Wrapped Bitcoin is a tokenized version of Bitcoin that is built on the Ethereum network. The salient feature of WBTC tokens is that they are pegged to the Bitcoins in a 1:1 ratio. The value of Bitcoin in turn determines the value of the WBTC tokens too. Since it is based on Bitcoin and is built on the Ethereum protocol, the platform is highly interoperable between both protocols. Moreover, the investors can make use of the higher liquidity that the Wrapped Bitcoin platform enjoys.
What Is A WBTC Token?
WBTC is a crypto coin that is ERC-20 compliant. It is used to trade on several decentralized exchanges, lending, borrowing, yield farming, etc. It can also be used for margin trading of other crypto tokens.
- Current Market Price: $65,290.56
- Market Capitalization: $9,974,673,485
- Fully Diluted Valuation: $9,974,673,485
- Total Value Locked (TVL): $10,002,907,938
- 24 Hour Trading Volume: $344,843,127
- Volume/Market Capitalization (24 hours): 3.11%
- Circulating Supply: 153,024
- Total Supply: 153,024
- Maximum Supply: 153,024
Wrapped Bitcoin (WBTC) Price Prediction 2024 – 2030
WBTC token is trading at $ 65,290.56 at present.
The expected long-term price range of the WBTC token, with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $58,755.59 | $129,184.86 | $143,183.20 |
| 2025 | $140,141.86 | $162,816.64 | $167,955.16 |
| 2026 | $191,804.92 | $224,132.57 | $231,083.72 |
| 2027 | $251,108.03 | $274,667.14 | $298,564.62 |
| 2028 | $251,108.03 | $274,667.14 | $298,564.62 |
| 2029 | $310,108.76 | $337,765.77 | $357,795.67 |
| 2030 | $439,967.11 | $471,066.98 | $480,895.48 |
Wrapped Bitcoin (WBTC) Price Prediction 2024
WBTC token price for the year 2024 is given in the table below.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| June 2024 | $65,290.56 | $65,290.56 | $65,290.56 |
| July 2024 | $55,543.43 | $90,172.97 | $143,036.63 |
| August 2024 | $54,201.59 | $112,079.06 | $140,821.26 |
| September 2024 | $57,165.34 | $110,396.21 | $140,277.75 |
| October 2024 | $55,235.41 | $126,415.16 | $141,438.39 |
| November 2024 | $57,837.54 | $99,097.10 | $137,431.85 |
| December 2024 | $55,056.65 | $129,184.86 | $138,986.25 |
Wrapped Bitcoin (WBTC) Price Prediction 2025
The detailed price prediction data of the WBTC token for the year 2025 is given in the table below.
| Year | Low Price | Average Price | High Price |
| January 2025 | $137,739.72 | $158,206.42 | $159,660.82 |
| February 2025 | $138,060.57 | $143,099.63 | $167,824.59 |
| March 2025 | $139,628.94 | $141,676.23 | $161,119.31 |
| April 2025 | $138,230.60 | $140,271.36 | $147,242.15 |
| May 2025 | $137,433.94 | $147,807.56 | $167,955.16 |
| June 2025 | $139,757.98 | $162,816.64 | $164,507.84 |
| July 2025 | $137,762.65 | $146,945.08 | $164,507.84 |
| August 2025 | $138,993.13 | $144,993.22 | $152,610.50 |
| September 2025 | $138,179.86 | $145,571.82 | $156,840.86 |
| October 2025 | $137,974.15 | $143,650.66 | $145,344.69 |
| November 2025 | $140,141.86 | $144,851.59 | $167,771.32 |
| December 2025 | $139,144.23 | $147,272.57 | $149,244.37 |
Wrapped Bitcoin (WBTC) Price Prediction 2030
The detailed price prediction data of the WBTC token for the year 2030 is given in the table below.
| Year | Low Price | Average Price | High Price |
| January 2030 | $438,485.51 | $471,066.98 | $480,895.48 |
| February 2030 | $437,650.64 | $461,105.59 | $480,195.84 |
| March 2030 | $437,578.53 | $439,601.61 | $470,656.69 |
| April 2030 | $439,559.08 | $444,568.79 | $460,452.57 |
| May 2030 | $437,926.98 | $465,862.41 | $476,798.55 |
| June 2030 | $438,563.18 | $452,975.83 | $460,769.57 |
| July 2030 | $437,640.70 | $465,928.12 | $471,412.87 |
| August 2030 | $437,652.98 | $443,061.06 | $464,337.51 |
| September 2030 | $437,566.18 | $468,734.81 | $470,306.09 |
| October 2030 | $439,481.59 | $451,865.14 | $458,699.92 |
| November 2030 | $439,967.11 | $448,205.95 | $458,914.73 |
| December 2030 | $437,717.43 | $452,940.17 | $458,317.28 |
Where And How To Buy WBTC Tokens?
WBTC tokens are listed in the following exchanges.
- Binance
- Coinbase exchange
- Kujira Fin
- Uniswap
- Kyber Network
To buy WBTC tokens,
- Create your account in any exchange mentioned above.
- Link your crypto wallet to this account. Transfer money from the crypto wallet to your account on the exchange by clicking ‘BUY’.
- Check if the WBTC tokens have been transferred to your account.
The Bottom Line: Is WBTC A Good Investment?
The current market sentiment of the WBTC token is bearish with 18 technical analysis indicators showing bearish trends and 13 technical analysis indicators showing bullish trends.
The 50-day SMA and 200-day SMA of WBTC tokens are $66,125 and $56,051, respectively. While the 50-day SMA is slightly above the current trading price, the 200-day SMA of the WBTC tokens is way below its current trading price, so the WBTC token will not be a profitable investment in the long term. In 2025, the price is predicted to increase by 19.72%, and in 2030, the price will rise by 60.29%.
The final verdict is that WBTC tokens are not a profitable investment in 2024–2030 as it is having a bearish market.
