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.
During September, WBTC prices rose to $52,564, and on 10 November, the token hit an all-time high of $67,540. The WBTC price fell in the aftermath of the high, finishing in 2021 at $46,434.
The crypto market has had a rough start to 2022, and most coins have experienced a steep decline recently. The price of WBTC dropped below $20k, and now its at $16,744.
Similar to Bitcoin, Wrapped Bitcoin has fallen a lot this year. Heres what some experts say about its future.
- Wallet Investor predicts a bullish future for WBTC. Theres a chance the average price will be $63,401 by 2022 and $154,791 by 2025.
- Digital Coin has lower price targets for WBTC. As of 2022, WBTC is predicted to be $50,510, growing to $57,533 in 2023 and $73,278 in 2025.
- Price Prediction predicts that WBTC will average $55,066 by 2022 and $175,557 by 2025.
Other Amazing Coins You Should Know
WBTC is similar to BTC in a lot of ways; here are a few other awesome coins you should know about
- Dash 2 Trade (D2T) A Cutting-Edge Crypto With Feature-rich Data Tools
- RobotEra (TARO) An Amazing Robot-Themed Metaverse Game
- IMPT Biggest Eco-Friendly Crypto On The Market
- Calvaria (RIA) Top Trending NFT-Based Trading Card Game
- Cardano (ADA) Best Open-Source Blockchain Project
- Dash 2 Trade (D2T)
Dash 2 Trade is a top-notch ecosystem that offers tons of tools and features to simplify and enhance your trading experience. A tool like Dash 2 Trade has proved to be extremely valuable as crypto markets have boomed in recent years.
As per the projects roadmap, Dash 2 Trade is expected to launch in the first quarter of 2023. There are numerous features coming with Dash 2 Trade, including crypto trading signals, technical indicators, and a backtesting tool, to name just a few.
D2T powers the Dash 2 Trade ecosystem, which can be used to backtest, run contests and reward users. Furthermore, these tokens are tax-free, so you can enter and exit the platform for free.
- RobotEra (TARO)
RobotEra is a new sandbox-style metaverse where you play as robots, virtual avatars who build planets, collect resources, own land, and make robot friends. In RobotEra, you can customize everything, including the 3D scenes, sounds, physics, and even how you interact with the robots. Also, the robots are NFTs, so they can be sold or kept.
RobotEra shares many features with Minecraft, but it also has some really cool crypto-based elements like solid blockchain technology, DeFi functionality, NFTs, cutting-edge tokenomics, and more.
RobotEra is driven by TARO, a utility cryptocurrency used for transactions and interactions. With TARO, you can create assets, build a user-based rewards platform, and open up new gameplay experiences, all built on the Ethereum blockchain.
IMPT is a revolutionary platform that offers a solution to one of the greatest challenges facing humanity today: climate change. To do this, IMPT will set up a marketplace where carbon credit trades can be conducted between companies and crypto investors.
IMPT rewards you with IMPT tokens for shopping through their platform. Youre rewarded based on what company you shop with, along with what ESG quotas that company has.
You can hold or trade IMPT tokens, and if you want to redeem them, you can trade them for carbon credits as NFTs. When you redeem your IMPT, you burn it, so the tokens become more scarce.
- Calvaria (RIA)
Calvaria is a new P2E game that features non-fungible tokens (NFTs) in a battle royale setting, as well as NFT trading cards featuring popular characters. The gameplay takes place in an afterlife setting, with NFTs representing characters with various abilities for you to build strategies around. To be rewarded, you must win games and compete to become the best.
You can play Calvaria for free, and thats awesome. Plus, its so well designed that its easy to play even if youre not into crypto games. Players will learn how to create crypto wallets as well as a walkthrough of the gaming ecosystem.
The native token of Calvaria is RIA. You can use it to buy NFTs. Additionally, you can stake these tokens to earn more, as well as participate in Calvarias autonomous organization (DAO). By staking their RIA tokens, holders can vote in the game.
- Cardano (ADA)
Cardano is a blockchain network that runs financial applications for businesses, consumers, and governments worldwide.
Using it, you can make quick, secure transfers of digital money, ensuring fast, direct transfers. With its layered development, the blockchain can be maintained and upgraded easily by a dedicated team of coders and engineers. Cardanos currency token is ADA.
So there you have it. This was an overview of WBTC and its price prediction, plus some other coins that are doing better than Bitcoin. Since not everyone can afford BTC, investing in these top-performing coins with really cool features would be a great idea because theyre super cheap.
RIA offers an immersive trading card game experience, and TARO takes you on a fantastic metaverse adventure. On the other hand, D2T makes trading easier with powerful data tools, and IMPT offers carbon credits as NFTs for a greener future.
All four will make a find addition to your and help you turn a health profit if you buy them now at their lowest possible price!