There has been a ton of drama in the XVG community after it's most recent climb in price from 1 cent to over 20 cents and back down to where we are now around 15 cents. John McAfee created a huge buzz when he tweeted that XVG will right a price of $15 per coin. Since then he has retracted on his original statements by saying he was hacked. Was he hacked? Well in my opinion, no he was not hacked. Is he on drugs? Well probably. In any case we have to turn to the numbers to paint a clear picture. For Verge to reach $15 at its current supply of over 14 Billion coins, the market cap would have to surpass 15 billion which would be nearly impossible in the short term. Notice I use the words "nearly impossible" as other cryptos have gone on to break down barriers and achieve market caps that most would have deemed unattainable. For instance XRP Ripple has been on a rampage in the past few weeks and even recently overtook Ethereum for the number 2 spot in Market cap for a while.
If there is anything that can help propel Verge to astonishing price per coin and market cap it will be the release of it's highly anticipated "Wraith Protocol" which would allow users to swap between public and private ledgers. As a hodlr of XVG I can personally attest to the fact that if Wraith is not released in time (By 11:59pm Dec. 31st as promised by the developers) I will be unloading a significant portion of my stake in anticipation of a major price drop due to disappointed investors bailing. Many have invested in Verge after the buzz the McAfee created and have high average costs. I personally invested well before any of this new drama and I am fortunate to have a low average of under 100 satoshis. If Wraith is not released on time my hands will be forced and I will have to lock in profits, and brace for a huge drop off in price.
Here is a tweet from @XVGWhale's twitter:
This single tweet clearly illustrates the hype surrounding the coin, and IMO "verges" on manipulation as XVGWhale has quite the grip on the community. He has thousands of followers and they will ride will most anything he says. XVGWhale in a "McAfee" style tweet promises to eat his own dick if Verge does not reach $1 dollar in 2018. It is still left to be known if all of these dick eating cannibals will keep their word, BUT now they will have to be held accountable as the screenshots have been taken. I have a few questions for my #VergeFam : Do you believe Verge will hit $1 in 2018? ..and if it doesn't, do you think XVGWhale will eat his own dick? Do you think Wraith Protocol will be released in time??
Comment below and let me know what your opinion is!