Wrapped Bitcoin (WBTC) price prediction for 2030
Hello friends, nowadays scam coins are scattered all around in the market. You must be seeing on many YouTube channels that buy these scam coins. You will get profit up to thousand-thousand times. Friends, do not become a millionaire with these scam coins, you can definitely become a roadpati. And this time there is a very good chance to get the best coins at their lowest prices. So always choose only those coins which have a future. Who has a roadmap? who are working on a project. In today’s article we will talk about Wrapped Bitcoin (WBTC). We can also call it the younger brother of bitcoin. It is very similar to bitcoin, but only it works on other blockchains apart from bitcoin.
If you also want to get all the information about Wrapped Bitcoin (WBTC). You also want to know what is Wrapped Bitcoin (WBTC)?, How it works?, What is the cost of Wrapped Bitcoin (WBTC)?, What is the total supply of Wrapped Bitcoin (WBTC) and its maximum supply?, What is its future? is gonna be? So read this article till the end. Before knowing all this, I would like to tell you that if you are mistaking it as the younger brother of bitcoin, then for your information, let me tell you that this has happened many times, when its price is more than ‘bitcoin price’. times increase. Just in the middle, the price of this coin had become 10 times more than bitcoin.
1. What is Wrapped Bitcoin (WBTC)?
It is a copy of bitcoin itself which works on the ethereum blockchain or we can also say that it is a token of bitcoin, which was launched on ethereum blockchain. The main purpose of launching this coin was that in the earlier times when Ethereum was launched, due to the advanced technology of Ethereum, people started using ETH, but there was also a danger with Ethereum that it was attacked by 51%. Can happen anytime. Because of which people wanted to use bitcoin at the same time. So that’s why the team at Bitcoin came out with one of their tokens on top of the Ethereum blockchain. This token is in a 1=1 ratio with bitcoin.
One of the reasons for creating Wrapped Bitcoin (WBTC) was because people who were using Ethereum notes for transactions. He was unable to use the bitcoin note. So to overcome this problem also Wrapped Bitcoin (WBTC) was launched on top of Ethereum (ETH). Wrapped Bitcoin (WBTC) was listed on https://coinmarketcap.com/ on 1 February 2019. At the time of its listing, its price was Rs 2,46,995.
Now because everyone knew that this coin was created by the ‘Team of Bitcoin’. So for this reason everyone liked this coin very much and as soon as this coin came in the market, this coin created panic. Within 5 months of the listing of this coin, its value had exceeded 7 lakhs, but then as we all know that there have been many market crashes between 2019 and 2021. Due to which its price was also affected a lot. After reaching above 7 lakhs, there was a fall in its price and in March 2020, its price went down to less than 3 lakh 80 thousand.
After some time, as soon as the market started to recover. Its price suddenly started increasing very much and its price had increased to more than 47 lakh 46 thousand in April 2021. Talking about the all-time high of this coin, it happened in September 2021, when its value exceeded 49 lakhs.
2. Who created Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin (WBTC) is not created by a single person. This is a project made by 3 exchanges together. Which is named… BitGo, Kyber Network and Ren.
3. What is the supply of Wrapped Bitcoin?
The supply of Wrapped Bitcoin (WBTC) is not yet known. Talking about its total supply, it is 2,58,940 Wrapped Bitcoin (WBTC).
4. How Much PROFIT Will Wrapped Bitcoin (WBTC) Make in 2030?
In today’s date Wrapped Bitcoin (WBTC) is trading around Rs.24,91000. If you invest 1000 rupees in this, you will get .00040 coins. According to the Trading Today website, the expected return of this coin can be 1.9 times a year in the coming years as it is the last year that this coin has made its all-time high which was 49 lakhs and now it is getting almost half its price. . So this time is very good opportunity to buy this coin. In the coming 1-2 years also it can give much higher returns at 1.9 times year over year.
So if this coin gives year return of 1.9 times, then by the end of 2023 your investment will be Rs 1900. By the end of 2024, that is, by the end of the second year, the value of your investment will be around Rs 3600. By the end of the third year i.e. by 2025, your investment will increase to Rs.6800. By the end of the fourth year i.e. 2026, this amount will increase to 13000 thousand rupees.
Friends, you must be feeling that its rate of return is very low, but friends are as good as coins. Their rate of return will be low, but stable. Suddenly they won’t pump or dump. So by 2027, ie at the end of the fifth year, your invested amount will increase to 24000 thousand rupees. By 2028, this amount will change to 47000 thousand rupees. In 2029 i.e. after 7 years from today it will be 89000 thousand rupees and by 2030 it will be 1,69,000 rupees.
If we talk about 10 years from today, if we have invested 1000 rupees, then how much money will we get from the rate of return of the year at 1.9 times?
So after exactly 10 years from today i.e. till 2032, if this coin gives yearly return of 1.9 times, then what will be our return of investment. That would be Rs 6 lakh which is quite a lot. Although according to the crypto coin, you may find the return of this investment very low, but friends, it is better to invest the entire money in any mime coin and get a return in a good and stable coin. Even if that return is slightly less.
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Friends, Wrapped Bitcoin (WBTC) is a coin with a lot of potential. This project has a future. It has set its milestones and is slowly achieving it. You can invest a small amount in this, but do your research before investing. Do not invest in any coin at all without doing research. Thank you !!!!