The crypto market is getting more and more unpredictable as it seems that each day there’s once coin that stands out a lot compared to the others.
In most of the cases, especially when the bears have the saying, the token values are not impacted by teams’ announcements, partnerships or chain improvement news. On the other hand, VeChain (VET) managed to do so.
VeChain current market state
The pair VET/USD went up with 10.50% in the last 24-hours, and it managed to reach a 30-days highest of $0.01952. It’s now leading the BTC market with 9.69% while trading a volume of almost $40 million in the last day.
If the token price is able to go higher than the $0.02000 mark, it would open gates and welcome even more bulls which would ensure further gain for the upcoming days.
Sunny Lu, the founder of VeChain added some interesting comments regarding the future of the network during a live chat that took place on YouTube.
VeChain community is an excellent example of a crypto-community
For starters, Lu praised the VeChain community while highlighting that this is one of the best examples of a crypto-community.
He addressed the extension of the X-node binding time window as one of the primary actions that the team took as a result of the community input.
He also confirmed that there’s another partnership on the way that will be added to the current line up of automotive companies that include Renault and BMW.
PICC (People’s Insurance Company China) which is one of the leading insurance firm based in China teamed up with VeChain.
VeChainThor mainnet v1.0.2 has been released. Key updates include new features, bug fixes and performance improvements. For more details, please visit https://t.co/vm6Zqa169W pic.twitter.com/rufoUTDSYT
— VeChain Foundation (@vechainofficial) September 3, 2018
“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 said about the partnership.
More than this the VeChain Foundation announced that MainNet v1.0.2 is released with various improvements and fixes.