Why verge is going down ?
For people that did not followed the news about this coin (like me) it is still a secret why it went up in may:
https://coinmarketcap.com/currencies/verge/It was pumped from 10k usd to 7 mln $ daily volume in a moment and then started a wild ride. The growth can't last forever and the current rate can't be stable.
Btw the recent price decrease is not that hard as it was some time ago.