In this guide, we will express our and the market’s opinion on the future of the WTC as we discuss Waltonchain’s price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like Waltonchain.
Now, let’s get into it.
Before we delve into Waltonchain’s price prediction and answer questions about whether the WTC is a good investment or not, why the WTC will succeed or fail, or why Waltonchain’s price will rise or fall, let’s quickly take a look at what the WTC is and its history to date.
Introduction to WTC
Waltonchain is a blockchain focused on supply chain management that is working on software and hardware infrastructure to make the world more connected and informed about the decisions we make. The project was launched at the end of 2017, but has been conceived and worked on 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 is also an acronym for Wisdom Alters Label, Trade Organization and Network.
RFID has been around 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 hardware (chips) and software (blockchain), Walton is creating solutions for different 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 betting WTC and running a WTC masternode.
WTC token price prediction for the next 90 days
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how the WTC will develop in the short term (for the next 90 days), according to our forecast model:
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are many very bad ideas, and
there are many very, very bad ideas, and also some scams”
Waltonchain Coin (WTC) Future Outlook – WTC Price Prediction 2023
However, not all projects have the same chance of failure (risk), nor do they have the same upside potential (reward).
As a result of the incompetence and lack of integrity of ICO teams, fueled by the basic human instinct that is the greed and naivety of crypto investors, more than 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of the projects will become the new Apple, Google or Alibaba in the cryptocurrency sector. Will the WTC be in that 5%?
Waltonchain has a solid technical architecture in place, a huge team, supposed support from the 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 has created a defensive and competitive “moat” around its business by combining hardware (chips) and software (blockchain) and is emerging as a leader in IoT + blockchain chip manufacturing solving current hardware challenges. They produce patented chips that are more advanced, safer and cheaper (less than 5 cents each).
History has shown that truly innovative technology takes more and more time to develop, costs more to finance and is often questioned before it officially arrives on the market. Despite the fact that the WTC has been around for quite some time (~2 years, or 200 years in crypto-years), the innovative efforts and challenges Waltonchain is facing are easily among the biggest in the cryptocurrency world. Patience is a virtue…
However, before we can expect Waltonchain to see widespread adoption, it’s fair to say that the broader cryptocurrency world will need to see its own adoption. It will take time, an effective marketing campaign, increased awareness, further development and meaningful partnerships before a ramp in adoption can be expected.
This makes Waltonchain one of the most intriguing projects to have in your portfolio: the upside is huge but the risk is even greater. Investing in the WTC only makes sense on a very long time scale and proper management of expectations – it could easily end ingloriously.
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
WTC Price Prediction 2025
Our forecast model sees the WTC reaching $0.1787 in 2025.
How much will the WTC be worth in 5 years?
The price of the WTC in 5 years could be around $ 0
Waltonchain Price Prediction 2030 – 2040
How much will Waltonchain be worth in 2030?
Our forecasting model sees Waltonchain reaching $0 in 2030.
How much will Waltonchain be worth in 2040?
Our forecasting model sees Waltonchain reaching $0 in 2040.
Will Waltonchain replace/surpass/surpass Bitcoin?
No, Waltonchain will not replace or exceed BTC.
Can Waltonchain reach $1?
Yes, Waltonchain could reach $1 by the end of 2025.
Can Waltonchain reach $10?
No, our forecasting model sees no chance for Waltonchain to reach $10 in the short or medium term.
Can Waltonchain reach $100?
No, our forecasting model sees no chance for Waltonchain to reach $100 in the short or medium term.
Why will Waltonchain go bankrupt and fall in price?
Cryptographic projects fail for various reasons. Some of the most common are: the 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 a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform.
How high will Waltonchain go?
Our forecasting model sees the price of Waltonchain plummet and fall to almost 0 in the distant future.
Is Waltonchain worth buying?
We don’t 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. Because? Well, it faces fierce competition from other similar crypto projects, it doesn’t stand out for its technology and innovation, it doesn’t have a real community (not counting speculators and the hype-chasing crowd), and the team behind the project isn’t proven.
Can Waltonchain make you a millionaire?
No, Waltonchain can’t make you a millionaire as we don’t see it doing a 10x price increase anytime in the future.
How much will Waltonchain be worth?
For the short-term future, it could reach $0.0771. In the long term (8-10 years), it will most likely drop to 0 or so.
Why will Waltonchain succeed and go up in price?
Waltonchain has little chance of success. He has no first-time advantage, he doesn’t bring any unique value proposition, he has a weak team and a small community behind him. All this summarized prevents Waltonchain from being successful and increasing the price in the long term.
What is the short-term forecast for Waltonchain?
Waltonchain will reach $0.0771 over the next 90 days, which is a 59.6% change from the current price which hovers around $0.1909.
Waltonchain Price Prediction Today – What Will Waltonchain Price Be Tomorrow?
Waltonchain will hover around $0.2063 tomorrow.