The well-known adult content site Pornhub starts accepting cryptocurrency for its services, namely Verge (XVG). The news about this has been published today on the Pornhub website and also in Verge’s (XVG) Twitter account.
“The future has come. In our efforts to keep current with our community’s privacy and payment preferences, Pornhub will now be accepting Verge as a means of payment for services like Pornhub Premium and more, on our platforms. Building on Verge’s core values of security, anonymity and practicality, the introduction of this cryptocurrency as a means of payment Pornhub signifies an important foray into the future from the industry that is always on the cutting edge of technology,” Pornhub has announced.
Such a statement cannot be accused of excessive pathos, as history has shown that the adult entertainment industry plays a crucial role in the introduction of innovative technologies.
The partnership between Pornhub and Verge has been discussed for over a month at the rumor level. It was these rumors that inflated the price for Verge (XVG) by about 300%. But today’s joyful news for crypto-enthusiasts and lovers of adult materials has led to a deep fall in Verge’s price. Most likely, investors who invested in rumors, decided to get their profit. This is quite logical, because it is due to the beginning of official cooperation Pornhub and Verge and such investments were made.
According to CryptoInfoBase, Verge’s price decline is temporary. This decline will allow entering the market to a large number of belated investors who expect (and not without grounds) that the popularity of Pornhub will raise the price of Verge (XVG).
Featured image from Pexels.