The cryptocurrency market appears to be nearing its recovery phase, and analysts, as well as traders, rejoice at forecasts that brighter days are expected for cryptocurrency investors.
Verge (XVG) seems anonymous in the cryptocurrency market, but the privacy-oriented cryptocurrency is not far behind in the current phase of growth of the cryptocurrency market, as XVG records growth of approximately 60% in just one month. Beyond the expectations of many within the ecosystem, Verge recently showed impressive performance.
According to data extracted from ICO Analytics, Verge (XVG) presented the best performance among all privacy-oriented cryptocurrencies in June. Above any other privacy currency, Verge (XVG) posted a 60% growth return last month.
PIVX and ZEN followed XVG with 22% and 8% respectively. Beam posted a 2% return in June, while other cryptocurrencies had a negative return.
OneUp Asia, a cryptocurrency research and monitoring platform, also uncovered XVG's impressive performance on the market last month.
The monitoring platform revealed that of all the cryptocurrencies that have major events ahead, XVG showed the best performance in a month, even before Cardano, TRON and Zilliqa.
Verge (XVG), which expects its halving event, on July 13 to be precise, presented a growth of 58% in one month, while Cardano and TRON, which at that time, await the launch of Shelley and TRON 4.0 respectively, presented only 11.1% and 0.9% performance respectively.
For quite some time, Verge (XVG) has been printing steady growth in the market, but many seem to be unaware probably due to the currency's position on the market table (70).
According to Coincodex, Verge (XVG) registered the 23rd best performance in a month among all cryptocurrencies in the ecosystem.
With a growth of 26% to date of the post, Verge (XVG) is ranked as the 23rd best performing cryptocurrency in the cryptocurrency market table.