Waltonchain Price Prediction

Waltonchain is a platform that provides Internet of Things solutions and believes in creating a new business ecosystem on blockchain. Waltonchain has already been used by a number of businesses, such as logistics, authentication, and identification. The main idea of this project is to help businesses expand their possibilities with the help of IoT.

Walton is the name of the parent chain in the ecosystem. Users are able to create sub-chains with their own tokens and consensus mechanisms.

Waltonchain proposed a special combination of RFID chips with blockchain technology. RFID chips are small and easy to use. Waltonchain created its own RFID chips, that contain additional information, such as encryption and decryption model, storage space, anti-collision logic, etc.

WTC is a native token of the Waltonchain platform. It can be used for various purposes, including sub-chains issuing, credits and mortgages, exchange, rewards, voting and governance. It is also often used as collateral to facilitate collaboration between sub-chains. The WTC token can be earned by completing tasks provided by the Waltonchain Global Autonomous Foundation.

WTC Statistics

Waltonchain Roadmap

Waltonchain does not have a published roadmap on the website. However, there are announcements that cover the most significant events planned for the upcoming year. Thus, the announcement that was issued in February 2022 says the following:

1. NFT products
   
   NFTs fit the idea of the IoT blockchain concept. Plans for 2022 include building an NFT platform that will be combined with DeFi solutions.
2. Identification
   
   In order to make Waltonchain native wallets more secure, developers are going to introduce an NFT identification system.
3. Derivative ecosystem construction
   
   There will be more diversified services, such as DEX, a liquidity aggregation platform, and an insurance pool.

Crypto community about Waltonchain

To see people’s opinion on the WTC token and the Waltonchain project you can go to their social media accounts, for example, Twitter.

However, it is important to notice that members of the community may have very different points of view. Some of them, undoubtedly, show their absolute support.

Others, on the other hand, believe that the platform can do better.

And there is the third category of users, who seem to be unsatisfied with the work of Waltonchain and they are not afraid to announce their position.

This polarization of opinions is a good reminder of the fact that to make the right decisions it is important to make your own research and probably consult with a member of the team directly, which is possible on the official social media accounts.

WTC Price Prediction

Now let’s get to the most interesting part - price prediction.

WTC Price Prediction 2024

As of May 16, 2022:

According to Tradingbeasts.com the price will fluctuate around $0.28, by the end of the year it may show an increase up to $0.31. Digitalcoinprice.com shows high volatility for this year. The price may try to reach the $0.30 level, the maximum expected for 2024.

WalletInvestor.com has more pessimistic forecasts. According to this site data WTC may surpass the $1 level in January, but in February it will continue its bearish trend.

WTC Price Prediction 2025

As of May 16, 2022:

For 2025 Tradingbeasts.com forecasts a strong upgoing trend.

Digitalcoinprice.com forecasts the price to fluctuate around $0.35. It may try to reach $0.40, but by the end of the year it will go down back to $0.31. WalletInvestor.com expects the price to be around $0.006 during the whole year with a short-term exception in February, when the price may show a little increase.

Waltonchain Historical Price Analysis

As of May 19, 2022:

All-Time High (Jan 28, 2018): $45.96

All Time Low (May 12, 2022): $0.1144

Waltonchain is an example of the fact that the Crypto World forgets nothing. It was doing great until February 2018. The team decided to have a St.Valentine’s giveaway, which seemed to be a good idea and was supported. However, later they published a list of winners, which included quite a lot of accounts with the ‘Waltonchain’ in their names. This mistake could not have gone unnoticed. Even though the tweet was deleted immediately, it caused a terrible effect on the price. It is only now when WTC is starting to show some recovery. And according to some optimistic forecasts, it may get the bullish trend back.

Waltonchain provides interesting solutions for business. The last several years showed the world that online communication and online business structure are the must-haves. This is where Waltonchain is ready to help. The unfortunate mistake caused the project its reputation and threw it back significantly. However, they did not give up and continued to develop their ideas and service, and thus, it may be worth paying attention to.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.