Waltonchain Price Prediction 2023 | 2025 | 2030 – Future Forecast For WTC Price
In this guide, we will voice our own and market’s opinion on WTC future while discussing Waltonchain price forecast for 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Waltonchain.
Now, let’s head into it. Before we delve deep into the Waltonchain price prediction and answer questions if WTC is a good investment or not, why will WTC succeed or fail or why will Waltonchain price rise or drop, let’s quickly throw a glance at what is WTC and its to date history.
WTC Intro
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.
Walton is a hybrid project based on both POS and POW. That’s why if you have WTC you have the incentive to earn passive income by staking WTC as well as running a masternode of WTC.
CaptainAltcoin’s WTC Token Price Prediction for the next 90 days
The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town. Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off. Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
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 2023
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.
High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:
WTC Price Prediction 2025
Our prediction model sees WTC reaching $ 0.1708 in 2025.
What will WTC be worth in 5 years?
The price of WTC in 5 years could lie around $ 0, according to CaptainAltcoin’s prediction model.
Waltonchain Price Prediction 2030 – 2040
What Waltonchain will be worth in 2030?
Our forecasting model sees Waltonchain reaching $0 in 2030.
What Waltonchain will be worth in 2040?
Our forecasting model sees Waltonchain reaching $0 in 2040.
Will Waltonchain replace / surpass / overtake Bitcoin?
No, Waltonchain will not replace or overtake BTC.
Can Waltonchain reach $1?
Yes, Waltonchain could reach $1 by the end of 2025.
Can Waltonchain reach $10?
No, our prediction model sees no possibility for Waltonchain to reach $10 in the short or mid-term period.
Can Waltonchain reach $100?
No, our prediction model sees no possibility for Waltonchain to reach $100 in the short or mid-term period.
Why will Waltonchain fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will Waltonchain go?
Our forecasting model sees Waltonchain price crashing and dropping to near 0 in a distanced future.
Is Waltonchain worth buying?
We do not see a bright future for Waltonchain. It is worth buying only as a short-term speculation with a good exit strategy. Waltonchain is not a good long-term hold.
Is Waltonchain a good investment?
Waltonchain is not a good investment in our opinion. Why? Well, it faces a fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.
Can Waltonchain make you a millionaire?
No, Waltonchain can not make you a millionaire as we do not see it doing a 10x price increase any time in the future.
How much will Waltonchain be worth?
For the short-term future, it could reach $0.0722. In the long-term (8-10 years), it will most likely drop to 0 or thereabouts.
Why will Waltonchain succeed and go up in price?
Waltonchain has a slim chance of succeeding. It has no first mover advantage, it brings no unique value proposition, it has a weak team and small community behind it. All of this summed up prevents Waltonchain to succeed and rise in price for the long-term.
What is the short-term prediction for Waltonchain?
Waltonchain will reach $0.0722 in the next 90 days, which is a 61.2% change over the current price which hovers around $0.1860.
Waltonchain Price Prediction Today - What will be the price of Waltonchain tomorrow?
Waltonchain will hover around $0.1922 tomorrow.
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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
