Everyone knows that bitcoin is now the most popular cryptocurrency on the market. But did you know that there is a coin whose price is exactly the same as Bitcoin, but with a different technology?
Today in this article, we’re going to take a look at Bitcoin’s twin brother, Wrapped Bitcoin (WBTC), and how it’s been performing lately. We will also look at some of the other top coins such as D2T, TARO, STEMIas well as RIA which, according to experts, will explode and surpass bitcoin. So let’s get started.
What is a wrapped bitcoin?
Essentially, 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 peg between WBTC and Bitcoin (BTC), which means that one WBTC is always equal to one 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 is faster to transfer, but its biggest advantage is its integration with Ethereum wallets, decentralized applications, and smart contracts. There are currently 236,372.41 WBTC in circulation.
WBTC Price Prediction
Since day one, WBTC has been copying the BTC price chart and paying out big profits. In 2021, the token started well, and for the first time, the price jumped to $63,000. Since then, the price of WBTC has been a little volatile.
During September, WBTC prices rose to $52,564, and on November 10, the token hit an all-time high of $67,540. The price of WBTC fell after the peak, ending in 2021 at $46,434.
The cryptocurrency market has started 2022 hard, with most coins experiencing a drastic drop in recent times. The price of WBTC has fallen below $20k and is now at $16,744.
Like Bitcoin, Wrapped Bitcoin has fallen heavily this year. Here’s what some experts say about his future.
- Investor wallet predicts a bullish future for the WBTC. There is a possibility that the average price will be $63,401 by 2022 and $154,791 by 2025.
- digital coin has lower price targets for WBTC. WBTC is projected to be $50,510 by 2022, rising to $57,533 in 2023 and $73,278 in 2025.
- Price Forecast predicts that WBTC will average $55,066 by 2022 and $175,557 by 2025.
Other Amazing Coins You Should Know
WBTC is similar to BTC in many ways; here are some other amazing coins you should know about
- Dash 2 Trading (D2T) – Advanced cryptography with rich data processing tools
- RobotEra (TARO) – Amazing robot-themed metaverse
- STEMI – The largest green cryptocurrency on the market
- Calvaria (RIA) – The most popular NFT-based collectible card game
- Cardano (ADA) is the best open source blockchain project
- Dash 2 Trading (D2T)
Dash 2 Trade is a premium ecosystem that offers many tools and features to simplify and enhance your trading experience. A tool like Dash 2 Trade has proven to be extremely valuable as the cryptocurrency markets have flourished in recent years.
According to the project roadmap, the launch of Dash 2 Trade is expected in the first quarter of 2023. Dash 2 Trade offers many features including cryptocurrency trading signals, technical indicators, and a backtesting tool, just to name a few.
D2T supports the Dash 2 Trade ecosystem, which can be used for testing, running contests, and rewarding users. Plus, these tokens are tax-free, so you can get in and out of the platform for free.
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- RobotEra (TARO)
RobotEra is a new sandbox-style metaverse where you play as robots, virtual avatars that build planets, gather resources, own land, and make robot friends. In RobotEra, you can customize everything, including 3D scenes, sounds, physics, and even how you interact with robots. In addition, robots are NFTs, so they can be sold or kept.
RobotEra has a lot in common with Minecraft, but also has some really cool cryptographic elements, such as strong blockchain technology, DeFi functionality, NFT, cutting-edge tokenomics, and more.
RobotEra is operated by TARO, a utility cryptocurrency used for transactions and interactions. With TARO, you can create assets, build a user-based rewards platform, and unlock new gaming experiences, all built on the Ethereum blockchain.
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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 transactions can take place between companies and crypto investors.
IMPT rewards you with IMPT tokens for purchases through their platform. You earn rewards based on which company you purchase from, as well as what ESG allowances that company has.
You can store or exchange IMPT tokens, and if you want to redeem them, you can exchange them for carbon credits in the form of NFTs. When you redeem your IMPT, you burn it, so there are fewer tokens.
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- Calvaria (RIA)
Calvaria is a new P2E game that uses non-fungible tokens (NFT) in a battle royale setting, as well as NFT trading cards with popular characters. The gameplay takes place in the afterlife, where NFTs introduce characters with different abilities that you can build strategies around. To be rewarded, you must win games and compete to be the best.
You can play Calvaria for free, which is great. 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 cryptocurrency wallets, as well as get to know the gaming ecosystem.
Calvaria’s native token is RIA. You can use it to buy NFTs. In addition, you can stake these tokens to earn more and also participate in the Calvaria 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 runs financial applications for businesses, consumers, and governments around the world.
Using it, you can make fast and secure digital money transfers, providing fast and direct transfers. With multi-layer development, the blockchain can be easily maintained and updated by a dedicated team of programmers and engineers. Cardano’s currency token is ADA.
So you have it. This was an overview of WBTC and its price prediction, as well as some other coins that are doing better than bitcoin. Since not everyone can afford BTC, investing in these high performance coins with really cool features would be a great idea because they are very cheap.
RIA offers an addictive immersive card game, while TARO takes you on a fantasy adventure in the metaverse. 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 be a great addition to yours and will help you make a healthy profit if you buy them now for the lowest price possible!