#WalletConnect @WalletConnect $WCT This coin is actually suitable for long-term holding, with a strong fundamental basis, focusing on blockchain infrastructure projects. Given its past performance, it poses almost no risk, with stable annual revenue of several million dollars. After the new profit model is implemented in the second half of this year, it may reach an annual revenue of 30 million dollars.

It is significantly different from Layers that lack value support. Here’s a previous analysis note:

WCT's essential protocol layer attributes

- WalletConnect has become a Web3 entry-level facility, with a penetration rate of over 90%, connecting over 600 wallets and 61,000+ DApps, with 18 million monthly active users.

- Each additional wallet can potentially expand to 366 million connections (600 wallets × 61,000 applications), providing a natural monopoly.

WCT's token economic design is more robust

- Initial circulation is 18.62%, but institutional holdings (such as Coinbase) account for 32%, while market maker GSR only accounts for 8%, distributing sell pressure.

- Plans to charge a connection fee of 0.1-0.3 WCT per session based on MAU, and if the Q3 vote passes, annual revenue could leap to 30 million dollars (PS ratio drops to 10 times).