$WCT WCT – Core Web3 Infrastructure with Strong Utility, Yet Facing Potential Risks
WCT has been gaining recognition for its strong core utility as a Web3 infrastructure layer, enabling wallet and dApp connectivity as well as stablecoin payments. This underpins positive long-term price expectations from the community.
Recent technical analysis indicates bullish momentum, with WCT (0.3263 USDT) moving above short-term EMAs and showing a MACD bullish crossover, supported by significant capital inflows.
However, risks remain as the long-term EMA trend is still bearish, with past concerns over market manipulation, and 81.2% of the token supply remains locked, potentially limiting liquidity.
Can WCT sustain its bullish momentum backed by Web3 infrastructure utility, or will long-term risks soon weigh on its price?
