After a month of rampant speculation, the Verge-Pornhub partnership was finally announced this week – and they did so with a bang. A bang that was worth more than 300,000 in $XVG.
#VergeDay is upon us! Your favorite adult brands are now accepting @vergecurrency to pay for memberships +more and to celebrate we’re giving away over 300K $XVG! RT and follow @vergecurrency to WIN! #vergefam pic.twitter.com/32Rl2WOHMg
— vergecurrency (@vergecurrency) April 17, 2018
While that certainly made some people happy, it seems that the consensus is not so positive. Soon after the announcement, Verge went down to $0.06 (as of April 19).
However, as things go in the crypto world, change came in the blink of an eye. Before you could even say “You can now use $XVG to pay for Pornhub,” the cryptocurrency leaped in value. It’s now at $0.07, which may seem small at first glance, but if you do the math, that’s almost a 15% increase!
What is the reason for this uptick?
Yesterday, we saw a tweet pre-announcing a Verge MoreFun partnership, which will allow users of the Chinese mobile app maker to use $XVG for trades and in-app purchases.
GREAT NEWS! AFTER MEETING AT #MOREFUN HEADQUARERS, ICO CANCELED!
ANNOUCMENT VIDEO COMING SOON! Sunerok, text me, ty. pic.twitter.com/MbQoAkF36R
— XVGWhale (@XVGWhaleReal) April 19, 2018
MoreFun has a strong focus on mobile gaming, which attracts considerable revenue via in-app purchases. That being said, it is not a surprise that the Verge MoreFun partnership has resulted in the latter’s ride to the top (for now at least).