1 hour left to list $WCT on Binance.
I earned 3.2 $WCT from launchpool.
Key Factors Influencing WCT Price on Launch Day
1. Tokenomics and Supply:
- Total Supply: 1 billion WCT.
- Circulating Supply: 186.2 million WCT (18.62% of total supply) effective at the first exchange listing.
- Allocations: 27% to the WalletConnect Foundation, 18.5% for airdrops, 18.5% for the team (locked for 4 years with a 12-month cliff), 17.5% for rewards, 11.5% for investors (locked), and 7% for core developers (locked). This structure limits initial sell pressure, as only airdrop and public sale tokens are immediately liquid.
- Initial Exchange Offering (IEO) Price: $0.20 on platforms like CoinList, setting a baseline for market expectations.
2. Market Sentiment and Hype:
- The TGE has generated significant buzz, with listings on major exchanges like Binance, OKX, Bitget, MEXC, and KuCoin. Posts on X reflect excitement, with users estimating initial prices between $0.42–$0.50, expecting a market cap of ~$80M and a fully diluted valuation (FDV) of ~$450M.
- The WalletConnect Network’s scale (274M+ connections, 30M+ users, 600+ wallets, 40K+ dApps) and partnerships with major players like Consensys, Coinbase, and Hashkey bolster confidence.
- Airdrops (18.5% of supply) and Binance Launchpool participation may drive early selling by recipients seeking quick profits, but staking incentives could encourage holding.
3. Premarket and Historical Data:
- Premarket trading on platforms like Whales Market (Optimism Network) showed prices around $0.38, while KuCoin and Gate.io reported $0.35–$0.45.
- Pre-launch price predictions estimated a listing range of $0.20–$0.50, with some analysts suggesting $0.40–$0.50 if market sentiment remains neutral.
