Using Bitcoin has become customary in the past few years as more and more users have learned to trade with this famous currency. However, the question was how to use this currency in the Ethereum ecosystem.
The answer is Wrapped Bitcoin (wBTC), a token backed one-to-one by Bitcoin, so that you will get one BTC for wBTC every time. This currency allows users to trade on various Ethereum decentralized apps and Ethereum decentralized finance (DeFi) ecosystem. The liquidity of wBTC is provided by the ERC-20 token standard to the DeFi ecosystem. As the opposite of the past when Bitcoin users could only trade with it, now they can access DeFi dApps and similar projects.
However, although the currency is marked as safe and stable, we know that Bitcoin is not always on that level of safety. As we remember the dramatic drop in value in May, we are not sure it is safe for trading. Buyers instead turn to the more sustainable, trustworthy, and promising currencies like D2T, IMPT, Calvaria, and Tamadoge, both extremely attractive to new buyers. The number of buyers in the past few months shows that they have recognized the high potential of those currencies.
What is wBTC?
wBTC has done what buyers considered impossible. It allowed using Bitcoin on networks and projects they have not been able to trade on. It is more liquidity to decentralized exchanges (DEX) and other DeFi applications operating on the Ethereum blockchain. Thanks to the growing number of businesses and wallets that accept it, you can trade it on different merchants. The total value of the currency grew from $664 million to $848 million between August and September 2020.
There are a lot of benefits that wBTC has—from shattering technical and conceptual boundaries to avoiding restrictions of using Bitcoin on decentralized networks. The currency avoids favoring one blockchain, creating “chain-maximalist” perspectives. The money is also great because of the speed you can add on the block every 15 seconds. The usage is straightforward, and it is created when you request.
WBTC price prediction
Experts predict stability in the future and are tied to Bitcoin; it will follow the price of the famous cryptocurrency. If we look at the current price of Bitcoin, it is around $19,000. The future looks good, but only if something new will not happen in the volatile crypto market. Let’s look at the price predictions for the years to come.
|
Year |
Price |
|
2022 |
$29.174 |
|
2023 |
$48.624 |
| 2024 |
$68.073 |
Bearing all in mind, wBTC is a stable and safe currency but highly sensitive to the global market. That connecting with Bitcoin is not always an intelligent move shows the recent change in global demand. You should consider investing in one of the most popular and highly potential currencies. Tamadoge and IMPT have shown unique attractiveness to buyers, with great potential to double your investment quickly. They have a lot of reasons to rely on currencies that include a game and trading value.
Is Bitcoin a good option to consider?
If you are one of those that consider Bitcoin as a better solution for investing, regarding its popularity, you should think twice. Although it has good investment potential, it is not always a stable currency. The crypto crash in May started with Bitcoin, which lost its value from almost $70.000 to $19.000. Experts predict coming back soon, but it will not happen shortly. Although they claim that Bitcoin does not depend on fiat currencies, it depends on politics, economics, and market changes. So, it is much better to turn to new, sustainable investment models.
What is Dash 2 Trade (D2T)?
Dash 2 Trade is a specialized platform. At the same time, it is an informed trading analytics platform that provides crypto traders with in-depth market insight. The reason is helping in creating market-beating strategies. Dash 2 Trade allows users to access signals, metrics, and social trading tools, for every type of trader. The platform has three broad membership tiers that determine access to metrics and features. The price of subscriptions in D2T is limited to 300 D2T, along with 1000 D2T for the starter and premium models.
The first one is free trier, which does not require the user to hold D2T tokens. The second is the starter tier, where buyers have access to advance on-chain data and fundamental insights into notable presale launches. The third tier is the premium tier, which offers intimate access to all Dash 2 Trade features. You can access it at 5% of the subscription fee, with the price of 1,000 D2T tokens per month.
You will have a 20% discount, and ten subscribers will have access to the coverage and analysis of which crypto presales to target.
What is IMPT?
We live in a time when investing and earning are not the only that we should worry about. Climate change and environmental protection have become more critical topics among people. For those reasons, you should consider investing in “green” options, more connected to the environment and saving the planet. IMPT is one of those tokens created to protect the Earth, but not at the expense of earning and saving money.
