Verge Price Plummets After Pornhub Partnership Announcement

If you were paying attention to the cyrypto markets yesterday you surely heard the news of PornHub’s announcement to accept Verge as a method of payment.

In the hours following the announcement, the coin, which trades with the ticker XVG, went as high as $0.11, a large jump from the pre-announcement price of $0.08.

Despite the hysteria surrounding the news, the coin failed to hold its price, dropping below $0.07, a significant drop, even for the crypto space.

Regardless, the coin has gained approximately 140% since last month and 1365% in the past 6 months, according to bitscreener.com.

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