Ripple (XRP) and Verge (XVG) Win Big As Binance Plans To Add USD To Its Trading Pairs

April 19, 2018 showed a further surge in the 3 day trend of an increasing crypto market. At time of writing, the total world market cap was USD $360 billion, up just around 11% from the start of the week.

Two big winners of the day were Ripple (XRP) and Verge (XVG) as the world's largest Cryptocurrency Exchange, Binance, announced ADA/BNB and ADA/USDT pairings; investors began speculating that the site would be adding USD pairings. The "frontrunners" of such a pairing were Ripple and Verge.

Ripple is an oft-controversial crypto as it is not decentralized, rather it is "premined" by it's developer and sold into the market. However, with partnerships announced for Moneygram and Western Union, it has gained much popularity, becoming the 3rd highest cryptocurrency in terms of market cap.

Verge has been controversial this week as there was a "big announcement" that turned out to....come short...of delivering. Do a search for "Verge partnership" and you will understand the pun.