Viberate’s token, VIB, has nearly doubled in price over the past 24 hours as a massive trading volume of $332,516,000 pushed the price up 95% from $0.33 to $0.65. This trading volume is 3x the alt coin’s current market capital, reflecting a huge surge of new support in light of its upcoming partnership with the Enterprise Ethereum Alliance.
This one is HUUUGE: Viberate joins Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative. https://t.co/e5lxK124Fg
Viberate is the only blockchain-based music platform that connects musicians to venues without the need for an agent, or other middlemen. Its native VIB token is used to reward fans for promoting their favourite artists across social media and referring new artists or venues to the space; creating an engaging community that has live music at the heart of it.
Enterprise Ethereum Alliance is a non-profit group of developers that connects with over 500 tech startups, enterprises and academics to advance the industrial capabilities of Ethereum. With over 30,000 backers and an ever-expanding network, Ethereum has become the household name in cryptocurrencies alongside its main rival for the top spot, Bitcoin.
What does this mean for Viberate?
This new partnership will allow Viberate to expand beyond the potential of its current blockchain, connect to the well-established Ethereum user base and ensure the best possible future for the platform. Priced under $1 and with a total supply of 200,000,000 this alt coin still has a lot of potential in the year ahead. Be sure to keep an eye out!
Buying VIB and storing it
Currently you can buy VIB on most popular exchanges, including Binance, Bittrex, Upbit, HitBTC and OKEx.
As for VIB wallets, since it is an ERC20 token, you can store it on any compatible Ether wallet, including MEW (MyEtherWallet) or use Jaxx, which supports VIB on both, its desktop and mobile apps.