Can Verge (XVG) Really Compete With Monero (XMR) And Cardano (ADA)?


Verge (XVG) has seen plenty of excitement in the past few days and that excitement has reflected in the form of enormous price gains since the recent ‘bullish’ outlook of the crypto markets. Verge has made significant gains in a much shorter time compared to other coins as can be seen in the long green candlesticks in the XVG/USD Chart. The price is still up more than 14% at the time of writing in anticipation of a mystery announcement today at 10 am EST.

Verge (XVG) has been up more than 27% in the past 24 hours and is currently ranked the 18th largest coin by market cap.  Monero (XMR) ranks 11th and Cardano (ADA) ranks 7th in terms of market cap. There are two primary reasons for comparison of these coins with Verge (XVG) apart from investor gossip on multiple online forums wooing for Verge (XVG) to outrank these coins. I have to admit that Verge really has a very strong community but before we discuss that, I’d like to go back to the comparison. Monero (XMR) is a privacy coin same as Verge (XVG) claims to be. The difference is that Monero is a lot more sophisticated and advanced privacy coin with far more use cases than Verge. It also has a more professional team and comparatively more industry recognition and respect. When investors talk about Verge vs Monero that means they are rooting for Verge to outrank Monero in terms of tech as a better privacy coin. One could debate the possibility of that actually happening but at least this is what some Verge investors believe.

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