- As Bitcoin price continues to drop analysts analyze highly potent altcoin projects.
- One analyst highlights WadzPay and expects huge interest to flock to the project.
- Having secured a VARA licence, the project brings a lot more to its clients and users.
The crypto market experienced a significant dump in Bitcoin (BTC) price taking the pioneer crypto asset’s value to the $54,000 range. The impact of this dip led to the Crypto and Greed Index falling to the Extreme Fear sentiment at a score of 22. The same price dip is slowly seeping into altcoin prices as well.
Despite the dip, the crypto community holds strong as many analysts already expected a huge dip in crypto prices led by Bitcoin price falling to the $40,000 – $47,000 range. With this greater dip in mind, most crypto analysts are preparing for another major crypto market dip. Amidst the noise, expectations for a bullish altseason still remain strong.
Why WadzPay Is a Potentially Bullish Project
To highlight, the highly-anticipated altseason is expected to usher a number of new ATHs for a range of new and well-performing altcoins. While analysts keep a close eye on which altcoins will take the lead, one project in particular comes out stronger than the rest. This altcoin is WadzPay’s WTK, a project known for having secured a VARA license.
As we can see from the post above, one analyst and WTK community member educated the greater crypto community on why securing a VARA license is a significant milestone for WTK and why this move puts it in a more influential position for higher highs than other altcoins this bull cycle.
How Securing a VARA License Boosts WTK’s Bullish Potential
Firstly, the analyst says that the VARA license proves that the project is regulatory compliant and a highly legitimate project. Many went on to call WadzPay a scam after the project’s latest challenges, long-term holders continue to stand by the project due to its transparency and various partnerships with reputed companies.
Secondly, the analyst talks about how the VARA license has made the asset easily accessible to many markets. He also highlights the project’s innovation and expansion plan as well as the project’s global positioning due to its many operations and partnerships with financial leaders in the Middle East.
Adding on, the analyst also throws light on the company’s trusted and secured technology, the team’s forward-thinking strategic business developments, ecosystem integrations, and future-proofing steps. Ultimately, the analysts much like other WTK enthusiasts expect a huge price surge for WTK in the coming bull run phase of the ongoing crypto bull cycle.
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