Wrapped Bitcoin (WBTC) Price Prediction 2020, 2021, 2025, 2030

What is Wrapped Bitcoin?

Wrapped Bitcoin is the project that fully collateralized ERC-20 Ethereum Blockchain Token with Bitcoin. the platform designed on Ethereum to bring liquidity to DeFi Apps. WBTC is created & launched by combination of DeFi Project including Bitgo, Kyber Network and REN. Basically, it takes advantages from different blockchain network along with Ethereum.

Wrapped token will be having centralized token, but it will be relying on consortium of institution that important to manage different department on the network. so, ultimately network has framework for asset backed tokens eliminated problem of scalability, trust, regulation and governance.

WBTC utilized tokenization on Bitcoin powered by Ethereum to solve problem speed of transaction, third party, security, usability and transparency. WBTC also brings liquidity on decentralized exchange (DEX) and Decentralized Apps (dApps) and also help to create smart contract to bitcoin easily. however, WBTC will be backed by stablecoin and fiat currency to offer safety to the trades and problem occurred while exchanging crypto asset. it also enables interoperability with different blockchain asset to focus on cheaper transaction fees, smart contract ability, nodes operation and privacy.

Wrapped Bitcoin Price Prediction

Month & YearWBTC Price Prediction
September 2020$13,306
October 2020$15,503
November 2020$14,404
December 2020$15,259
January 2021$17,700
February 2021$18,799
March 2021$16,113
April 2021$20,386
May 2021$21,118
June 2021$22,827
July 2021$19,043
August 2021$23,071
September 2021$26,978
October 2021$28,320
November 2021$26,001
December 2021$32,593
January 2022$35,767
February 2022$40,772
March 2022$44,312
April 2022$41,138
May 2022$46,997
June 2022$45,044
July 2022$28,320
August 2022$29,175
September 2022$31,250
October 2022$33,569
November 2022$33,936
December 2022$35,034
January 2025$96,314
April 2025$94,971
July 2025$100,464
October 2025$115,113
Decemeber 2025$106,690
January 2030$161,622
April 2030$172,364
July 2030$167,115
October 2030$170,655
December 2030$184,571

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Wrapped Bitcoin Overview

Project nameWrapped Bitcoin
Ticker SymbolWBTC
Total Supply21,000,000
Official websiteWbtc.network
Based onERC-20 backed Bitcoin
Launched year2019
All-time high$40826 USD
Exchange PlatformDDEX, Kyber Network, Uniswap, Switcheo Network, Radar Relay, Oasis, Bitfinex, Compound, Uniswap v2.
WalletMyEtherWallet

Wrapped Bitcoin Price Analysis

WBTC listed in early 2019 with opening average price noted of CMC was $3504 USD and then on 28th august 2018 it reaches to all time highest price i.e. $40826 USD with 1065.13%. however, WBTC after crossing $10k USD mark started following neutral trend with small price fluctuation. Now, in 2020, initially WBTC was following neutral trend but in July after crossing $11k USD may be heading towards to bullish trend, following Bitcoin footstep.

Wrapped Bitcoin Price Prediction

FAQ

Can WBTC Reach $20000 USD?

Yes, most probably after 2024.

How Much WBTC Worth in 2030?

Expected to reach $60k USD

Is Wrapped Bitcoin a Good Investment?

Yes, long term only more beneficial.

Conclusion

Bitcoin connected to the Ethereum Blockchain thanks to ERC20 and its innovation. Wrapped Bitcoin will help to create and format smart contract for Bitcoin and users can uses Bitcoin in trade to bring Bitcoin liquidity to the decentralized Exchange. So, user can security make transaction using bitcoin with lesser transaction fees and will have faster transaction speed than original Bitcoin network. WBTC will be playing major role in bringing innovation of Decentralized Finance market with this Ethereum and Bitcoin collaboration.

Wrapped Bitcoin Rating