📊 Is it advisable to invest in WCT now?
🔎 Up-to-date and straightforward analysis
WalletConnect Token (WCT) was recently listed and reached an all-time high of $1.35 USD on May 31. However, it is currently trading around $0.61 USD, representing a drop of more than -50% in just 24 hours.
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❌ Why you shouldn’t invest in WCT right now?
📉 High volatility without solid foundation: The price surged due to hype and recent listings, not because of real adoption or active development.
💨 Sharp correction in record time: It rose too quickly, and now many holders are selling to secure profits.
🕵️♂️ Lack of visible fundamentals: There is still no clear information on how WCT will be used within the WalletConnect ecosystem.
🎢 Danger of further declines: The volume remains high, but is dominated by speculation, not by institutional accumulation.
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🟡 When could it be interesting?
If the price stabilizes and forms a clear technical support (for example, above $0.45–0.50).
If the team behind the token publishes a transparent roadmap or starts linking it with real functions within the app.
If platforms like Binance enable Earn or staking options with good APR.
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✅ Current recommendation: Extreme caution
WCT is in a post-launch correction phase. While there may be technical rebounds, it is not the best time for a strong entry.
Only small and long-term investment is recommended (if you believe in the WalletConnect ecosystem).
Or wait for confirmation of support or real utility before buying.