Can the WINkLink (WIN) coin return to the heights it enjoyed in 2021?
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Over the past year or so, more and more people have got involved in the world of cryptocurrency via play-to-earn (p2e) games. But while some cryptos have got big through that, that does not necessarily mean that they have been around the longest. The WINk online gambling system, which allows people to gamble using the WIN token, came out before the current crop of p2e games got big. What is WINkLink? What is WINkLink's link with WIN? How does WIN work? What is the WINkLink price prediction? Let’s take a look.
WIN is the native token on the WINkLink network, which is the driving force behind WINk. The WINkLink system is based on the TRON blockchain, and is designed to make smart contracts, programs which automatically execute as soon as certain conditions are met, easier to use and create. Some of these smart contracts are used as the basis of the casino games on WINk, but there are plenty of other uses for the smart contracts made on the system.
If you have been asking yourself "How is WINkLink linked to WIN?", WIN is the token used on the WINk online gaming platform. While play-to-earn games have recently become a big deal in the world of cryptocurrency, they are by no means a new thing. WIN was set up in 2019, with an initial coin offering (ICO) raising $16m. It was a successor system to the TRONbet gaming decentralised application (DApp), which came out on the TRON network in 2018.
A Binance research report lists nine people as being involved in the running of the system, which allows users to play a series of games which, in turn, allows them to mine winklink tokens. The main people behind WINk are former Tencent worker N Yang, who serves as head of product, and former Baidu developer Jacky Li.
People who play games on WINk have an indicator called Win Power. Win Power is calculated based on the number of WIN tokens held by a user. The more tokens the user has, the more Win Power they accumulate. Every day, depending on the amount of Win Power available, the system distributes a certain number of TRON tokens (TRX) between all holders of the WIN cryptocurrency. The amount of TRX a user receives is proportional to their Win Power. However, TRX is the native token of the TRON blockchain, whereas WIN is the native token of WINk itself.
The other thing to note about WIN is that, while it operates on TRON, it could, possibly, be described as a dual-chain token. This is because, in 2020, the BLINk token was launched on the Binance Smart Chain in a move which would allow people who owned Binance's BNB coin to take part in WINk’s games.
WINkLink price history
The WINkLink price history is no indicator of future results, knowing what the coin has done in the past means that we can get some context when it comes to making a WINkLink price prediction.
When WIN launched in the summer of 2019, it was worth around $0.0003 (three hundredths of a cent). Its price soon fell, and it ended up spending much of 2020 trading at around the $0.00008 (eight thousandths of a cent) mark. This trend changed in early 2021, when the cryptocurrency market went through a notably bullish period. This culminated in a period in early April of that year which started when the coin went from $0.0006354 to $0.001142, a rise of a little under 80%, over the course of 3 April, and culminated in it reaching its all time high of $0.002965 on 5 April, representing a price growth of more than 365% in just over two days.
This was, as the all-time high would suggest, the top of this period, and there a drop to below $0.001 before the Great Crypto Day Crash of 19 May meant that WIN spent much of the summer trading at around $0.00035. There was some recovery, though, and the coin started trading at over $0.0007 towards the end of August and on into the start of September. The price then fell back to below $0.0005, but bounced back to spiral up, reaching a periodic high of $0.001089 on 15 November before the market started to contract as concerns about the omicron variant of Covid-19 rose.
The coin’s price continued to drop, and it finished the year trading at $0.0004545. The dip carried on throughout January and, by 8 February 2022, the coin was trading at around $0.00036. At this time, there were 961.74 billion WIN in circulation out of a total supply of 999 billion. This gave it a market cap of just over $346m, making it the 163rd largest cryptocurrency by that metric.
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WINkLink price prediction
Looking at WINkLink price predictions, it is important to note that cryptocurrency price forecasts are very often wrong, especially ones which go a long way into the future. We should also point out that longer-term crypto forecasts are often made using an algorithm, which can change at any moment.
CryptoNewsz has a WINkLink price prediction for 2022 that says it should reach at least $0.00052 by the close of the year. The site then suggests that WIN should then get to $0.000705 at some time in 2023, and t $0.00092 in 2024. Its WIN coin price prediction for 2025 comes in at $0.001, while in 2026, it says, the token should reach $0.0012.
TechNewsLeader is also optimistic with its WIN price prediction. The site says that the token should get to about $0.0005 at some point this year before reaching $0.0007 in 2023. In both 2024 and 2025, WIN should be trading at around $0.001, it says, rising to $0.002 in 2026, $0.003 in 2027 and $0.005 in 2028 and closing the decade at around $0.007. Its WINkLink price prediction for 2030 suggests the coin should break through the cent barrier and will stand at $0.01, while it should get to $0.014 in 2031.
Meanwhile, LongForecast is also upbeat, but a bit more cautious when it comes to making a WIN price prediction, at least in the medium-to-long-term. The site says WINkLink will hit $0.0007 by the end of 2022, but will then stagnate somewhat during 2023, closing the year down at $0.00068785 before rising to hit $0.0008 in February 2024. There will, though, be a significant fall in the WIN price that year, with it closing at around $0.00057. The site’s WINkLink price prediction for 2025 sees it drop even further, going down to around $0.0004 in March, before catching the wave of a bull run which will see it drop a zero and hit $0.00117 by the end of the year. By March 2026, the coin should be trading at around $0.0012, the site suggests.
Finally, DigitalCoinPrice has a WINkLink price prediction which sees a slow build for the token. If the forecast is correct, it should stand at around $0.00048 in 2022 before reaching a little over $0.00057 in 2023 and about $0.00061 in 2024. The coin should then get to $0.00079 in 2025 before dipping down to around $0.00065 in 2026. There should be a recovery in 2027 that sees it rise to $0.00097, while it should lose a decimal place in 2028, reaching $0.0012 and WIN should then close the decade at somewhere in the region of $0.0015.
One last thing
While WINk is one of the earlier play-to-earn systems in the crypto sphere, over the course of 2021, other platforms have come into play. This means that WINkLink might well look somewhat old-fashioned in comparison to more recent platforms. With the likes of Decentraland and GALA attracting users who would otherwise not bother with crypto, WINkLink might well seem like something from another, less technologically advanced, era.
Second, the very low price of WIN in real terms might put people off investing in it. On the other hand, the coin does have the potential to deliver returns on investment without making it into the list of the most expensive cryptocurrencies.
As of 8 February 2022, there were 961.74 billion WIN in circulation out of a total supply of 999 billion.
It could be. In terms of bare figures, there has been a significant price rise over the past year, but that does not tell the whole story. WIN has been on a downward trajectory for some time, and market conditions have not helped. While some significant growth is always possible in the long term, you will still need to do your own research and never invest more money than you can afford to lose.
It could do but, with the market the way it is at the time of writing, it could well go down before that happens. It is worth remembering that cryptocurrencies can be highly volatile and prices can go down, as well as up, very quickly.
This is entirely a matter for you. Before you do so, you will have to do your own research, remember prices can go down as well as up, and never invest more money than you can afford to lose.
