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Verge Spikes Thanks to its Latest Fundraising Plan Amid Crypto Market Correction

The cryptocurrency market is experiencing another correction, something that is quite usual in the environment, and Verge (XVG) followed the trend. Since December, when the crypto market reached its peak, Verge lost over 90% of its value.

Mar 27, 2018 · 2 min read
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Verge Spikes Thanks to its Latest Fundraising Plan Amid Crypto Market Correction

Verge Spikes Thanks to its Latest Fundraising Plan Amid Crypto Market Correction By Carlos Terenzi in Cryptocurrency News Home March 27, 2018 The cryptocurrency market is experiencing another correction, something that is quite usual in the environment, and Verge (XVG) followed the trend. Since December, when the crypto market reached its peak, Verge lost over 90% of its value. At that time, Verge was being traded at its all time high of $0.26 dollars. Now, in the middle of negative markets, Verge is the biggest gainer. Why? Here are the reasons. Verge Spikes Amid Negative Cryptocurrency Market Sentiment To understand why Verge is now the biggest gainer we need to analyse its latest fundraising and biggest plant. In order to increase the investments to this altcoins, the team has decided to launch a business strategy that is considered to be “the largest partnership in crypto to date.” The company has partnered with “a global organization with a vast network of high traffic sites.” Verge LogoThe developers decided to ask the community and XVG holders to raise 75 million coins in a few days. But things were getting a little bit complicated. On March the 26th, the community could only reach 20 million tokens, far from the 75 million coins requested. But one unexpected thing happened. The privacy-based payments platform, TokenPay, appeared and decided to match donations up to 50 million XVG. The Twitter account @Vergecurrency commented: “Huge news! @tokenpay will DOUBLE all donations today above 50k until we reach 50 MILLION of our 75 MILLION goal! We need your donation more than ever! Provide wallet screenshot + tx id for proof! No proof, no double-up. Today is our FINAL day to get this completed! Let’s do this together.” #VERGEFAM! @tokenpay is matching donations until we reach 50 Million $XVG of our 75 Million $XVG goal! #Vergefam, Lets make this happen TODAY! Please join https://t.co/xjkE9HeMMd and follow the instructions and post screen shots into the telegram group above! pic.twitter.com/A0eMXDjExi — vergecurrency (@vergecurrency) March 26, 2018 The company has reached the target and was able to gather more than 76 million XVG tokens. The strategy convinced many cryptocurrency investors and XVG owners and was able to give good results. Now, Verge is the biggest gainer in the market increasing 25,74% and being traded around $0.04679 dollars. No other cryptocurrency was able to reach this price increase in today’s session. At the moment of writing this article, just 6 cryptocurrencies are operating in the green zone. Image News4C Like this: Like Loading... Tags: Altcoin market, Altcoin News, crypto market, crypto market news, crypto news, cryptocurrency market, cryptocurrency news, how to buy verge, how to buy xvg, verge, verge altcoin, verge campaign, verge crypto news, verge crypto price, verge cryptocurrency, verge market price, verge news, verge price, verge value, verge XVG, XVG investment, XVG news


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