WBTC Price Prediction – Why These 5 Cryptos Are A Better Bitcoin Alternative
Everyone knows that Bitcoin is the most popular crypto in the market right now. But did you know that there is a coin whose price is exactly like Bitcoin, but with a different technology?
Today in this article we will look at Bitcoin’s twin brother, Wrapped Bitcoin (WBTC), and how it has performed recently. We will also look at some other better coins such as D2T, TARO, IMPTand RIA which experts believe will explode and beat Bitcoin. So let’s get started.
What is a Wrapped Bitcoin?
Basically, wrapped tokens allow you to move native assets from one blockchain to another. Wrapped Bitcoin (WBTC) is one of the most famous wrapped tokens. There is a 1:1 link between WBTC and Bitcoin (BTC), meaning that a WBTC is always equal to a BTC no matter what happens. You can convert BTC to WBTC or vice versa.
Unlike bitcoin, WBTC is an ERC-20 token, which means it’s faster to transfer, but its biggest advantage is its integration with Ethereum wallets, decentralized apps, and smart contracts. Currently, there are 236,372.41 WBTC in circulation.
WBTC Price Prediction
From day one, WBTC replicated the BTC price chart and paid out huge returns. In 2021, the token started strong, and for the very first time, the price shot up to $63,000. WBTC’s price has been somewhat volatile since then.
During September, WBTC prices rose to $52,564, and on November 10, the token reached an all-time high of $67,540. The WBTC price fell in the wake of the high, ending 2021 at $46,434.
The crypto market has had a tough start to 2022, and most coins have experienced a sharp decline recently. The price of WBTC fell below $20k and now it is at $16,744.
The experts’ opinion
Like Bitcoin, Wrapped Bitcoin has fallen a lot this year. Here’s what some experts say about the future.
- Wallet investor predicts a bullish future for WBTC. There is a chance that the average price will be $63,401 by 2022 and $154,791 by 2025.
- Digital coin has a lower price target for WBTC. As of 2022, WBTC is forecast to be $50,510, growing to $57,533 in 2023 and $73,278 in 2025.
- Price prediction predicts that WBTC will average $55,066 by 2022 and $175,557 by 2025.
Other amazing coins you should know about
WBTC is similar to BTC in many ways; here are some other amazing coins you should know about
- Dash 2 Trade (D2T) – A ground-breaking crypto with feature-rich computing tools
- RobotEra (TARO) – An awesome robot themed Metaverse game
- IMPT – Largest environmentally friendly crypto on the market
- Calvary (RIA) – Top trending NFT based card games
- Cardano (ADA) – Best Open Source Blockchain Project
- Dash 2 Trade (D2T)
Dash 2 Trade is a premium ecosystem that offers tons of tools and features to simplify and enhance your trading experience. A tool like Dash 2 Trade has proven to be extremely valuable as the crypto markets have boomed in recent years.
According to the project’s roadmap, Dash 2 Trade is expected to launch in the first quarter of 2023. There are many features that come with Dash 2 Trade, including crypto trading signals, technical indicators, and a backtesting tool, just to name a few.
D2T powers the Dash 2 Trade ecosystem, which can be used to backtest, run contests and reward users. Also, these tokens are tax-free, so you can enter and exit the platform for free.
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- RobotEra (TARO)
RobotEra is a new sandbox-style metaverse where you play as robots, virtual avatars who build planets, collect resources, own land and make robot friends. In RobotEra, you can customize everything, including the 3D scenes, sounds, physics, and even how you interact with the robots. Also, the bots are NFTs, so they can be sold or kept.
RobotEra shares many features with Minecraft, but it also has some really cool crypto-based elements like solid blockchain technology, DeFi functionality, NFTs, cutting-edge tokenomics and more.
RobotEra is powered by TARO, a utility cryptocurrency used for transactions and interactions. With TARO, you can create assets, build a user-based reward platform, and open up new gaming experiences, all built on the Ethereum blockchain.
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- IMPT
IMPT is a revolutionary platform that offers a solution to one of the biggest challenges facing humanity today: climate change. To do this, IMPT will create a marketplace where carbon credit trades can be made between companies and crypto investors.
IMPT rewards you with IMPT tokens for trading through their platform. You are rewarded based on which company you trade with, along with which ESG quotas the company has.
You can hold or trade IMPT tokens and if you want to redeem them, you can exchange them for carbon credits as NFTs. When you redeem your IMPT, you burn it, so tokens become more scarce.
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- Calvary (RIA)
Calvaria is a new P2E game that features non-fungible tokens (NFTs) in a battle royale setting, as well as NFT trading cards featuring popular characters. The game takes place in a post-life setting, with NFTs representing characters with various abilities around which you can build strategies. To be rewarded, you must win games and compete to be the best.
You can play Calvaria for free and it’s awesome. In addition, it is so well designed that it is easy to play even if you are not into crypto games. Players will learn how to create crypto wallets as well as an overview of the gaming ecosystem.
The native token of Calvaria is RIA. You can use it to buy NFTs. Additionally, you can stake these tokens to earn more, as well as participate in Calvaria’s Autonomous Organization (DAO). By staking their RIA tokens, holders can vote in the game.
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- Cardano (ADA)
Cardano is a blockchain network that powers financial applications for businesses, consumers and governments worldwide.
Using it, you can make fast, secure transfers of digital money, and ensure fast, direct transfers. With its layered development, the blockchain can be easily maintained and upgraded by a dedicated team of coders and engineers. Cardano’s currency token is ADA.
Conclusion
So there you have it. This was an overview of WBTC and its price prediction, plus some other coins that are outperforming Bitcoin. Since not everyone can afford BTC, it would be a good idea to invest in these top performing coins with really cool features because they are super cheap.
RIA offers an immersive trading card game experience, and TARO takes you on a fantastic metaverse adventure. On the other hand, D2T makes trading easier with powerful data tools, and IMPT offers carbon credits as NFTs for a greener future.
All four will make a discovery supplement to yours and help you earn health benefits if you buy them now at the lowest possible price!