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May 28, 2018, 08:42:35 PM |
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Part of XVG's price drop is most definitely the broader market, bu even right now, XVG is down by 7.63% in 24 hours, whereas the majority of the market in the top 10 is down by far less. (BTC -.91%, Eth -6.28, Ripple -4.96, EOS -.82%, Litecoin -2.78%, etc.)
Over the last 7 days, Verge is down -31.81%, while BTC is down -13.66%, Eth -24.13, Ripple -15.14, and EOS -8.20. Among the top 100 coins on Coinmarketcap, only 8 or so coins did worse among the top 100 coins. Meanwhile, Vice Industry Token is up 38.21% for the week on this news about Verge and other news.
That's why I'm saying Verge appears to be having a really bad week. That story also indicates that their partnerships may have been oversold.
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