In this guide, we will express our and the market’s view of the future of WAXP as we discuss WAX price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt as predicting anything is a thankless task, let alone predicting the future of a new highly volatile financial asset like WAX.
Now, let’s get into it. Before we delve into WAX price prediction and answer questions about whether WAXP is a good investment or not, why WAXP will succeed or fail, or why the WAX price will rise or fall, let’s quickly take a look at what WAXP is and its history to date.
WAXP 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.
WAX Price Prediction 2023
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.
WAX Price Prediction 2025
Our forecast model sees WAX reaching $0.0876 in 2025.
How much will WAX be worth in 5 years?
The price of WAX in 5 years could be around $ 0.0845
WAXP Price Prediction 2030 – 2040
How much will WAX be worth in 2030?
Our forecast model sees WAX reaching $0.2190 in 2030.
How much will WAX be worth in 2040?
Our forecast model sees WAX reaching $0.4379 in 2040.
Will WAX replace/surpass/surpass Bitcoin?
No, WAX will not replace or exceed BTC.
Can WAX reach $1?
Yes, WAX can reach $1 by the end of 2022.
Is it worth buying WAX?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, against this background, it is worth buying WAX.
Is WAX a good investment?
WAX is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will WAX be worth?
For the short-term future, it could reach $0.0260. In the long term (8-10 years), it could jump to $0.2190 or even higher.
Why will WAX succeed and go up in price?
WAX 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’s why our forecasting model sees WAX rise to $0.2190 in 2030.
Why will WAX 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 WAX go?
Our prediction model sees the WAX price explode and reach $0.4379 in the distant future.
What is the short-term forecast for WAX?
WAX will reach $0.0260 over the next 90 days, which is a 41.2% change from the current price which hovers around $0.0442.
Can WAX make you a millionaire?
Yes, if you buy a large enough sum. Don’t expect to invest $100 and become a WAV millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in WAX could make you a millionaire.
WAX Price Prediction Today – What will be the price of WAX tomorrow?
Tomorrow WAX will be around $0.0482.