Crypto News Update: Vechain Price Surges by Over 40% After Announcing Its Partnership with Walmart

The massive rally in the crypto market is back. After shedding a little fraction of the gains they amassed over the weekend, the top cryptos in the market are back on their feet. The world’s dominant digital currency – Bitcoin (BTC) – which corrected towards the $10,500 mark, is now back over the $11k mark. BTC USD live price is $11,400 after an increase of more than five percent over the past twenty-four hours.

A host of altcoins are also experiencing these bullish waves, as the price of XRP is now at the 47 cents level. XRP USD price is heading for the short-term XRP price prediction of 50 cents, which it might test by the end of this day. One of the highest gainers over the past twenty-four hours is Vechain (VET). The price of Vechain (VET) is heading to the moon. Over the past day, VET USD live price has surged by more than 40 percent. The digital currency just broke over the short-term Vechain price prediction 2019. This bullish crypto news update also has an impact on other coins, as the majority of coins in the market are now in the green. However, the massive rise in the price of Vechain is not ordinary. VET USD price surge was triggered by its partnership with Walmart.

Vechain Price Skyrockets as It Partners with Walmart – How Far Can the Price of Vechain Go? – Vechain Price Prediction 2019

According to the recent bullish Vechain news today, the Shanghai-based blockchain company just partnered with Walmart – one of the biggest retail firms in the United States. This Vechain news was disclosed a few hours ago on LinkedIn by a senior director at PwC – Tom Foth. Foth’s post stated “At the Walmart, Vechain (VET), PricewaterhouseCoopers announcement of food safety tracking of foods Walmart sells in China. Vechain is providing the blockchain technology.”

At the time of writing, there is no official announcement from Vechain yet. However, Sunny Lu – the Chief Executive Officer of Vechain – has been retweeting the tweets about the partnership. In a tweet, the CEO said “I really want to wait for official release. And PwC fellows are quite proud of what we have achieved together.”

Lu has been replying to a series of tweet related to the partnership. The entire Vechain community is happy about the partnership. A partnership is one of the major factors that contribute to the relevance of a blockchain project.

Vechain Price Analysis – Vechain Price Prediction 2019 – Vechain Price Forecast – Vechain News Today – VET USD Price – cryptocurrency News Today

The early announcement of this partnership seems to have an enormous effect on the price of Vechain. The partnership is seen as a very bullish Vechain news, and it has increased the price of Vechain (VET) by more than 40 percent at the press time. The market cap of Vechain has also surged significantly to about $551.66 million. At the press time, the immediate support of Vechain is at the $0.00950 level. On the upside, the immediate hurdle of the coin is at the $0.01000 mark.

VeChain (VET) Price Today – VET / USD

NamePrice
bitcoin
Bitcoin
$8,485.68-0.99%
vechain
VeChain
$0.00766.47%

At the time of writing, VET USD live price is $0.009940 after an increase of about 40 percent over the past twenty-four hours. The current market cap of the digital currency is $551.66 million. The trading volume of the digital currency over the past twenty-four hours is $185.36 million.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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