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Wrapped Bitcoin is currently at the #203 rank in the cryptocurrency market. It had an ATH of $67,011.00 on Nov 16, 2021, while the current price is only $43,041.47, down by 35.81%. Is Wrapped Bitcoin safe? Will it give as many returns as Bitcoin? Find out answers to all these and other relevant queries in our Wrapped Bitcoin price prediction and much more.
- Based on our WBTC predictions for the year 2024, the coin may have minimum and maximum prices of around $38,524.65 and $58,414.61, respectively.
- The WBTC crypto is expected to have minimum and maximum prices of around $60,665.70 and $87,331.94, respectively, as per our WBTC coin price prediction 2025.
- Our Wrapped Bitcoin token price prediction 2030 indicates that the potential high of the coin may be $281,864.09, with a potential low of $195,798.72 in the crypto market.
What is Wrapped Bitcoin?
What is Wrapped Bitcoin?Unlike other crypto projects, Wrapped Bitcoin is a co-creation by three organizations: BitGo, Kyber Network, and Ren. As a joint mission, the project Wrapped Bitcoin was launched on January 31, 2019. As an ETH token running on the Ethereum blockchain, Wrapped Bitcoin stands testimony to the underlying asset, Bitcoin, that it showcases and aims to be transparent, offering complete security. Wrapped Bitcoin (WBTC) is the first ERC-20 token that is backed 1:1 with Bitcoins.
A unique algorithm governs the Wrapped Bitcoin project. Holding lucrative possibilities, the concept of Wrapped Bitcoin is conceptualized for a range of decentralized applications. Wrapped Bitcoin also warrants expeditious transactions at a much cheaper cost.
Wrapped Bitcoin can be called a rework or upgradation of the Ethereum blockchain but with a significantly added chunk of initiatives in terms of protocol, algorithms, etc., that help sustain the entire crypto ecosystem in a much-advanced manner. Supported by smart contracts operating on blockchain, Wrapped Bitcoin has major advantages for its holders.
Wrapped Bitcoin (WBTC)
What Makes Wrapped Bitcoin Unique?
What Makes Wrapped Bitcoin Unique?Advertisement
Wrapped Bitcoin holders can sponsor generating multiple apps on this platform without having to purchase the tokens. The major attraction of Wrapped Bitcoin is that it guarantees decentralized consensus of all transactions taking an active part in them and even in the organization thereof. This increases reliability, and at the same time, verification is guaranteed, simultaneously maintaining blockchain credentials and handling fees.
As the Wrapped Bitcoin token is based on a PoS (Proof-of-Stake) algorithm, it can be immensely beneficial to the network, which is loaded due to a heavy flow of transactions, thereby addressing the accessibility issues. The blockchain blocks in Wrapped Bitcoins are created every 3 seconds.
Wrapped Bitcoin (WBTC)
Wrapped Bitcoin: Technical Analysis
Wrapped Bitcoin: Technical AnalysisEven though some price surge patterns are visible, currently, the Wrapped Bitcoin price is trading around $43,038.69 with a market cap of $6,796,456,956. The value of the 24-hour trading volume is $88,362,019, with a circulating supply of 157,914 WBTC.
Ever since its launch, Wrapped Bitcoin has been reaping the benefits of Bitcoin’s own brand equity. Let us look at its past performance and future results and the current price based on the latest news. In June 2019, the Wrapped Bitcoin price crossed the $10,000 mark. It gained massive traction from the trading community when in late October 2019, the value fell below $8000.
However, with significant assistance from supporters, the coin started an upward voyage taking the price above $28000 by December 2020. Showing the positive trend continued through the first half of 2020. However, in the second half of 2020, the currency started its retreating journey and ended at $28,669.50.
2020 has been a year of gloom and doom for world economies. Countries and currencies took a hit during the pandemic, and hence it was no exception for Wrapped Bitcoin either. Since the year 2020, the price of Wrapped Bitcoin has performed really well.
Even with a few ups and down, the token maintained its value. It was only in the last year that the token could not sustain the positive momentum, and its prices kept falling. However, since the beginning of 2024, Wrapped Bitcoin has been trying to sustain the support levels and is currently trading around $43,041.66.
