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About WPKT

WPKT is a 1-to-1 peg to PKT, which is a bandwidth-backed currency that is scarce and mined using the world’s first bandwidth hard Proof of Work called PacketCrypt. There can only be 6 billion PKT in existence, and so there can never be more than 6 billion WPKT. WPKT is an BEP20 token and is compatible with all BEP20 platforms.

Wrapped PKT (WPKT) is a cryptocurrency launched in 2021. WPKT has a current supply of 62.48M with 62.48M in circulation. The last known price of WPKT is 0.000179817531 USD and is -0.000002607137 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://odapp.io/.

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WPKT Price Statistics
WPKT’s Price Today
24h Price Change
-$0.0000026071371.43%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3282
WPKT Market Cap
Market Cap
$11,234.90
Fully Diluted Market Cap
$11,234.90
WPKT Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
WPKT Supply
Circulating Supply
62.48M
Total Supply
62.48M
Max Supply
0
Updated Jul 05, 2025 11:22 am
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WPKT
Wrapped PKT
$0.000179817531
$0.000002607137(-1.43%)
Mkt Cap $11,234.90
There's nothing here for now
Bitcoin Treasury Strategy Faces Longevity Challenges Amid Market Dynamics
Bitcoin Treasury Strategy Faces Longevity Challenges Amid Market Dynamics
According to Cointelegraph, a crypto analyst has raised concerns about the sustainability of the Bitcoin treasury strategy, suggesting that its appeal may be waning for new companies entering the space. James Check, lead analyst at Glassnode, expressed his views in a recent post, indicating that the strategy might have a shorter lifespan than anticipated. He warned that the easy upside could already be behind for new Bitcoin treasury firms, emphasizing the importance of a sustainable product and strategy for long-term Bitcoin accumulation. Check highlighted the challenges faced by newer Bitcoin treasury firms, noting that investors tend to favor early adopters. He remarked that the market is nearing a phase where it will be increasingly difficult for random companies to sustain a premium without a distinct niche. In the past month, 21 entities have added Bitcoin as a reserve asset, with Michael Saylor’s Strategy holding the largest public Bitcoin treasury of 597,325 BTC, followed by MARA Holdings with 50,000 BTC. Despite the challenges, Check remains optimistic about Bitcoin's price, which is currently trading at $107,990, slightly below its all-time high. He acknowledged the difficulty in predicting the downturn for newer firms but noted that established companies like Strategy have more runway compared to newer entrants. Check also agreed with Udi Wizardheimer, co-founder of Taproot Wizards, who suggested that some companies are using the Bitcoin treasury strategy for quick profits without understanding its long-term implications. Wizardheimer pointed out that weaker firms might be acquired by stronger players, as the trend could still have potential for growth. Concerns have been raised about firms adopting the Bitcoin treasury strategy, with venture capital firm Breed warning that only a few will withstand the test of time and avoid a "death spiral" impacting BTC holding companies. Fakhul Miah, managing director of GoMining Institutional, expressed worries about "copycat" companies attempting to create Bitcoin banks without proper safeguards, potentially causing a ripple effect that could harm Bitcoin's image.
Jul 05, 2025 10:33 am

Frequently Asked Questions

  • What is the all-time high price of Wrapped PKT (WPKT)?

    The all-time high of WPKT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Wrapped PKT (WPKT) is 0. The current price of WPKT is down 0% from its all-time high.

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  • How much Wrapped PKT (WPKT) is there in circulation?

    As of , there is currently 62.48M WPKT in circulation. WPKT has a maximum supply of 0.

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  • What is the market cap of Wrapped PKT (WPKT)?

    The current market cap of WPKT is 11,234.90. It is calculated by multiplying the current supply of WPKT by its real-time market price of 0.000179817531.

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  • What is the all-time low price of Wrapped PKT (WPKT)?

    The all-time low of WPKT was 0 , from which the coin is now up 0%. The all-time low price of Wrapped PKT (WPKT) is 0. The current price of WPKT is up 0% from its all-time low.

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  • Is Wrapped PKT (WPKT) a good investment?

    Wrapped PKT (WPKT) has a market capitalization of $11,234.90 and is ranked #3282 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Wrapped PKT (WPKT) price trends and patterns to find the best time to purchase WPKT.

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