WadzPay Looks Toward Bullish Future, WTK Community Rally as Analyst Observes Exciting Signal for Parabolic Pump
- As Bitcoin (BTC) struggles to regain its $60,000 price mark, FUD seeps into other projects.
- WadzPay faces off against major FUD as WTK community members rally over WPC launch.
- Diamond hands look over facts as expect major upturn for WTK price in 34 days.
As the price of Bitcoin (BTC) struggles to reclaim the $60,000 price level again, more fear seeps into the crypto market. Presently, the Crypto Fear & Greed Index is at a score of 29, leading to greater FUD sentiment in the space. While many analysts preach of the glorious bullish pump head, many traders are losing faith and giving in to selling their holdings.
Read CRYPTONEWSLAND on google newsAnother reason for the tug-of-war between bullish and bearish expectations is the fact that altseason has yet to occur. Altcoins have yet to experience a bullish pump that could take their price values to new ATHs. Yet, many altcoins face the same bearish sentiments as the crypto market continues its sluggish sideways movements.
WadzPay Faces Off Against Growing FUD
One of the most popular crypto projects to have been hit hard by the growing FUD this crypto bull cycle is WadzPay (WTK) . Expectations for a bullish WTK price surge after its promised double tier-1 listing instead led to a brutal price dip for WTK. This is because the WadzPay team failed to deliver 2 tier-1 listings as they promised.
After a short delay, MEXC was announced as the tier-1 listing for WTK. However, this was seen as a letdown by many in the WTK community who were hoping for an OKX and Binance listing. This paired with a departure from a WTK team member led to a further fall in the WTK price.
A devastated community is now split into two specific factions, a diamond hand faction that believes in the future that WadzPay is trying to build and the latter that believes WTK is a scam. In response to this one dedicated WTK member shares a thought out post highlighting the many transparent and forward-looking moves that WadzPay has establish to remind the paper hands that WTK is not going anywhere and therefore cannot be a scam.
WTK Community Holds Strong, Expects Major Price Rally Soon
Adding to this steady fire and faith in WadzPay is another voice in the community that talks about WadzPay’s presence at an upcoming official crypto event. This user believes that WTK will return incredibly high ROI to investors due to its current small market cap.
Lastly, as we can see from the post above, an analyst highlights the historic price data for WTK and expects to see a highly bullish upturn for WTK after the next 34 days. This analyst sees the closure of a descending triangle pattern which will lead to an expected WTK price surge.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Phantom issues emergency patch after update knocks users from iOS wallet app
This app introduces new DeFi strategies, including those powered by RWAs
U.S. money market fund assets exceed $7 trillion for the first time
SEC Chairman Gary Gensler Makes Final Lobbying Call for US Crypto Regulation