WCT Token Slides 7.79% Amid High Volume and Lack of New Developments on Binance

WCTUSDT experienced a 7.79% price decline over the past 24 hours, trading at 0.4308 USDT on Binance, with the drop likely driven by continued negative momentum following last week's sharp sell-off and a lack of new protocol developments or positive catalysts. Recent large token transfers to exchanges and the absence of significant announcements or partnerships appear to have contributed to increased selling pressure and declining open interest. Trading activity remains elevated, with a 24-hour volume exceeding $176 million, indicating sustained market participation despite ongoing volatility and downward price movement.