Verge has been struggling to hold onto its price levels this month; it’s already down 30% from the 65% surge it had at the end of November when the Bithumb exchange listed the asset on its platform. News this week that the Australian crypto payment gateway platform, ‘Living Room of Satoshi’ integrated XVG to allow citizens to pay their house bills with XVG has done little to attract new support to slow Verge’s decline. Popular motocross brand MX4Life also failed to captivate the crypto community when it added a new XVG payment option for its clothing apparel website four days ago. Bulls have even been slow to respond to TokenPay’s recent announcement that Verge will be one of three free trading pairs available on the new eFin DEX scheduled to go live next week on December 19.
It seems that short-term traders have only shown interest lately when the asset has been listed on major exchanges - riding the intraday pump and then cashing out in droves into more secure coins. Unless longer-term HODL’ers start to return to XVG soon, it’s likely that Verge will struggle to maintain altitude in the market over the rest of this year.
Right now XVG i...
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