**What Is Wallet Connect Token (WCT)?**
The abbreviation **WCT** refers to multiple cryptocurrency tokens, each serving different purposes across various ecosystems. Here’s a breakdown of the three most recognized tokens named WCT:
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### 1. **WalletConnect Token (WCT)**
**Purpose:**
Acts as the native utility token of the **WalletConnect Network**—a decentralized protocol enabling secure connections between crypto wallets and dApps.
**Use Cases:**
* Staking
* Governance
* Network fees
* Incentivizing user participation
**Market Data:**
* **Price:** \~\$0.52 USD
* **Circulating Supply:** 186.2 million WCT
* **Max Supply:** 1 billion WCT
* **Market Cap:** \~\$97 million USD
* **24h Volume:** \~\$150 million USD
**Recent Highlights:**
Now integrated across Ethereum, Solana, and Optimism, broadening its utility and network reach.
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### 2. **Waves Community Token (WCT)**
**Purpose:**
Launched in 2017 as part of the Waves Platform to reward community contributions and support decentralized governance.
**Market Data:**
* **Price:** \~\$0.11 USD
* **Circulating Supply:** \~10 million WCT
* **Market Cap:** \~\$1.13 million USD
**Status:**
Once vital to the Waves ecosystem, this token has since faded in significance and is less active today.
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### 3. **World Cup Token (WCT)**
**Purpose:**
A meme-inspired token launched in 2022 on Binance Smart Chain (BEP-20) to engage football fans during the FIFA World Cup.
**Market Data:**
* **Price:** \~\$0.000032 USD
* **Total Supply:** 768 million WCT
* **Circulating Supply & Market Cap:** Not specified
**Status:**
Primarily a novelty token with minimal utility. Interest has declined post-World Cup 2022.
