The Taelpay project is developed by Walimai Chinese experts in the field of protecting products from counterfeit products and fakes. The initial priority is given to baby food, alcohol, and medicine. Still, in the future, the platform has the potential to be used in the protection of any categories of goods.
With the help of the project, people can receive a kind of Tael cashback with every purchase. In this article, we will figure out the cryptocurrency and project prospects. So you can understand whether or not you need to purchase the coin and invest in the project.
How Tael (WABI) Works
Blockchain technology, which ensures the immutability of data, opens up a wide range of possibilities for use in documentation and paperwork. The developers of WaBi attempted to use the proposed mechanisms in the turnover.
The attention is drawn to the Chinese market, where the problem of counterfeit products is becoming more acute. Particularly vulnerable to citizens are baby food, cosmetics, and medicines, alcohol. Each product in the Wabi system receives a marker containing information about the production from the date and place of manufacture to the complete transportation history.
The user downloads the Techrock application on a mobile device. They can scan this marker and make sure that the products are original. This functionality will allow consumers to receive detailed information about the goods directly in stores when making purchases.
The developers also realize the possibility of online trading. The internal cryptocurrency WABI will help to receive discounts and bonuses for participating in the system, and implementers can create various incentive programs.
Tael (WABI) Price History
The peak of Tael (WABI) price was in 2018, the year of a crypto bull market. The highest rate of $5.86 was on January 10, 2018. The price began to grow at the end of December 2017 and reached the highest point in two weeks. Then the price gradually went down until April 2018. The small price peak was on May 2 when the price of one Tael coin was $1.44.
Until March 2019, the coin price won’t rise a lot. The two last significant price peaks were captured in March and April of 2019, and the price was $0.3 and $0.5, respectively.
Now the price of WABI crypto coin is $0.057996. The coin has a total supply of 100,000,000 WABI, and now 75,199,999 WABI are in circulation.
Tael (WABI) Cryptocurrency Technical Analysis
We do not really have any technical analysis of Wabi cryptocurrency. However, we’ve aggregated the technical analysis of Trading View users.
No one can really give you any guarantees on cryptocurrency prices. However, we can aggregate analytical algorithms that give us specific numbers.
#1. Trading Beasts WABI Crypto Price Prediction for 2020-2023
According to the source, WABI price will slightly increase and by the end of 2020, it can probably be around $0.08. In 2021, the rate of Tael cryptocurrency may reach $0.15 in the middle of the year. In 2022, the price won’t change a lot and will be around $0.9-$0.15. By the end of 2023, Tael price will go up to $0.18.
#2. Wallet Investor Tael Price Forecast for 2020-2025
Wallet Investor considers Tael (WABI) to be a bad long-term (1 year) investment. The price of Tael may drop from 0.0576 USD to 0.00677 USD. The change will be -88.254%. In 2021, the price can drop more to 0.0015. In 2022, the price of WABI won’t change a lot and probably can go up to $0.00251. In 2023, the WABI rate will be around $0.00475. By the end of 2025, the price might change to $0.00225.
#3. WABI Price Prediction by Digital Coin Price
Tael (WABI) is a profitable investment based on the DCP forecast. The price of WABI can change to $0.098 in one year. In 2022, Tael cryptocurrency price will increase to $0.142. In 2023. The price may change up to $0.16.
#4. Tael (WABI) Price Forecast by Crypto Ground
Crypto Ground made a very promising prediction for WABI cryptocurrency. The projection looks quite bullish. We recommend to analyze it more precisely when you are thinking about an investment.