- WadzPay’s WTK shot up by over 100% in the last week and over 300% over the last year.
- This sudden spike is due to the project’s recent stablecoin announcement.
- More bullish announcements are teased meaning a greater WTK price spike is expected.
WadzPay (WTK), an interoperable and agnostic blockchain-based payments technology provider, has been steadily rising over the past year. In fact, the project’s steady rise seems to be right on schedule according to the team and long-term holders and finally gearing up for their massive pumps this bull run.
WTK has a total market supply of 1 billion tokens. Presently, the price of WTK stands at $0.08 according to CoinMarketCap. In addition, the present market cap stands at $42,577,739 with a 24hr trading volume of $2,071,801.
More importantly, this steady rise in value for WTK shows great promise for the project. In detail, the asset is up by 12.7% in the last 24 hours, up by 117% in the last 7 days, and up by 303% in the last year.
This is a spectacular steady performance for any token in the crypto market. Considering this steady growth came successfully during the bear market, investors wonder how well the asset will perform in the coming golden bull market.
One of the reasons behind the sudden spike over the last week could be attributed to WadzPay’s entry into the stablecoin market. In particular, the project will expand its scope from its current payment-centric solutions to include the stablecoin market.
WadzPay has also ventured into expanding its global footprint having recently gained its VASP and VARA license and approval in Dubai, UAE. It looks like their success is still in the starting phase as the project promises much more in store in its roadmap.
In addition, a post on CMC mentions a statement made by the CEO of WadzPay. In this teaser, the CEO mentions 4 more weeks of exciting announcements for the project. Will these announcements further propel the value of WTK? We will have to stay tuned and keep a close eye on the project to see what comes through next.
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The post Why WadzPay Token Price Is Skyrocketing, Up By Over 300%, More Bullish WTK Movement Still Expected appeared first on Crypto News Land.
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