🧠 Intro:
Say hello to a new altcoin on the scene: $WCT (WalletConnect Token). Freshly listed on major exchanges, it's already creating buzz. But beyond the hype, what exactly is this token - and does it deserve a spot in your portfolio?
Let’s break it down. 🚀
🔍 What Is $WCT?
$WCT is the official token of WalletConnect, one of the most widely used Web3 protocols that lets you connect crypto wallets (like MetaMask or Trust Wallet) to dApps — from DeFi to NFTs to Web3 games.
💡 The token brings governance and utility functions, including potential use in voting, staking, and future protocol fees. It’s not just a speculative launch — it’s tied to real infrastructure.
📊 Market Snapshot (as of early June 2025):
Price spiked post-listing, now consolidating around $0.5–$0.7Still early, but trading volume looks healthy and consistentWalletConnect is already integrated with top dAppsGrowing adoption = real utility = long-term relevance
Early-stage tokens are always volatile, but this one comes with real-world use.
🌐 Related Ecosystem Coins:
To understand $WCT potential, it helps to look at related coins in its ecosystem:
$ETH - Most dApps that use WalletConnect run on Ethereum. $WCT ’s growth is naturally linked to Ethereum’s dominance in Web3.
$UNI - Uniswap is one of the largest dApps accessed via WalletConnect. This shows WalletConnect’s vital role in DeFi.
📈 Long-Term Potential:
WalletConnect is already used by millions across DeFi, NFT, and gaming sectorsIf $WCT becomes essential for governance or platform usage, it could see organic demand growthOne of the few “infra tokens” that supports multi-chain usability and wallet interoperability
⚠️ What to Watch Out For:
Token distribution and full tokenomics still need more clarityNot many DEX listings yet → short-term liquidity may be limitedLike most newly listed coins, post-hype corrections are normal
Final Thought:
If you're exploring Ethereum dApps like UNI or active in the broader ETH ecosystem, $WCT could become an important piece of Web3 infrastructure worth watching early.
What’s Your Take on $WCT?
#Write2Earn #WalletConnect #dApps #WCT