Wow! Way to get back in the news Verge
If you haven't heard the news about a pending huge partnership announcement by Verge you either live under a rock or have shunned all crypto news, which after the boring last 3 months, I totally understand.
So, Verge (XVG) announced they have a huge partner in the winds but needed to raise capital to consolidate the deal.
With this news, Verge successfully raised the 75 million Verge coins via crowd funding which equated to approximately the $3 million USD needed.
In true Verge style they delayed and didn't release the Partner name straight away.
Verge instead fueled mass anticipation and advised it will be announced on the 16th of April.
My first reaction was oh God, it's Wraith Protocol all over, I can't do this again.
After investigating further it's hard not to get excited but I will stay cautiously optimistic.
Verge are claiming this will be the biggest Crypto Partnership the world has ever seen.
Will see them push into top 3 Coin ranking.
Big claims, very bold, I really hope this announcement delivers.
Either way, the tactic I will be taking from here to the 16th of April is:
Buy, buy, buy on Binance.
Set a trailing stop loss for about %10-15 behind it each day so I am getting out when/if the price tumble starts. (it's not that I don't trust you Verge, but ....yeah, no I don't trust you)
Great video on youtube by Crypto Love on setting stop losses on Binance here:
Plenty of other good ones to, Crypto Love content is just one I follow.
So now we wait and see what it is.
The rumour's are flying thick and fast but the one I like the best is the Amazon one.
How amazing would it be if Amazon was the Verge partner!
With Verge's Wraith Protocol giving users the ability of switching between the private and public ledger, I can see how it could appeal to Amazon.
It makes sense I guess but surely that is too good to be true.
Verge did say it's massive though.
Who knows?
If you do know though, please tell me!
Or just reply below with your best guess at who this mystery partner will be.
At the very least, we have something exciting happening again in the Crypto World again and that is a great feeling as this Bear Market has sucked the life out of us lately!!!
The wait begins.
Thanks for Reading
Keep Chasing that Dragon
- Dahmsy79