Verge(XVG) is a decentralized open-source cryptocurrency that claims to offer anonymous transactions by obfuscating the IP address and geolocation of its users. Transaction are claimed to be untraceable by using technology including Tor and I2P while allowing for high throughput and fast confirmation times.
The coin (XVG), originally DogeCoinDark, launched without an ICO or premine. The developers bought Verge coins just like anyone else.
Verge is currently in the top 30 cryptocurrencies worldwide. It is listed on many major exchanges including Binance and Bittrex.