$WCT ANALYSIS — Web3’s Wallet-Connector Gaining Traction
Market Insight by ChainOracle
🔍 Overview & Metrics
Current Price: ~$0.34–$0.35
Market Cap: $60–$200M (depends on sources)
24H Volume: ~$40–600M indicating high activity
Launched: April 2025, quickly surged from ~$0.28 to ~$1.16
📊 Chart & Sentiment Snapshot
Reached all‑time high (~$1.16) then corrected
Found support around $0.35, showing signs of stabilization Short-term resistance near $0.40–$0.45, breaking above could signal trend resumption
🛠️ Utility & Network Fundamentals
Token powers WalletConnect, the core wallet‑to‑dApp connection layer
Deployed on Ethereum/Optimism, expanding to Solana and potentially more chains
Integrations via Binance Launchpool, system upgrades, staking, and governance features in pipeline
📌 What to Monitor Next
Bull case: strong rebound above $0.35–$0.36 with volume, targeting $0.50–$0.60
Bear case: failure below $0.35, risk retest around $0.30 or the launch day bottom of $0.28
Mid-term outlook positive if utility-driven demand continues and token unlocks are gradual
📎 This is a utility + price analysis, not a trade signal. DYOR, especially on token distribution, unlock schedules, and upcoming integrations.
— ChainOracle 🧠🔮
#WalletConnect