After conducting an in-depth discussion with a panel of experts and based on the interviews with a group of investors, miners, journalists, skeptics, and influencers, we have carefully structured this segment called the sentiment analysis. From the numerous pieces of advice and opinions offered by the experts, we have selected a few and have quoted here in this segment. These include sentiments from people across the globe and the present market trends. This analysis is on the cryptocurrency Verge which is at the 20th spot in the rankings.
Verge [XVG] has literally pulled off a miracle by fighting hard in the midst of deep peril. Verge has suffered an attack from an unknown hacker who exploited a bug in the Verge cryptocurrency network code to mine Verge coins and has had it for a time period of 3 hours. However, the Verge team responded by initiating what is known as the ‘accidental Hard Fork’ in response to the hack with was supposed to be a fix done by Verge. Despite all these issues, the price of Vege still looks green and has an upside momentum.
The coin at 3:14 PM UTC was priced at $0.068 with a market capital of $1.019 billion. The coin peaked an intraday high of $0.0735 at 8:49 AM which rose from a price range of $0.067-$0.068. Although the coin is back in this price range the community is bullish.
To conclude, 71% of the Verge respondents feel that the future looks good enough for Verge and it seemed to have pulled through the worst times. Another 29% of Verge respondents feel that the coin’s statistics are not good enough to give it any long positions.