The crypto-verse’s market is getting even more unpredictable as on a daily basis there is one coin (mostly altcoins) that stands out tremendously compared to the others. In most cases when the bears are having the saying, the token values are not impacted that heavily by any team announcement, chain improvement news or partnerships taking place. However, this time VeChain (VET) just hit it right.
VeChain VET Price and Latest
The pair VET/USD is up for 10.50% in the last 24-hours reaching a 30-days highest of $0.01952. Accordingly, it is leading the BTC market with 9.69% while trading a volume of almost $40 mil in the last day. If the token price makes it above the $0.02000 mark it would opened gates and welcome even more bulls ensuring further gain for the upcoming days.
Sunny Lu – founder of the 17th largest cryptocurrency by market capitalization which is attracting growth very speedy, added his comments on the future of the network during a live chat on Youtube.
The commentary started with a Mr. Lu praising the VeChain community highlighting out that it is one of the best and great examples of a crypto-community. He cited the extension of the X-node binding time window as one of the main actions the team took as a result of the community input. He confirmed that another partnership will be added to the current line-up of automotive companies that includes BMW and Renault.
PICC or People’s Insurance Company China – one of the leading insurance firm based in China has partnered up with VeChain – accordingly with Forbes post and VeChain’s announcement.
“Collaborating with PICC expands our business within the insurance industry. We are confident we will provide great service and products to PICC, together with DNV GL.” – Sunny Lu
Additionally, vie the VeChain Foundation twitter page the team announced that MainNet v1.0.2 is released with various improvements and fixes.