003881 and the estimation of the cash is expanding by 2.77%. The market capitalization of the cash is $62,029,629 and the 24-hour volume of the money is $3,920,004. The coursing supply is 15,982,868,119 XVG.
New Source: Thecoinrepublichttps://www.thecoinrepublic.com/verge-xvg-price-analysis-xvg-bulls-outperformed-major-cryptos/Seems like that XVG has fallen again to the ground from a correction.
ETH and BTC are doing very well today. If this uptrend continues, we could see a market wide recovery in a few weeks that would drag the entire altcoin market up with it. However, there is still some downside risk that should be accounted for.
Personally, I don't see much point in investing in XVG because it's supposed to be a privacy coin, and there are plenty of better privacy coins out there with more practicality like XMR. I'd only trade XVG for its short term volatile movements, which I don't think is ready to happen yet given the somewhat bearish sentiment still.