Home / Coin Payment / Waves VeChain (VET) (WAVES) and Zilliqa (ZIL) gain momentum when they reach the double digit increase

Waves VeChain (VET) (WAVES) and Zilliqa (ZIL) gain momentum when they reach the double digit increase

After the big market crash that hit the crypto-towards two days ago, the main Bitcoin currency (BTC) failed to successfully close above the value of $ 3,700.00. Within an hour, the BTC / USD fell from $ 3,730 to $ 3,590, confirming the major $ 3,550.00 support as the monthly minimum.

Bitcoin

Source: coinmarketcap

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While total global market capitalization has lost $ 4.0 billion during immersion, token prices are attempting to recover and maintain a position, hoping not to fall back to $ 100 billion (December 15).

However, for now to write things look different enough for three coins lower on the list popularity while aiming for double increases in the last 24 hours as they drive the crypto-pack towards a possible recovery.

coins

VeChain (VET) – VeChain (VEN) is a cryptocurrency blockchain that operates in the BaaS framework (Blochchain-as-a-Service). The main objective of VeChain is to decentralize and transform the way in which supply chains and global management chains are monitored. VeChain aims to achieve this by providing a faster, transparent and reliable platform.

VeChain uses tamper-proof DLT (Distributed Ledger Technology) to monitor and verify the authenticity and quality of products along the supply chain to ensure that end consumers get real value for everything they buy. To put it in perspective, VeChain collaborates with manufacturers and suppliers to prevent counterfeit goods from being introduced to the market at the expense of the general public.

More recent: technology and the possible future real world cases The VeChain solution was tested by the H & M fashion empire for Arket – their clothing brand that is experimenting with blockchain-based technology to track their products. Before anything official was announced or declared by the in-house brand, on the social network Twitter and aggregator began the rumors of Reddit their doing. Subsequently, the team of the subsidiary of H & M has confirmed that the implementation of blockchain is in progress:

"Arket performed a small concept test (POC) through a pilot test with VeChain to use blockchain technology to ensure traceability of product data in the value chain," said the spokesman at Hard Fork. "The test was done on a wool cap from the fall 2018 collection."

In the same vein as VeChain, clearly Waves and Zilliqa are moving towards a speedy recovery that could go back faster than many thought of the losses of the previous days.

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Wirex users can now use Waves (WAVES) for their purchases

The Wirex and Waves (WAVES) teams worked together to integrate the digital resource on the popular cryptographic card platform. Wirext also allows users to purchase, store and manage a variety of cryptocurrencies. WAVES joins the main digital resources of Bitcoin (BTC), Litecoin (LTC), XRP and Ethereum (ETH) on the Wirex platform.

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