$WCT
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#AI analysis
đ Token Overview
Current Price: Approximately $0.65 USD
Market Cap: Around $120 million USD
Circulating Supply: 186.2 million WCT
Maximum Supply: 1 billion WCT
All-Time High: $0.75 USD (May 20, 2025)
Recent Performance: Up ~27% over the past week
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âď¸ Utility & Ecosystem
WCT serves muweltiple functions within the WalletConnect ecosystem:
Governance: oken holders can participate in protocol decisions.
Staking: Wallets and applications can stake WCT to earn rewards and contribute to network security.
Fee Payments: Used for transaction fees within the network.
Incentives: Rewards for node operators and contributors.
The recent enablement of WCT's transferability marks a significant step towards decentralization, allowing broader participation in the network's governance and operations.
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đ Price Predictions
Analysts have provided the following forecasts for WCT:
2025: Predicted to reach up to $1.34 USD
2026: Potential range between $0.52 and $1.17 USD
2030: Estimates suggest a price around $3.44 USD
These projections are based on current market trends and the token's utility within the expanding WalletConnect ecosystem.
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đ Availability
WCT is available for trading on several major cryptocurrency exchanges, including:
Binance: WCT/USDT Pair
OKX
Gate.io
Coinbase
Kraken
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â Summary
WalletConnect Token (WCT) is integral to a rapidly growing network that enhances interoperability in the Web3 space. Its multifaceted utility, combined with recent developments like transferability and staking, positions it as a noteworthy token in the decentralized ecosystem. As always, potential investors should conduct thorough research and consider market volatility before making investment decisions.