Wrapped Bitcoin (WBTC)
Wrapped Bitcoin Price Forecast: Expert’s Opinion
Wrapped Bitcoin Price Forecast: Expert’s OpinionAdvertisement
Wrapped Bitcoin has a lot to work on regarding its customer-centricity and progressive approach toward transparency. Only then can it sail evenly and even phenomenally in years to come. Experts, in this case, have different investment advice to share based on historical data and Wrapped Bitcoin price predictions:
Based on our forecasts, a long-term increase is not expected; the price prognosis for the year 2023 is $7173.992.
Wallet Investor
According to our Wrapped Bitcoin forecast, the WBTC price might cross $59,224.89 by the end of 2023 and $122,312.62 by 2026, making it a profitable investment.
Digital Coin Price
Wrapped Bitcoin has been showing a rising tendency. As per our Wrapped Bitcoin price forecast, WBTC could be a good investment option. The future price of Wrapped BTC is predicted at $67869.93 after a year, according to our future forecast system.
GOV Capital
Based on our technical analysis and Wrapped Bitcoin forecast, the coin price might hit $72,934 by the end of 2023 and $675,314 by 2030 end.
Cryptocurrency Price Prediction
Wrapped Bitcoin (WBTC)
Yearly Wrapped Bitcoin Price Predictions: 2024-2030
Yearly Wrapped Bitcoin Price Predictions: 2024-2030There are great hopes the crypto community holds for Wrapped Bitcoin cryptocurrency, and it is surely an ideal tool for developers and engineers generating more such dApps. More importantly, it is backed by a dedicated team of experts who are great mathematicians and scientists who brainstorm brilliant ideas for investments.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | $38,524.65 | $58,414.61 |
| 2025 | $60,665.70 | $87,331.94 |
| 2026 | $77,975.50 | $112,250.44 |
| 2027 | $99,326.43 | $142,986.40 |
| 2028 | $123,579.59 | $177,900.29 |
| 2029 | $154,514.69 | $222,433.23 |
| 2030 | $195,798.72 | $281,864.09 |
WBTC Prediction 2024
In accordance with our WBTC crypto price prediction, it is estimated that the coin may trade between the range of $38,524.65 to $58,414.61, where $38,524.65 is the minimum price and $47,414.61 is the maximum price. At the same time, there are assumptions that the Wrapped Bitcoin may have an average price of $57,969.63.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $38,524.65 | $49,791.64 |
| February | $41,791.64 | $51,836.13 |
| March | $44,836.13 | $51,925.13 |
| April | $45,880.63 | $52,491.88 |
| May | $45,925.13 | $53,058.62 |
| June | $44,491.88 | $53,103.12 |
| July | $46,536.37 | $54,147.62 |
| August | $46,536.37 | $54,714.37 |
| September | $46,669.87 | $56,281.11 |
| October | $46,714.37 | $56,325.61 |
| November | $47,147.62 | $57,370.11 |
| December | $47,236.61 | $58,414.61 |
January 2024: Wrapped Bitcoin Token Price Forecast
Analysts anticipate that the average trading price of WBTC will oscillate around $43,158.15. There is also a predetermined maximum and minimum predicted price range for this cryptocurrency asset, which might be $49,791.64 and $38,524.65, respectively.
WBTC Price Forecast for February 2024
Crypto experts predict that in February 2024, the average WBTC rate will be $46,813.88, based on the price swings of Wrapped Bitcoin at the beginning of this year. Its anticipated minimum and maximum prices are $41,791.64 and $51,836.13, respectively.
March 2024: Wrapped Bitcoin Price Prediction
Experts in cryptocurrencies are prepared to share their prediction for the price of WBTC in March 2024. This month, the lowest possible trading cost might be $44,836.13, and the highest possible cost may be $51,925.13. It is anticipated that Wrapped Bitcoin worth will be approximately $48,380.63 on average.
WBTC Price Prediction for April 2024
Based on our analysis of Wrapped Bitcoin price variations over the past few years, the average WBTC rate we anticipate for April 2024 is likely to be around $49,186.255. At the very least, it may fall to $45,880.63 $52,491.88 might be the maximum value.
