Is 70203457750 worth holding?

If you prefer high-risk and high-volatility crypto assets and believe in the long-term development of the WalletConnect ecosystem, you can allocate a small amount. However, be cautious of market fluctuations and token unlocking risks; heavy investment is not recommended. For conservative investors, it is advisable to wait and consider more mature projects.

WalletConnect is an open-source project that connects users with decentralized applications (DApps) through a secure protocol, facilitating interaction between cryptocurrency wallets and DApps. Its token WCT currently has a market value of $234 million, with a circulating supply accounting for 18.6% of the total supply. Recently, the price has been quite volatile.

From an investment perspective, WCT is backed by the Optimism ecosystem and Binance Launchpad, showing high trading activity. However, it is important to note that its fully diluted valuation reaches $1.26 billion, which means that future token releases could put pressure on the price.

Additionally, funding rates and liquidation heat maps indicate a strong speculative atmosphere in the market in the short term.

I am preparing to take a position in this token; conservatively estimating, this wave of market could at least have a 10-fold increase potential—remember, investing is about positioning in a bear market, chasing highs in a bull market is just giving money to the market!