Verge (XVG), TRON (TRX), and Ripple (XRP): things are happening for all of them, but one coin is up and the other two are down. Which is which?
Verge (XVG) is currently selling for $0.079773, which puts the coin up 15.51% in the past 24 hours.
Verge is one of the few coins up at the moment. So what’s going on?
Announced recently, TokenPay and Verge are looking to release an XVG debit card soon. Chatter picked up quickly on Reddit about the Verge debit card and how it would work.
Our bank deal in Germany as outlined in the #TokenPay Ecosystem Report has now been signed, several weeks ahead of schedule. We expect closing to occur by the end of next week and an official announcement to follow. $TPAY and $XVG debit cards coming soon🥂 https://t.co/YvKQFEVwV4
— TokenPay (@tokenpay) April 26, 2018
The Verge debit card is about opening up exposure and bringing mass adoption to XVG. TokenPay is looking to create crypto debit cards in general, and its deal with the German bank is going to be what gets it there. Verge appears to be first on the list for a debit card – and Litecoin may be soon to follow!
TokenPay was expecting to tie off all loose ends by the end of this week, which could very well explain Verge’s growth today in an otherwise red market. Will Verge continue to grow as the week progresses?
Are you excited about a Verge debit card?
TRON (TRX) is currently selling for $0.088600, which puts the coin down 10.44% in the past 24 hours.
The TRON team released a progress report on the TRX airdrop. The TRON airdrop was announced last week, and it started on April 27th. However, as noted by the update, only about 4% of the airdrops have occurred because of Ethereum network congestion. Could this be what’s pushing TRON down right now?
The TRON team ensures that all airdrops will be deposited – you just need to be patient.
Ripple (XRP) is currently selling for $0.828653, which puts the coin down 2.56% in the past 24 hours.
Ripple fell off last week and has been struggling to come back ever since.
XRP may not be progressing at the moment, but Ripple the company is making moves. The most recent member of RippleNet is BankDhofar, an Oman-based financial investment management company. BankDhofar is looking to use its new Ripple connections to provide its customers global cross-border payments with the help of Ripple tech.
“We are delighted to be the first bank in Oman to join RippleNet and access more than 100 of its member banks and other financial institutions utilizing blockchain for instant payments. With this, we can provide instant, frictionless and secure cross border money transfers within seconds, with end-to-end visibility over the journey of the payment,” stated Dr. Tariq Taha, CIO of BankDhofar.
We still don’t know what Ripple products BankDhofar will be using to achieve this, nor if the bank plans on somehow incorporating XRP itself. Perhaps with more information released, Ripple’s price may begin to swing back around.
Featured image: StockSnap via Pixabay