According to Zuckerman (2018), adult entertainment streaming site Pornhub has announced a partnership with cryptocurrency Verge (XVG) and will now accept the coin as payment for Pornhub Premium and all Pornhub purchases, according to a press release published today, April 17.
Pornhub is a very familiar website for all of us. You may not know about Verge, but I am very, very, very sure that you will know about Pornhub. It is the largest porn website with the largest amount of visitors.
It is actually a very good news for Verge. We expect that its price would be skyrocketed. It actually reached the highest point, which is 0.115USD, but after that, it dropped a lot until reached 0.07USD. Why would the price reached the highest point just only temporary and dropped suddenly?
There are people who stated that the Verge's partnership with Pornhub is a scam.There are also people afraid the Verge would be the next BitConnect.
So, this is a trap or a chance?