Fake News Alert: About Walmart Partnership Deal With Litecoin
Litecoin pump 35.1% 2 hours ago, after fake news about Walmart signing a partnership deal with Litecoin.
Walmart Inc. is an American multinational retail corporation, did a press release today saying that they haven't signed any partnership deal with Litecoin, and that the news about partnership and them allowing clients to pay with cryptocurrency was fake.
Looking at the chart above you can see the huge spike in price from $175 to $240.1, after an hour price fell back to $175, due to Walmart press release.
Upon further review, this information has been called into question for several reasons. The email domain included with the press release was only registered last month and there has been no acknowledgment from the official Walmart social media accounts about the partnership.
A spokesperson from Walmart also told CNBC that the press release was "not authentic."
Posted Using LeoFinance Beta