Verge Currency: Breaking Out Of Pattern
XVG is leading the way among altcoins after reports of Huobi listing. Volume has dramatically increased after a slow period in trading, coinciding with the apparent bitcoin reversal. Many are taking this as a positive indication for an increasing price of Verge.
Huobi is a leading cryptocurrency exchange, with over $1,000,000,000.00 USD value trading volume in the past 24 hours alone.
Huobi has offices in Singapore, the United States, Japan, Korea, and Hong Kong.
What does this mean for XVG?
Bull Sign For Traders
- More Trade Volume
- Potentially: less XVG will be available on the sell side of other exchanges, such as bittrex and binance, as some could flow to Huobi
- Exposure to new traders in 130 countries around the world
XVG HODLers Rejoice
Along with exciting developments from the Verge Core team and the Verge Currency community, vendors have been racing to accept this digital currency as a form of payment.
This listing may be the spark that ignites the next “moon season”.
Time will tell, but one thing is for sure: hope has been restored.