#WalletConnect
WalletConnect Token (WCT):
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🔍 What is WCT? @WalletConnect
Native token of the WalletConnect Network—the on‑chain UX ecosystem enabling seamless, secure connections between wallets, apps, and dApps .
Powers staking, governance (voting on fees and protocol changes), and rewards to node operators, wallets, and users .
Initially non‑transferable at launch to focus on ecosystem stability and community growth; as of April 15, 2025, it became fully transferable, enabling free transfers across wallets and exchanges .
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💰 Market Snapshot
Price: ~$0.33
Circulating Supply: ~186 million WCT
Max Supply: 1 billion WCT
Market Cap: ~$62 million
24‑Hour Volume: ~$38–41 million
Recent Price Action
~ –1 % in the past 24 h; –12 % to –20 % over the last week depending on data source .
All-time high was ~$1.34–1.35 on May 31, 2025, meaning it’s currently ~75 % below the peak .
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🏛️ Tokenomics & Utility
1 B total supply, distributed among:
Foundation: 27%
Airdrops: 18.5%
Team: 18.5%
Rewards: 17.5%
Early backers, development, etc. .
Reward programs: ~17.5% of supply reserved for staking/node participation—5% issued in first year .
Fees & governance: Enables community-driven implementation of relay/service fees .
$WCT