May 2024: Wrapped Bitcoin Price Forecast
It is also possible that the value of WBTCmay rise to $53,058.62 in May 2024. In May 2024, it is anticipated that the price will not go below $45,925.13.
Wrapped Bitcoin Prediction for June 2024
The Wrapped Bitcoin token is expected to trade at an average price of $48,797.5 in June 2024. It’s possible that the highest and lowest WBTC rates are $53,103.12 and $44,491.88.
July 2024: Wrapped Bitcoin Token Price Prediction
Crypto experts predict that the price of WBTC will reach approximately $50,341.995 by the end of the summer of 2024. The price of Wrapped Bitcoin could come down to at least $46,536.37 in July 2024. In July 2024, the top value is predicted to reach $54,147.62.
WBTC Price Forecast for August 2024
Based on their analysis of Wrapped Bitcoin values, cryptocurrency experts predict that in August 2024, the WBTC rate might reach a maximum of $54,714.37. But it might fall to $46,536.37. The estimated average Wrapped Bitcoin for August 2024 is close to $50,625.37.
September 2024: Wrapped Bitcoin Prediction
The Wrapped Bitcoin cost will be trading for an average of $51,475.49 in mid-autumn 2024. Crypto experts predict that the price of WBTC may range from $46,669.87 to $56,281.11 in September 2024.
Wrapped Bitcoin Prediction for October 2024
Experts in the market predict that the value of Wrapped Bitcoin will remain at least $46,714.37 in October 2024. This month, a maximum peak of $56,325.61 is anticipated. It is anticipated that the average trade value would hover around $51,519.99.
November 2024: Wrapped Bitcoin Price Forecast
The highest trading value of Wrapped Bitcoin in November 2024 is expected to be approximately $57,370.11, with a potential decline to a minimum of $47,147.62. The average cost in November 2024 will be $52,258.86
WBTC Forecast for December 2024
According to market analysts, Wrapped Bitcoin is expected to reach a top of $58,414.61 in December 2024 and not drop below $47,236.61. An average trade value of $52,825.61 is anticipated.
WBTC Price Prediction 2025
The WBTC coin is expected to have minimum and maximum prices of around $60,665.70 and $87,331.94, respectively, as per our Wrapped Bitcoin price prediction 2025. In contrast, the average price might be $73,998.82, with a percentage change of around 43%.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $60,665.70 | $68,665.57 |
| February | $68,665.57 | $69,998.88 |
| March | $69,998.88 | $72,665.50 |
| April | $71,332.19 | $74,665.47 |
| May | $72,665.50 | $76,665.44 |
| June | $74,665.47 | $77,998.75 |
| July | $75,998.78 | $79,332.06 |
| August | $77,998.75 | $81,332.03 |
| September | $79,998.72 | $83,332.00 |
| October | $81,332.03 | $84,665.31 |
| November | $79,332.06 | $85,998.62 |
| December | $81,998.69 | $87,331.94 |
WBTC Crypto Price Prediction 2026
As per our WBTC predictions, the coin may have an average trading price of $95,112.97, with a minimum and maximum price of $77,975.50 and $112,250.44, respectively, for the year 2026. The volatility of the Wrapped Bitcoin price is expected to be quite less, as per our price predictions.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $77,975.50 | $88,257.98 |
| February | $88,257.98 | $89,971.73 |
| March | $89,971.73 | $93,399.22 |
| April | $91,685.48 | $95,969.84 |
| May | $93,399.22 | $98,540.46 |
| June | $95,969.84 | $100,254.21 |
| July | $97,683.59 | $101,967.96 |
| August | $100,254.21 | $104,538.58 |
| September | $102,824.83 | $107,109.20 |
| October | $104,538.58 | $108,822.95 |
| November | $101,967.96 | $110,536.69 |
| December | $105,395.45 | $112,250.44 |
WBTC Predictions 2027
Based on our WBTC price forecast, the coin’s future is bright. Wrapped Bitcoin’s price is expected to be around $99,326.43 and $142,986.40, where the former is a potential low and the latter is a potentially high value for 2027. In comparison, the average price may be $121,156.41, with an increased market cap.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $99,326.43 | $112,424.42 |
