So, you have looked around and did not find a realistic WatBird token price prediction. Well, you are in luck because you have come to the right place for the best crypto-related tidbits.
But before we get into the WatBird token price prediction, let’s touch on some background information for those that are new to this one. By now you have probably heard of, or even interacted with a play-to-earn game. WatBird is one of the newer additionS to the segment and just like most of its peers, this game is based on TON.
The WatBird token (WAT)
Just like most play-to-earn games, WatBird has a native token which called WAT. It is the game’s utility token, which means it can be used for in-game purchases, unlocking higher status, premium features, and staking.
As far as tokonemics go, we found that WatBird was not yet listed on the Coinmarektcap website. However, we did find more details on Gate.io, which stated that WAT had a $3.16 million marketcap and a circulating supply of 6.58 billion tokens. However, the maximum supply listed was 69.69 billion tokens.
One of the reasons why the circulating supply was much lower than the maximum supply was likely because of its limited exchange availability. This suggests that the circulating supply will likely surge significantly as WAT gets listed on more exchanges.
WatBird token price prediction
WAT exchanged hands at $0.00052 at press time. But how far can it really go? Well, assuming that WatBird’s marketcap soars to $10 million, then its price will rally to $0.0015. This outcome would be equivalent to a 188.46% upside, which means $100 invested could turn into $188.
If WatBird soars to the $50 million marketcap, then the price will soar to $0.00759. If it climbs to the $100 million mark, then the value could soar to $0.0316. This would be equivalent to a 5976% gain. In other words, if you invest $100 at current price, it could be worth almost $6,000 by the time WAT reaches a $100 million marketcap.
The above predictions is based on the assumption that the circulating supply remains at 6.58 billion. According to the WatBird white paper, 60% of the total supply was supposed to be distributed within the first 3 months. This means the circulating supply will go up significantly in the next few weeks. This could undermine its potential gains. Here’s a table demonstrating the WAT token’s distribution schedule:
| Ecosystem | 72% | Will be released in stages |
| Advisory | 5% | Locked at TGE |
| Incubation pool | 9% | Unlocked at TGE |
| Development | 11% | Locked at TGE |
| Marketing | 3% | Locked at TGE |
Price may also vary depending on the durations it takes for new coins to be unlocked. The first few weeks should technically be as close to the current circulating supply as possible. Whether it can hit the $100 million cap within this period will depend on the level of demand.
Watbird token price prediction Conclusion
Are the WatBird token price predictions reasonable? Unfortunately, most of the heavily hyped coins have not delivered much upside weeks or months after launched. However, they tend to soar initially if they built up a lot of excitement.
Nevertheless, it is possible that the WAT token may continue to gain popularity in the next few weeks. An outcome that could potentially support a massive surge in marketcap before WAT hits mainstream exchanges. Note that these figures are strictly speculative, hence there is a significant chance that it may not hit any of those targets.
The WatBird token price predictions are thus not to be considered as financial advice and it is associated with a significant degree of risk. Always conduct due diligence before investing.
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