Considering how the platform converts IMPT tokens into carbon credits, we can be sure that this model is one of the greatest for investing. You can mind NFTs as carbon credits and easily tamper with them in transparent transactions. This type of exchange reduces the friction of the market, and the whole process is easier for investors.
Presales are still in the first phase but will surely jump to the next one very soon. The currency has sold $220k in the first 24 hours, and the last information is that it raised $5 million in its first weekend. The total raise is over $10 million, so hurry up if you want to become a part of this impressive anti-climate change crypto. The presale should end shortly, and after that, buyers will be able to have their first carbon credits NFTs on the crypto market.
How to buy IMPT?
The currency is excellent for those that want to be a part of the solution, not only a problem. It is the best way to invest for those who want to be greener. However, buying IMPT will help protect the environment, making the whole planet more eco-friendly. As the sales go very fast, it is expected that they will end the first phase of presale very soon, and it will connect people worldwide around the same goal. The currency gathers a lot of notable ecological projects, like lower CO2 emissions, lower aid missions, and supporting the environment.
You can buy tokens for the price of $0.023 for a token until you have enough of the desired number of carbon credits. You can also continue shopping after that, each of them benefits the environment. The currency is based on blockchain technology, facilitates the tracking of assets, and records transactions on a corporate network.
What is Calvaria (RIA)?
Calvaria is centered around speeding up the mass adoption of crypto through the P2E battle card game. The main goal is to create the first effective ambassador between the “real world” and crypto. Gamers can compete within the Web2 gaming market with two versions of the game. The first one will be a free-to-play model, easily accessible on app stores for beginners, non-crypto users, and gamers. The second option is a play-to-earn version, held on all the blockchain functions, allowing the creator to make the game accessible without constraining barriers. Thanks to that, the free version will attract more public, educating and creating informed crypto users.
Users that play the free-to-play version of Calvaria will convert to the premium version on two premises without significant incentive and ease of entry. Thanks to that, people will not go through the process of entering the crypto space and investing, convincing them that they have decided without being sold to, and it should allow them to respond better. The gamer will fully own the assets and everything he earns in the game. It includes tokens, NFTs, skins, potions, etc. It is the moment when you should invest in the game to get the maximum value and all tokens at the launch phase.
What is Tamadoge?
Created to be a P2E game, but connecting with the metaverse and NFT market, Tamadoge and its native token TAMA blew away the competition quickly. The developers started an impressively attractive gaming season as the presale ended earlier than planned. As the currency has raised $19 million in only a few months, it should have impressive potential to reach the highest values shortly.
The game is based on the classical P2E model of gaming, with a pet that buyers invest in. After buying a desired pet, the buyer can create an avatar and buy necessities, accessories, and other details. Gamer can also create an avatar and offer it on the NFT market as a token. Earning is possible in many ways. You can battle with other pets online and move up on the leaderboard. The developers have also created great giveaways award. Currently, you can invest only $10 and have a chance to become a winner of a million dollars!
How to buy TAMA?
Since the game has attracted numerous new members and users, it is time to invest in one of the most potential currencies in the market now. The procedure is straightforward. You can buy on centralized exchange OKX or decentralized exchange if the first one is not allowed. When it comes to the price, the current price is $0.0371, and it is growing.
The game had attracted an impressive number of investors, with $19 raised before the presale ended. The current price is $0.0371, and it is growing. The currency you can buy on centralized exchange OKX or decentralized one if the first one is not allowed. Do not miss this opportunity to catch one of the best models for investing this season!
Conclusion
You can certainly invest in the currency on your own, but choosing wBTC is extremely risky now. The money is tied to Bitcoin, one of the most popular currencies in the world currently, but still with meager chances to grow in the future significantly. More severe investors turn to better solutions, where Tamadoge and IMPT are much more innovative and reliable investment models. You can have fun while playing the games, protect the environment and earn money simultaneously. All above will keep the currency above the expected price in the long term.
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