| February | $112,424.42 | $114,607.42 |
| March | $114,607.42 | $118,973.41 |
| April | $116,790.41 | $122,247.91 |
| May | $118,973.41 | $125,522.41 |
| June | $122,247.91 | $127,705.41 |
| July | $124,430.91 | $129,888.40 |
| August | $127,705.41 | $133,162.90 |
| September | $130,979.90 | $136,437.40 |
| October | $133,162.90 | $138,620.40 |
| November | $129,888.40 | $140,803.40 |
| December | $134,254.40 | $142,986.40 |
WBTC Forecast 2028
Based on our Wrapped Bitcoin forecast, the average price will be around $150,739.94. At the same time, the highest price may be $177,900.29, and the lowest price may be $123,579.59 for 2028, based on our analysis and forecast.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $123,579.59 | $139,875.80 |
| February | $139,875.80 | $142,591.84 |
| March | $142,591.84 | $148,023.91 |
| April | $145,307.87 | $152,097.96 |
| May | $148,023.91 | $156,172.01 |
| June | $152,097.96 | $158,888.05 |
| July | $154,814.00 | $161,604.08 |
| August | $158,888.05 | $165,678.14 |
| September | $162,962.10 | $169,752.19 |
| October | $165,678.14 | $172,468.22 |
| November | $161,604.08 | $175,184.26 |
| December | $167,036.15 | $177,900.29 |
Wrapped Bitcoin Forecast 2029
The year 2029 may witness a massive rise in the price of WBTC as per our WBTC forecast. As per our Wrapped Bitcoin price forecast, the maximum price of the token may have reached $222,433.23, with a minimum price of $154,514.69. At the same time, the average price might be around $188,473.96 for the year.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $154,514.69 | $174,890.25 |
| February | $174,890.25 | $178,286.18 |
| March | $178,286.18 | $185,078.03 |
| April | $181,682.11 | $190,171.92 |
| May | $185,078.03 | $195,265.81 |
| June | $190,171.92 | $198,661.74 |
| July | $193,567.85 | $202,057.67 |
| August | $198,661.74 | $207,151.56 |
| September | $203,755.63 | $212,245.45 |
| October | $207,151.56 | $215,641.38 |
| November | $202,057.67 | $219,037.30 |
| December | $208,849.52 | $222,433.23 |
Wrapped Bitcoin Price Prediction 2030
In the very long term, the Wrapped Bitcoin price may turn where it can stand at a maximum price of $281,864.09 in the cryptocurrency market. In 2030, the Wrapped Bitcoin price is set to pick up the pace with other coins to arrive at a minimum price of $195,798.72.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $195,798.72 | $221,618.33 |
| February | $221,618.33 | $225,921.60 |
| March | $225,921.60 | $234,528.14 |
| April | $230,224.87 | $240,983.04 |
| May | $234,528.14 | $247,437.94 |
| June | $240,983.04 | $251,741.21 |
| July | $245,286.31 | $256,044.48 |
| August | $251,741.21 | $262,499.38 |
| September | $258,196.12 | $268,954.29 |
| October | $262,499.38 | $273,257.56 |
| November | $256,044.48 | $277,560.82 |
| December | $264,651.02 | $281,864.09 |
Wrapped Bitcoin (WBTC)
Frequently Asked Questions
Frequently Asked QuestionsIs Wrapped Bitcoin a good investment?
Yes, Wrapped Bitcoin is a safe and good investment option. WBTC has lots of advantages like liquidity, Ethereum blockchain support, scalability, yield farming, etc. Based on our Wrapped Bitcoin price predictions, the token is anticipated to have a maximum value of $58,106.29.
Is Wrapped Bitcoin Safe?
Yes, Wrapped Bitcoin is legit and safe. WBTC is an ERC-20 token designed to bring increased liquidity to DeFi apps. Despite all debates and controversies, Wrapped Bitcoin WBTC reveal a very healthy and active ecosystem.
Where to buy Wrapped Bitcoin?
There are many centralized and decentralized exchanges where you can buy Wrapped Bitcoin. Some of the major exchanges are Binance, Uniswap, Huobi Global, OKEx, and Kyber Network.