Wallet connect Token
#WalletConnect
💥 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.
💥 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.
#WalletConnect
@WalletConnect