WBTC Price Prediction – Why These 5 Cryptos Are A Better Bitcoin Alternative

Everyone knows Bitcoin is the most popular crypto on the market right now. But did you know theres a coin whose price is exactly like Bitcoin but has different technology?

Today in this article, we are going to look at Bitcoins twin brother, Wrapped Bitcoin (WBTC), and how its been performing lately. We will also be going to look at some other better coins like D2T, TARO, IMPT, and RIA that experts think will explode and beat Bitcoin. So lets get started.

Whats a Wrapped Bitcoin?

Basically, wrapped tokens allow you to move native assets from one blockchain to another. The Wrapped Bitcoin (WBTC) is one of the most well-known wrapped tokens. Theres a 1:1 peg between WBTC and Bitcoin (BTC), which means one WBTC always equals one BTC no matter what happens. You can convert BTC to WBTC or vice versa.

Unlike bitcoin, WBTC is an ERC-20 token, meaning its faster to transfer, but its biggest advantage is its integration with Ethereum wallets, decentralized apps, and smart contracts. At the moment, there are 236,372.41 WBTC in circulation.

WBTC Price Prediction

From day one, WBTC replicated the BTC price chart and paid out great returns. In 2021, the token started out strong, and for the very first time, the price shot up to $63,000. WBTCs price has been a bit volatile since then.