RE: Up and coming #1: Verge Coin

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Up and coming #1: Verge Coin

in crypto-news •  7 years ago 

I would be careful with Verge. Personally I was able to take my position from $0.06 to $0.22 very quickly, but it screams pump and dump to me. If you are in tech or friends with software engineers they will tell you how challenging it is to hit deadlines and release dates. Verge has been talking about Wraith Protocol for a while now and missed their intended release date twice. This would not be such a big deal if they hadn't announce a countdown clock to its release on their website, bringing people more hype about its arrival. If you are a serious dev team you wont put a countdown to an upcoming release on your website to protect yourself from missing the deadline. Also the clock acted as a hype multiplier by giving people the confidence that there would be positive PR at the end of it all.

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