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VeChain (VET) Price Soars 25 Percent on Microsoft Gamebook News

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Mon, 12/02/2019 - 09:29
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  • After the news of launching ‘The Way of the Tiger’ gamebook on blockchain in alliance with Microsoft was announced, the VeChain price surged over 25 percent

Cover image via 123rf.com

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Earlier, U.Today reported that the person who created ‘The Way of the Tiger’, one of the first gamebooks launched back in the 1980s, decided to bring his game back to the market in a new form – this time placing it on VeChain ledger.

Now, the VET token price surges over 25 percent.

The return of the gaming legend

The author of the original famous game, Jamie Thomson, will be working with Eidos and Fable game-making companies. The software giant Microsoft will be joining them too.

The game is going to be released on VeChainThor ledger. It was selected for its large scalability. Besides, it allows creating ‘cards and items without having to deal with all the crypto stuff.’

The roadmap of the project promises the game to be relaunched publicly next year.

Since Ethereum launched the popular game CryptoKitties back in 2018, blockchain games have been rising in popularity globally. Last year, the community got so much into CryptoKitties that Ethereum faced a major congestion with transaction fees’ price surging dramatically.

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VeChain (VET) price surges almost 26 percent

After the news was announced, the VeChain token VET’s price rose by over 25 percent, as per data from the CoinMarketCap aggregator.

VET price CMC
Image via CoinMarketCap

A crypto analyst @CryptoMichNL who follows VET and often posts VET charts and forecasts, notes the coin’s price surge and congratulates VET investors.

Earlier, he predicted a possible rise of the coin and now tweets that his forecast has come true.

The VET community is actively discussing this price surge.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ripple Unleashes One Bln XRP from Escrow, Community Expects Price to Drop

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  • It is the first day of the month and Ripple has released one billion XRP from its escrow wallet. The community traditionally expects a price drop after such massive dumps

Cover image via stock.adobe.com

It is the first day of another month – this means that Ripple has lavishly thrown XRP from its escrow wallet – one billion coins. Since the start of 2020, this monthly dragon-sized amount was withdrawn in two portions of 500 mln XRP each.

XRP escrow
Image via Twitter

While the XRP price is in the green zone, trading at $0.173095 on CoinMarketCap, the comments under the tweets about the XRP release signify that the community is either indifferent (having got used to these releases already) or is expecting another price drop in the short term.

In January 2018, XRP, the third-largest cryptocurrency, reached an all-time high of nearly $3. Since then, XRP has been light years away from the ATH.

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Many skeptics say that the XRP price is not going to rise even in the long term, mocking those who remain faithful, holding bags of the coin.

As earlier reported by U.Today, many in the community believe that regular XRP releases made by Ripple prevent the price from rising and reaching at least $1. In 2019, a petition was set up on Change.org by crypto influencer ‘Crypto_Bitlord’ who wanted Ripple to stop dumping XRP.

Curiously, later on, another petition appeared on the same platform, requesting Ripple to accelerate the release of XRP in order to increase the coin’s adoption, which would assumingly lead to a massive price surge.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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