Verge (XVG) price explodes 35% after split between Pornhub and PayPal!

Verge (XVG) price explodes 35% after split between Pornhub and PayPal!

Verge (XVG) price explodes 35% after split between Pornhub and PayPal!

After PayPal decided not to support the well-known porn site Pornhub anymore, the price of the cryptocurrency Verge (XVG) has risen sharply. XVG has been accepted as a form of payment on Pornhub since April 2018.

Pornhub, probably the world’s largest website for “adult entertainment” announced on Thursday that the payment processor PayPal had unilaterally decided to not pass on payments to more than 100,000 of their “actors”. Pornhub is now trying to set up alternative solutions for those affected as soon as possible.

Verge (XVG), the Pornhub Partner Coin

This development should be especially pleasing for supporters of the cryptocurrency Verge (XVG) because this is next to checks and the billing service provider Paxum one of the remaining payment options on Pornhub.

Verge markets itself as a Privacy Coin, although its actual privacy features are often in doubt. In April 2018, Verge had entered into a partnership with Pornhub, which, however, could not stop the decline of the once-popular coin. Currently, Verge ranks only 63rd on the CoinMarketCap leaderboard.

Verge (XVG) price goes through the ceiling

However, Verge now seems to have profited greatly from the separation between PayPal and Pornhub. Over the past 24 hours, the coin has gained an impressive 35 percent in value and is currently trading at around $ 0.0053. The trading volume quadrupled between Wednesday and Thursday and continues to rise.

About Viktor Sokolov 163 Articles
Nerd, entrepreneur & coffee aficionado. Believes that blockchain infrastructure and bitcoin will be the money system of the coming decades. Trying to make visible what this means for technology, economy, companies and societies.

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