The price of Verge (XVG), a privacy-oriented cryptocurrency, is currently outperforming a falling market after it was announced that XVG will be listed on Huobi, the third largest cryptocurrency exchange by trading volume.
#vergefam – $xvg is now officially listed and trading on https://t.co/WZDqCznKzx. Thanks to the team at @huobiglobal for working with #vergecurrency. This listing will open doors for our #xvgfam in Asia and abroad. Deposit available 14:30 Jul 31 (GMT+8).https://t.co/Jo95Q1VJx3 pic.twitter.com/W76gSxZnb9
— vergecurrency (@vergecurrency) July 31, 2018
Verge (XVG) will be launched on Huobi Pro on July 31 (GMT+8) with XVG/BTC and XVG/ETH trading going live at New Zone from 15:00, August 1, 2018 (GMT+8). This latest listing announcement pushed the price of XVG up 7% before dipping with the rest of the market, now up 0.83%.
The AltDex Privacy Coin Index (ALTPRV), which defines and monitors cryptocurrencies and tokens focused on privacy or security, has fallen from 107.08 to 98.89 over the past 24 hours, representing a 4% loss.
Other cryptocurrency categories have struggled over the last 24 hours. The AltDex Exchange Token Index (ALTEXC), a benchmark index for the industry’s leading exchange tokens, dropped 5.72% while the AltDex 100 Cryptocurrency Index (ALT100), a single-gauge of the market’s large-cap cryptocurrencies and tokens, is down 3.57%.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.