Digibyte is gearing for massive adoption as the cryptocurrency looks to leverage on its recent partnerships to good effect. The decentralized cryptocurrency recently partnered with Block 30 labs in April which essentially increases the reach of the coin in terms of scalability.
This should prove useful for Digibyte in light of its recent partnership with Nationwide Merchant Solution which is one of the top merchant payment solutions in the world.
The partnership favours the coin as Digibyte would be exposed to thousands of merchants and Businesses that would be able to receive payments in the form of its native token DGB.
These developments are great news for the 46th ranked coin as it looks to move up the chain within the crypto ecosystem.
Electroneum (ETN) Drops Further To 128 On Coin Rankings
Struggling cryptocurrency Electroneum has suffered a further setback as the coin dropped to 128 on the list of top coins. The mobile currency has endured a bearish few months as its value has depreciated drastically.
It was believed that the approval of its mobile app by Apple a few days ago could give the coin the jolt required. However, this has is not the case as the coin has continued to struggle all through the week.
Electroneum currently trades for $0.004414 per unit and it remains to be seen if the coin would be able to overcome this latest slump.
Dogecoin (DOGE) Continues To Increase in Popularity in May
Dogecoin (DOGE) the popular meme coin has experienced a surge in popularity which crypto analyst believes could be as a result of its appeal. Despite all the scepticism about the coin, it has continued to gain more users than other conventional cryptos.
The coin which started as a joke has received endorsements from some of the top tech innovators in recent weeks.
Elon Musk recently endorsed the coin early April and was rumoured to be the new CEO of the coin on twitter which shows the widespread popularity of the coin.
Dogecoin is currently enjoying the rebound in the crypto market with the coin currently priced at $0.003125 for a unit.
Vechain (VET) Looking Towards Massive Partnership With Italian Government
Vechain (VET) has enjoyed a fruitful year in terms of partnerships with the blockchain partnering with several institutions to provide tracking solutions for their database.
VeChain CEO Sunny Lu had talks with the Italian Prime Minister Giuseppe Conte during the SEEDS and CHIPS Global Food Innovation Summit in Milan.
It is understood that the major agenda spoken about was the potential of blockchain technology creating a positive impact on the world.
They have talked about the potential of blockchain system in transforming the future of the globe positively. This could be the first step towards a potential partnership with the Italian government.
Vechain is no stranger to Italy as its MyStory blockchain solution is used in the Italian wine industry as a means for tracking wine products.