In this guide, we will voice our own and market’s opinion on WRX future while discussing WazirX price forecast for 2024 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 WazirX.
Now, let’s head into it. Before we delve deep into the WazirX price prediction and answer questions if WRX is a good investment or not, why will WRX succeed or fail or why will WazirX price rise or drop, let’s quickly throw a glance at what is WRX and its to date history.
Our WRX price forecast suggests the token price will be around $0.0717 in the next 90 days.
👉 WazirX Price Prediction 2024
Our WRX price forecast suggests the token price will be around $0.2542 in 2024.
👉 WazirX Price Prediction 2025
We predict the WazirX price to hover around $0.3143 in 2025 based on our analysis.
👉 WazirX Price Prediction 2026
In 2026, we expect the WazirX price to be approximately $0.3657 according to our price prediction model.
👉 WazirX Price Prediction 2027
Our WRX prediction indicates the token price will be in the vicinity of $0.4600 in 2027.
👉 WazirX Price Prediction 2028
For 2028, we forecast the WRX price to be around $0.5543 given current trends.
👉 WazirX Price Prediction 2029
Looking ahead to 2029, we estimate the WazirX price will settle around $0.6486.
👉 WazirX Price Prediction 2030
Our WRX price prediction suggests a token price of about $0.6758 by 2030 based on projected growth.
What you'll learn 👉
WRX Coin Price Prediction – Intro
Founded in 2017 by Nischal Shetty, Siddharth Menon, and Sameer Mhatre, WazirX stands as a prominent cryptocurrency exchange in India. This platform facilitates the easy and secure buying, selling, and trading of a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, among others.
Renowned for its intuitive interface, sophisticated trading functionalities, and strong security measures like 2-factor authentication and SSL encryption, WazirX has become increasingly popular. Additionally, it features its proprietary digital token, WRX, which serves multiple roles on the platform, including reducing trading fees, earning rewards, and engaging in platform-specific activities.
The WRX token functions as the utility token for the WazirX cryptocurrency exchange, playing a pivotal role in the operation of the exchange. Holders of this token enjoy a range of advantages, such as reduced fees for trading, the opportunity to participate in WRX trade mining, access to exclusive token airdrops, and benefits related to margin fees.
WRX Price Prediction For The Next 90 Days
As the first part of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards post-halving rallies, with the BTC halving now behind us. Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $65k now, after it hit a new ATH of $73k in March. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $3,500 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.3 trillion.
Below is a tabular overview of how will WRX develop in the short-term (for the next 90 days), according to our prediction model:
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WazirX Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60-65k area. Total market capitalization is currently at around $2.3 trillion (it around $1 trillion in June last year).
This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, Bitcoin halving is now behind us, but BTC price didn’t perform well around this event (post-halving retracement mentioned above).
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR or ENA produced nice gains.
Looking ahead, the market is poised for what many experts believe could be a prosperous period. The Ethereum ETFs approvals are now also a done deal. All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
WRX Price Prediction 2025
Our prediction model sees WRX reaching $0.3143 in 2025.
What will WRX be worth in 5 years?
The price of WRX in 5 years could lie around $0.2914, according to CaptainAltcoin’s prediction model.
WazirX Coin Price Prediction 2030 – 2040
What WazirX will be worth in 2030?
Our forecasting model sees WazirX reaching $0.7858 in 2030.
What WazirX will be worth in 2040?
Our forecasting model sees WazirX reaching $1.57 in 2040.
Will WazirX replace / surpass / overtake Bitcoin?
No, WazirX will not replace or overtake BTC.
Can WazirX reach $10?
Yes, WazirX could reach $10 by the end of 2025.
Can WazirX reach $1000?
No, our prediction model sees no possibility for WazirX to reach $1000 in the short or mid-term period.
Is WazirX worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, WazirX is worth buying.
Is WazirX a good investment?
WazirX is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will WazirX be worth?
For the short-term future, it could reach $0.0717. In the long-term (8-10 years), it could jump to $0.7858 or even higher.
Why will WazirX succeed and go up in price?
WazirX has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees WazirX rising up to $0.7858 in 2030.
Why will WazirX 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 WazirX go?
Our forecasting model sees WazirX price exploding and reaching $1.57 in a distant future.
What is the short-term prediction for WazirX?
WazirX will reach $0.0717 in the next 90 days, which is a 41.8% change over the current price which hovers around $0.1233.
Can WazirX make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a WazirX millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in WazirX could make you a millionaire.
WazirX Price Prediction Today - What will be the price of WazirX tomorrow?
WazirX will hover around $0.1276 tomorrow.
Market Price Predictions
Here are the 2024 and beyond price predictions for WazirX (WRX) from five different sources:
- Gov Capital: Predicts a price of $0.46937338505385 by December 31, 2024.
- CoinCodex: Forecasts a range between $0.199013 and $0.524781 in 2024.
- Long Forecast: Estimates a value of $0.30 in July 2024.
- CoinMarketCap: Projects a price of $0.095509 in 2024, $0.208484 in 2040, and $0.339599 in 2050.
- DigitalCoinPrice: Suggests a price of $0.33 in October 2024.
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