Wormhole (W) Price Prediction 2024,2025,2030

Last updated: 2024-04-08

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Key Takeaways:

W was on the edge of creating a bullish flag, suggesting that the price might rise to $1.80 by 2024.
By 2026, the token’s price is predicted to reach $6.45, but it could fall in 2027.
In 2030, W’s price could have risen above $10.50 and possibly reached $11.87.

Many new projects have sprung up in 2024, including Wormhole. Despite the fact that the project began development years ago, it was able to cultivate a loyal following and recently rewarded early users.

In this article, Coin Edition explores W’s potential and price projections for 2024 to 2030.

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What is Wormhole (W)?

The Web of Web3—Wormhole—is the premier interoperability platform driving large-scale multichain applications and bridges. Developers of over 200 apps and over one million unique wallets utilize the suite of open source protocols to transmit different types of data across more than 30 blockchains.

With the help of teams and applications such as Uniswap, Circle, Lido, Synthetix, and Pyth, the platform has processed over a billion cross-chain communications. Wormhole was named the only cross-chain protocol that the Uniswap DAO may use unconditionally in 2023, according to a third-party multi-month analysis that focused on security and decentralization standards.

W was first introduced as a native token for Solana SPL. Once Wormhole is live, its Native Token Transfers (NTT) feature will enable ERC20 capability, facilitating instantaneous transfers across any network that is built with Wormhole.

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Wormhole Price History

Now, let’s examine the Wormhole pricing history and see what happened, both good and bad. Knowing the coin’s history can provide valuable background for creating or understanding a Wormhole price prediction, but it’s important to remember that past performance is never a guarantee of future results.

Wormhole was worth $1.3668 when it initially appeared on the market on April 3, 2024. On April 5, 2024, it dropped to $0.9743.

There were a total of 10 billion W in circulation at that time, with 1.8 billion in circulation. With a market valuation of around $1.75 billion, Wormhole was ranked as the 64th largest cryptocurrency according to that metric.

Wormhole (W) Price Prediction 2024

W created a descending channel, suggesting heavy selling pressure, according to the 1-hour chart. But sellers may eventually show signs of fatigue and lose steam.

W might stage an emergence and establish a bullish flag in such a scenario. If this is the case and demand for the token grows, its price might quickly approach $1.80.

The Awesome Oscillator (AO) measurement was negative, as seen by looking at it. But the indicator’s green bars indicated that a bounce might be on the horizon. The price of W is predicted to bounce back from its lows in 2024, with a possible end-of-year increase reaching $3.85.

Wormhole (W) Price Prediction 2025

Wormhole is projected to rank among the top 50 projects by the year 2025. In such event, the token’s value might rise and likely reach $4.50.

Wormhole (W) Price Prediction 2026

Since its Testnet days, Wormhole has taken pride in its dedicated community. It appears like the community would not abandon the project at this point. Assuming this holds true, W’s price might reach $6.45 in 2026, thanks to a potential rise in usage in 2025.

Wormhole (W) Price Prediction 2027

The positive trajectory of W’s price might level off by 2027. But that would imply it drops below the 2024 value. The projected price for 2027 may so be $2.80.

Wormhole (W) Price Prediction 2030

By 2030, W’s price might have risen significantly. Capital influx and an increase in the volume of tokens crossed on the network are two potential drivers of this increase. Consequently, by 2030, the price might reach $11.87.

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Is Wormhole a Good Investment?

Deciding is challenging. The coin’s lifespan is rather brief. No obvious bullish or bearish signal is seen on the horizon. You should always conduct your own due diligence before investing in cryptocurrency, and Wormhole is no exception.

You should learn as much as you can about Wormhole and related coins and tokens like Ethereum (ETH) and Solana (SOL) before deciding to invest in them. You should also never risk more capital than you are willing to lose, regardless of the outcome.

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