WalletConnect Token (WCT)
- *Expansion to Solana*: WCT has expanded to the Solana network via Wormhole's Native Token Transfers (NTT), allowing for seamless bridging and native trading on Jupiter DEX. A 5 million WCT claim is available to the Solana community, targeting users who are building, staking, and transacting on the network.
- *Airdrop and Token Distribution*: WCT's Season 1 airdrop distributed 185 million tokens to users, developers, and node operators who contributed to the network's growth. The tokens are used for governance and staking, with transferability expected to begin in 2025.
- *Listing on Binance*: WCT was listed on Binance with trading pairs WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY. The token's price has been volatile, with a recent crash from $1.38 to $0.50.
- *Current Price and Market Performance*: WCT's current price is around $0.3527, with a 24-hour trading volume of $32,736,949.04. The token's market capitalization is approximately $65,387,936, and its fully diluted valuation is around $351,170,156.
Some key levels to watch for WCT include:
- *Support Level*: $0.50 is a crucial support level, and failure to hold it could lead to further drops.
- *Resistance Level*: The token faces resistance around $0.70-$0.85, and a breakout above this range could signal a potential recovery.
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