After enduring a very bad spell in the market for quite some time, Verge (XVG) is beginning to show glimpses of revival as it continues it good run which was ignited by its partnership with NetCent.
While Verge may not be the standout performer in the crypto market, it sure is holding up strong. Verge opened today with a trading value of $0.0138, however, as at the time of this writing, an XVG is exchanging hands at $0.014002.
The daily trade volume of Verge is also up, a total of $2.3 million of the currency has been traded in the last 24 hours. Its market capitalization of $212.4 million makes it the 42nd most valuable cryptocurrency.
New Partnership After Signing with Verge XVG
After putting ink to paper with Verge, crypto payment platform NetCent has gone on to sign a 5-year partnership with High Risk Commerce LLC (HRC), a financial institution running hundreds of Independent Sales Organizations.
This partnership was announced just days after NetCent and Verge announced a partnership deal tagged Project Mass Adoption which will see both organizations pool their resources together in a bid to attract the public towards cryptocurrencies.
Verge’s partnership with NetCent has been well received by its community. The partnership is both timely, and step up from previous partnerships. Although Verge has amassed a slew of partnerships over the last couple months, however, these partnerships have yielded little to no returns.
Verge (XVG) Embarks on Mass Adoption Campaign
The core team of the Verge currency has embarked on a campaign to aid the mass adoption of its digital currency. Verge announced the ‘Fueled by Verge’ as its next big initiative to spread the awareness of XVG and educate the public of the cryptocurrency.
Attaining global recognition is something every cryptocurrency wishes to get, deploying different methods to meet the target. The initiative is similar to the ‘Pay With Litecoin’ initiative embarked upon by Litecoin Foundation a couple of months ago.
‘Fueled by Verge’ is already drawing attention, with NetCent being one of its first big partners, and perhaps will bring the desired effect to the Verge currency. If executed properly, XVG would enjoy a huge boost from the campaign, and perhaps move up the cryptocurrency ranking.
How Verge’s core team plans on carrying out its campaign for mass adoption remains to be fully relayed to its community. One thing is sure, if the currency is to be embraced globally, the Verge core team and its community has to embark on rigorous marketing and social media publicity.
Like every other digital asset that has been around for long enough, Verge is currently miles away from its all-time high, and for Verge, its highest ranking according to market cap. Verge’s movement is a positive sign for the ‘Fueled by Verge’ campaign, which is aimed at returning XVG to its once enviable state.