Here’s a clearer breakdown of WalletConnect Token (WCT):
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🔍 What is WCT?
WalletConnect Token is the governance and utility token powering the WalletConnect Network—an open-source protocol enabling seamless, secure interactions between crypto wallets and decentralized apps (dApps) across multiple chains .
It plays roles in staking, fee settlement, rewards distribution, and network governance .
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📈 Price Snapshot (as of June 20, 2025)
Current price: ~$0.335 USD
24h change: -2% to -4%, roughly $0.32–$0.33 range
All-time high: ~$1.35 reached on May 30–31, 2025 (~75% above today’s price)
Circulating supply: ~186 million of a 1-billion max
Market cap: Around $62 million
24h volume: Roughly $84 million — indicating healthy liquidity
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💱 Where to Buy/Trade
Available on major crypto exchanges: Binance,etc. The WCT/USDT pair on Binance tends to be the most liquid .
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🕵️♂️ Price Outlook & Trends
Following a peak in late May, WCT has dropped ~75% from its ATH .
Some algorithmic or market models forecast a rebound by end-2025/2026, though such predictions are speculative—always perform your own research .
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✅ Key Factors to Watch
1. dApp & wallet growth: Broader adoption of Web3, driven by applications using WalletConnect, can impact utility demand.
2. Staking/incentive updates: Changes in staking rewards or protocols could shift token circulation.
3. Market cycles: Cryptocurrency-wide trends (bull/bear markets) heavily affect WCT.