To understand how the Wrapped Bitcoin price will move, you need to understand what Wrapped Bitcoin is. It is a tokenized version of the main cryptocurrency, BTC. It is held in reserve. WBTC is used on an Ethereum-based platform. So, it enables Bitcoin collaboration with the Ethereum ecosystem.
Therefore, if you are checking where to swap WBTC to DGB, do not hurry to do so. The Bitcoin, and therefore, the Wrapped Bitcoin price shows a confident bullish trend. While the father of all cryptocurrencies has already turned its first investors into millionaires, the coin price continues growing and BTC is considered a promising investment.
Considering that WBTC enables the BTC collaboration with the Ethereum network, its perspectives are even more promising. So, let us have a look at what the forecast for the WBTC price is.
Wrapped Bitcoin Forecast for 2021
The coin growth in value will continue until the end of the year. By the end of October, the coin is expected to reach the value of 75,000 USD and even cross it. There are no signs of slowing down though. The WBTC price will continue growing until the end of 2021. By the end of the year, the WBTS value is expected to reach 100,000 US dollars, and according to the most optimistic forecasts, it might even cross the mentioned level and move to the value of 107,000 USD.
What about Further Forecasts?
As if it were not enough, the price of the token isn’t going to stop by the mentioned value. It will be moving up. While some drops are expected, an average bullish trend will be observed further. So, by the end of 2025, some specialists believe, the cryptocurrency will grow to the value of 300,000 per one coin. It is immense but with the current growth speed, it is pretty possible.
The forecasts for a longer time period are even more incredible. We shall admit though that even the current WBTC value is immense, so, it might be still a very good investment option in the long run.
Some Details to Consider
There is no doubt that there are some more promising projects, such as Stellar Lumens, Polkadot, and others. If you are asking yourself “what is Polkadot?”, we recommend checking it in detail. Some specialists insist it might even beat Bitcoin in the near future. But as we can already see, for now, no coin is able to compete with the father of cryptocurrency – Bitcoin. So, investing in it might be a reasonable decision even if you haven’t thought about it before, and even though some specialists believe it might be too late.
The good thing is that you don’t have to purchase an entire WBTC. You can buy a small part of it, and benefit, too, even though the sum will not be so high. It is possible to buy the mentioned cryptocurrency on almost any instant exchange platform such as LetsExchange or any other. Check the conditions, the safety level, get a wallet, purchase the coins, and benefit from their price growth.
A Complete Overview of Cryptocurrency Cloud Mining Platform – TopHash
9 Out of Every 10 Central Banks Around the World are Exploring CBDCs, Ripple Reports
XRP Is On Its Way to a Strong Comeback as Coin’s Rising Trading Volume Shows Growing Investor Interest
Research Uncovers Why XRP Is Japan’s Most Favored Cryptocurrency
XRP Falls to $0.47, as the SEC Strikes Back at Ripple
Recent Press Release
CGMD Miner’s Low-Cost Coin Mining : Spend Less, Earn More!
As more players enter the cryptocurrency space, mining becomes more complex and requires more computing power. As a result, many...
Will Arbitrum Reach $1? ARB Struggles, SPCT Offers Better Prospects
As the crypto market recovers from Bitcoin’s (BTC) recent crash, Arbitrum (ARB) is enhancing its network capabilities to improve its...
Cardano (ADA) Lags, Analysts Predict VC Spectra (SPCT) Will Outpace it
Cardano’s (ADA) price has suffered despite the launch of Cardano’s Project Catalyst Testnet on August 25. Even when the news...
SUI and Hedera (HBAR) Slump Ahead of Token Unlocks, VC Spectra (SPCT) Gains Users
Token unlocks in crypto are typically bearish signs due to basic supply and demand. Analysts will keenly observe how Sui...
While Polkadot (DOT) Pauses, VC Spectra (SPCT) Offers a 220% Potential Upside!
VC Spectra (SPCT), a rising blockchain for investments and asset management, has grown considerably in its ongoing presale. Meanwhile, Polkadot...