📌 WCT (WalletConnect Token) – 6-Month Market Summary
WalletConnect Token (WCT) has seen major volatility over the past six months, moving from a strong peak in May to a deep correction by October. This article explains the price movement, key reasons behind the fall, and current market position.
📈 6-Month Performance Overview
ATH: ~$1.34 (31 May 2025)
Current Price: ~$0.11
Drop From ATH: –90%
6-Month Low: ~$0.054 (October 2025)
Partial Recovery: Trading above $0.10 after bouncing from lows
Sources:
CoinGecko Price Chart
CoinMarketCap Market Data
Kraken Market Overview
🧐 Why WCT Fell Sharply
1. Token Supply Unlocks
WCT experienced scheduled token releases, causing increased circulating supply and downward selling pressure.
Source: CoinMarketCap Tokenomics Page
2. Broader Crypto Market Weakness
Crypto markets struggled due to global macroeconomic uncertainty, affecting most altcoins.
Source: CoinGecko Market Overview
3. High-Volatility Altcoin Behavior
As a mid-cap emerging token, WCT reacted sharply to trader sentiment and liquidity changes.
Source: Kraken Price Analysis
📌 Current Market Sentiment
Trading sideways with light recovery
Investors monitoring liquidity and future unlock schedules
Demand linked to broader WalletConnect ecosystem growth
Sources:
CoinGecko (Historical Data)
TradingView (6-Month Chart Trends)
📊 What to Watch Next
Upcoming token unlock events
Exchange listing updates
WalletConnect ecosystem adoption
Overall crypto market direction (BTC + ETH trends)
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