Wraith Protocol basically allows true anonymity by hiding transactions from the Verge blockchain, making it the stealthiest coin of all.
Because of that, XVG has been climbing for a while already. But the real explosion is about to happen in my opinion.
I noticed multiple large buy orders at the 116 - 120 range today, accumulating for (most likely) tonight.
It's going to be volatile and it's going to be rough, but real short-term profit will be possible.
Check when the Wraith Protocol is due here: https://wraithprotocol.com/
Once the wraith protocol releases, XVG will likely decline in price (until all criminals in the world start using XVG due to truly anonymous transactions), lul! =P
It might still happen a few hours later though.
I guess I'll place a sell order at 130 and go to bed =(
But for now, yeah.. I suppose you can hold. Better than selling now. It'll turn back up in a few days after Wraith comes out anyway.
Anyway, I sold my position last night. I've decided there's a lot of money to be made on the PUMP & DUMPS like POT coin. Now some Credit Card coin or something is being PUMPed. Something new everyday.
But the reason Verge DUMPED was because of people's SL's triggering while they were asleep.
I bought PIVX yesterday... but I sold it when I realized it seemed to be in a range and I don't know when anything new is coming out. Anyway, I am in 1stBlood coin right now because they will have a product launch in a couple weeks.