Waltonchain is a blockchain focused on supply chain management that is working on software as well as hardware infrastructure to make the world more connected and informed about the decisions we make. The project was launched late in 2017 but has been conceived and worked upon since 2015 by its founder.
It tracks radio-frequency identification (RFID) data throughout the supply chain. Waltoncoin (WTC) is the native cryptocurrency token of the mainchain, and users can create their own tokens on subchains. Waltonchain is named after Charlie Walton, who invented RFID technology. It’s also an acronym for Wisdom Alters Label, Trade Organization, and Network.
RFID has existed for a long time but when you combine it with blockchain for IoT purposes, it becomes a very powerful concept and that’s what Walton is doing.
Using the hardware (chip) and the software (blockchain), Walton is creating solutions for different industry verticals where supply chain and logistics are fragmented to fill in the gaps.
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CaptainAltcoin’s WTC Token Price Prediction for the next 90 days
Below is a tabular overview of how will WTC develop in the short-term (for the next 90 days), according to our prediction model:
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
Waltonchain Coin (WTC) Future Outlook – WTC Price Prediction 2022
However, not all projects have the same chance of failing (risk), nor do they have the same potential upside (reward).
As a result of ICO teams’ incompetence and lack of integrity, fueled by basic human instinct that is greed and crypto investors’ naivety, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will WTC be among those 5%?
Waltonchain has a solid technical architecture in place, massive team, alleged support of chinese government and enough partners to keep money flowing into the project. The real issue is whether it can attract enough SMBs, GMBs, and MBs to scale and support the massive supply chain infrastructure in place.
Waltonchain created a defensive, competitive “moat” around their business by combining both hardware (chips) and software (blockchain) and it is emerging as a leader in IoT + blockchain chip manufacturing by solving current hardware challenges. They manufacture patented chips that are more advanced, more secure, and cheaper (less than 5 cents each).
History has shown that truly innovative technology always takes longer to develop, costs more to fund, and is frequently doubted before officially coming to market. Despite WTC having been around for quite some time (~2 years, or 200 years in crypto-years), the innovative efforts and challenges Waltonchain is taking head on are easily some of the biggest in the crypto world. Patience is a virtue…
However, before we can expect Waltonchain to see large adoption, it’s fair to say the broader crypto world will need to see some adoption of its own. It’ll take time, an effective marketing campaign, greater awareness, further development, and meaningful partnerships to exist before one can expect a ramp in adoption.
This makes Waltonchain one of the most intriguing projects to have in your portfolio – the upside is huge but the risk is even bigger. Investment in WTC makes sense only on a very long time scale and proper expectation management – it could easily end ingloriously.
Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.
Waltonchain Coin Future: 2025, 2030
Our prediction model sees WTC faltering in 2025, levitating around $0 per coin.
WTC price in 2030 & 2040 will be close to zero as we don’t see a bright future for it in the distant future.
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com