Waltonchain (WTC) Price Prediction For 2020, 2023, 2025


Waltonchain price prediction or you can say Waltonchain forecast is done by applying our in-house deep learning(neural network) algorithm on the historical data of WTC. Based on the historical price input data the system predicts the price of Waltonchain (WTC) for various period of the future. 

What Is Waltonchain?
Waltonchain is a blockchain that 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.

Supply chain management is one of the most prominent and obvious uses of blockchain technology. Everyone from FedEx to Walmart is working on blockchain solutions to increase efficiency by reducing costs and friction. Projects like VeChain Thor are deeply focused on the problem too, even including NFC and QR codes, along with expanding into other enterprise operational matters.

The Waltonchain team is well-equipped for battle though – co-founders Do Sanghyuk and Xu Fangcheng have pedigrees as the Directors of the Korean Standard Products Association and Septwolves Group Ltd., respectively. And Kim Sukku, a former Samsung VP, serves as Chief Scientist Advisor.

Waltonchain is named after Charlie Walton, who invented RFID technology. It’s also an acronym for Wisdom Alters Label, Trade Organization, and Network. It’s not related to Walmart or the Walton family who owns that retailer.

By focusing on one of the most-used technologies in supply chain, Waltonchain can build a sustainable business. We’ll start our research into the project with a deep dive into Waltoncoin (WTC), the proprietary cryptocurrency coin of the Waltonchain blockchain.

How Does Waltonchain Work?
Other than serving as a tribute to the inventor of RFID technology, WALTON is an acronym for Wisdom Alters Label, Trade, Organization, and Network. This seems a little forced, and it’s not entirely clear what it actually means, but it fits well with the name.

Value Internet of Things (VIoT)
Waltonchain introduces the concept of the Value Internet of Things to describe the combination of their proprietary RFID chips with blockchain technology. Using RFID tags, blockchains can now store physical items (or at least data representations of them) on-chain.

RFID (Radio-frequency identification) tags use electromagnetic fields to identify objects. They’re most commonly utilized in inventory tracking, library systems, and product kiosks like Redbox.

With Waltonchain, a simple scan of the RFID tag provides you with all the information you need to know. What the product is, where it’s been, who’s handled it, and other important data is all stored on the blockchain through these tags.

Applying VIoT to logistics has a myriad of benefits:

  • Improved security through blockchain technology
  • Accurate tracking of a product back to its origin
  • Anti-counterfeiting through RFID identification
  • Decentralization without the need for trust
  • Reduced labor costs.


Waltonchain Summary
Waltonchain is one of many enterprise-grade supply chain solutions integrating RFID IoT data onto the blockchain. It’s named after the inventor of RFID and is not associated nor partnered with Walmart. The project is well endorsed in China and other countries in the Southeast Asia region. The success of Waltonchain hinges on these key factors:

Waltonchain stores RFID information in smart contracts on an Ethereum-like blockchain that supports parent and child chains.

Waltoncoin (WCT) is the proprietary ERC-20 token of the Waltonchain mainnet. It’s mined using a hybrid WPoC consensus algorithm that balances stake and work among nodes.
Individual users can create and issue their own tokens on the Waltonchain network using whatever consensus algorithm they please.

With these pieces in place, Waltonchain has a solid technical architecture in place 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.

If it can carry the weight, people may one day wonder if Walmart is a subsidiary of Waltonchain, instead of the other way around.

Our WTC Token Price Prediction for 2020
WTC, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, WTC can hope for one as well.

Since a strong Bitcoin move in 2020 is very likely, we can expect some swings and moves upwards by WTC as well. So 2020 will be a year of potential big moves (more likely upwards) and we can see WTC at least doubling its end of 2019 price value.

Of course, we speak about WTC price denominated in USD. In terms of its BTC value, it is more likely that BTC will outperform it and WTC will be worth less Satoshis by the end of 2020.

In general:
The main currency in cryptocurrency markets is Bitcoin and given this, altcoins tend to fuel Bitcoin runs and Bitcoin tends to do the same in return. Given this relationship, Bitcoin price movements (or lack thereof) tend to effect altcoin prices.


Market prediction for Waltonchain – WTC Price 2020
With the market being completely unpredictable, forecasting the cryptocurrency price is really more of a gamble and luck rather than a data driven guesstimate
Let’s throw a glance at the eminent publications and personalities, and their predictions regarding the WTC price, which will give us another point of view to consider:

CryptoGround
Cryptoground.com is cryptocurrecy prediction algorithm that is moderately to overly bullish on most of coins, similarly on WTC token as well. They forecast WTC to climb up to $5.70 per token by EOY, which means a 3-4x increase in comparison to the current price.

Wallet Investor
Walletinvestor is a popular website that does technical analysis-based price predictions of various cryptocurrencies and traditionally has a skeptical outlook for most coins, but especially for WTC. According to them, WTC is expected to sink by almost two orders of magnitude – from the current $1.27 to $0.06 by the end of the year.

Trading Beasts
Trading beasts is on a diametrically opposite side of Walletinvestor and sees a much more bullish future for Waltonchain token. Their algo forecasts that WTC can climb to around $8.67 within a year which means it will essentially grow 5-6x in value in the next year.

Digitalcoinprice
Another crypto prediction algorithm that is most conservative in its approach of the 4 we enumerated here – DCP usually predicts price to hover around the same level as the current state, forecasting a twofold increase or reduction for certain coins. WTC is on the bullish side of their algo that sees it reaching $2.37 per coin by December 2020.

WTC Price Prediction 2021
WTC has been one of the most hyped projects during the 2017 crypto frenzy that spawned thousands of new coins. However, unlike many other vaporware projects, WTC team kept working on their product and the project seems to have some sort of future, despite facing some bad PR due to lack of sound communication skills. In 2021, once the market wipes out the worthless projects, WTC might jump into spotlight and top 10 coins ranks which could see the WTC token price go up to its all time high levels of $42 per coin.

WTC Price Prediction 2023
If WTC lives long enough to see 2023, that would mean the project stood the test of time, delivered the planned product and has a stable, growing user base. All of this would lead to the token being worth at least 10-100x than its hitherto all time high. That would mean WTC would cost $420-4200 per coin.

WTC Price Prediction 2025
Again, if WTC lives long enough to see 2025, that would mean the project stood the test of time, delivered the planned product and has a stable, growing user base. All of this would lead to the token being worth at least 100x+ than its hitherto all time high. That would mean WTC would cost $4200+ per coin.


Commonly Asked Questions 

Q1. Is it profitable to invest in Waltonchain (WTC) ?
Based on the data, it can be predicted that it is Profitable to invest in Waltonchain (WTC) for the long term. By long-term, we mean that the Waltonchain forecast for a period of 5+ years.


Q2. What will be the price of Waltonchain (WTC) after five years?
The price of Waltonchain (WTC) after 5 years (from today) will be around $34.6876.

Q3. What will be the price of Waltonchain (WTC) in 2022?
The price of Waltonchain (WTC) in 2022 will be about $14.8777.

Q4. What was the highest price of Waltonchain so far?
The highest price of Waltonchain was 42.17 USD, recorded at 2018-01-27.

Post a Comment

0 Comments