📉 WalletConnect Token (WCT) Market Update – June 1, 2025
WCT experienced a significant drop of over 50% in the past 24 hours, following its peak at $1.39 on May 30. This decline is partly attributed to high-volume sell-offs, notably on South Korea’s Upbit exchange, which accounted for 35% of global WCT trading volume during the crash .
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🔮 Future Outlook: Volatility Ahead
Market analysts present a range of predictions for WCT's price trajectory:
Short-Term (June 2025): Forecasts suggest a potential rebound, with prices possibly reaching up to $0.59, indicating a 32.76% gain from current levels .
Mid-Term (End of 2025): Conservative estimates place WCT between $0.75 and $1.10, while optimistic scenarios envision prices between $1.50 and $2.00, contingent on market conditions and adoption rates .
Long-Term (2026–2030): Projections vary widely, with some models predicting gradual growth to $0.77 by 2030 , and others anticipating a rise to approximately $1.84 by 2027 .
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📌 Key Takeaways
Current Price: Approximately $0.58.
Recent Performance: Over 50% decline in the last 24 hours.
Market Sentiment: Cautiously optimistic, with potential for recovery depending on broader market dynamics and WCT's adoption.
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*Disclaimer: Cryptocurrency investments are subject to high market risks. This information is for educational purposes and does not constitute financial advice.*
