VeChain (VET) Price May Hit $0.25 By The End Of 2019 As Talks With Between VeChain And The Italian Government Go Smoothly

VeChain news today – Almost every week following the VeChain token swap, VeChain hits the headlines for sealing one deal or crossing one developmental milestone after another. Last week, sunny Lu, the CEO of VeChain had a discussion with the Italian Prime Minister. According to the VeChain VET news at the time, this meeting was about the integration of blockchain technology in Italy. In our previous VeChain Thor price prediction, we said that the target for VeChain this year is $0.25. This VeChain price prediction will be sealed this week if progress is made after the meeting. Will VeChain hit $0.25 or cross this level by the end of the year?

VeChain News Today – VeChain Thor Price Prediction – VeChain Latest Update – VeChain To The Moon

Even before the VeChain token swap, the team behind VeChain has been working hard to make it the leading blockchain in the cryptocurrency space. Apart from the ongoing development on the VeChain mainnet and its numerous use cases, the VeChain Foundation has sealed many strategic partnerships on a global scale. All these VeChain partnerships are going to bring VeChain closer to its goal of dominating the blockchain space. Not too long ago, the VeChain Foundation announced that it was entering into a partnership with three Norwegian firms. This is one of the many VeChain partnerships that are related to the supply chain management sector. This partnership has to do with monitoring the supply of fresh food from Norway to China.

Now, VeChain has set its sights on the Italian market. The discussion between Sunny Lu and the Italian Prime Minister tools place at the SEEDS And CHIPS Global Food Innovation Summit in the capital of Italy, Milan. They talked about the role blockchain technology will play in transforming the world positively. If the Italian government gives VeChain the backing to start exploring blockchain technology, this is going to promote the adoption of blockchain technology in Italy. In time, other governments will follow its lead and start creating the environment for blockchain technology to thrive.

VeChain (VET) Price Today – VET / USD

NamePrice
bitcoin
Bitcoin
$7,239.451.05%
vechain
VeChain
$0.00633.35%

In our previous VeChain news, we talked about how the partnership between between VeChain and BMW could drive the adoption and the price of VET. We have also talked about how the partnership with Deloitte can influence the adoption and price of VeChain. While the details about the relationship between VeChain and the Italian government hasn’t been revealed, the fact that the Prime Minister is willing to listen is going to be a catalyst.

VeChain News Today – VeChain Thor Price Prediction – VeChain Current Price – VeChain Latest Update

At the time of writing, the price of VeChain VET was $0.007574. It is up by 3.87% against the USD and down by 4.79% against the price of BTC. The trading volume over a 24 hour period is $18,339,211 and the market capitalization is $420,000,160. The VeChain Thor price prediction on CryptoNewz places the price of VET at $0.25 or higher by the end of the year.

What do you think about the VeChain Thor price prediction 2019 in our VeChain news today? Share your thoughts in the comment section below.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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