The total amount of WCT is 1 billion, but the circulating supply is only 183 million, accounting for about 18% of the total market value.

But in the current market, where are so many retail investors to chase new coins? Basically, it’s the project team spending money to pump the price, and then holding large contracts at the bottom.

As the price rises, the market will definitely start to experience FOMO, which will bring in a wave of funds.

At this point, the selling pressure doesn’t look that bad, basically just a small amount of profit-taking.

When the market heat is almost gone, they will short at high positions directly.

With enough chips in hand, they can easily crash the price down to #wct .