TPT Global Tech Inc (OTCMKTS:TPTW) Stock Sees Bullish Action After Important Updates
Shares of TPT Global Tech Inc (OTCMKTS:TPTW) closed higher in the previous session.
Market Stats
On Monday, TPTW stock surged 12.33% to $0.0082 with more than 6.37 million shares, compared to its average volume of 3.55 million shares. The stock moved within a range of $0.0073 – 0.0100 after opening trading at $0.0080.
Technology and Media Company TPT Global Tech Selects Divi Lab’s Crypto Wallet for Super App Launch
Technology innovator with divisions in medical, data, telecommunications as well as subsidiary producing content for TV Shows, TPT Global Tech Inc (OTCMKTS:TPTW) on March 7, 2022, announced signing a collaboration agreement with Divi Labs and Technologies S.A.The agreement will enable the launch of Divi Wallet in TPTW’s VϋMe super app platform both domestically and internationally. Both firms are working on the final Licensing Agreement for the integration of the Divi Lab wallet into the VuMe Platform with the objective of Divi Labs Wallet becoming the official crypto wallet partner.
The VϋMe super app is attempting to disrupt the online landscape by combining the best features from different social media platforms along with a suite of value-added services. Divi Labs may also integrate a mobile crypto wallet with a host of decentralized Fintech features into VϋMe, which would give all-in-one messaging, broadcasting, payment as well as a social media platform.
Divi Labs was shortlisted on working with VϋMe for a ‘made easy’ philosophy as well as innovative features, facilitating accelerating of mainstream adoption of decentralized payment services.
Stephen J. Thomas III CEO & Chairman, TPTW said that content creators, influencers, as well as users, have to migrate and transition to view and conduct different activities.Thomas added that Divi Labs’ philosophy, as well as values, complemented the core aims for VϋMe. He added that the world-class, consumer-friendly services, as well as focus on autonomy and ownership, make them the obvious choice.
Key Quote
“Today, content creators, influencers, and users have to migrate and transition through unrelated providers to view and conduct different activities. That’s cumbersome in our world of interconnectivity and instant gratification,” said Stephen J. Thomas III CEO & Chairman, TPTW.
Traders Corner
TPTW stock is trading below the 20-Day and 50-Day Moving averages of $0.0094 and $0.0112 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0164.