INVESTORS CONFIDENCE SHAKE FOR WCT TOKEN

#WCTWallet $WCT #WCTWallet

Why Investors Are Losing Confidence in WCT

1. Early Price Crash After Launch

WCT launched in April 2025 with high hype and a price around $0.40–$0.60.

Within days, it plunged over 30%, shaking retail investor confidence.

Many felt it was a "buy the rumor, sell the news" event.

2. Technical Breakdown & Bearish Patterns

Analysts identified a Head and Shoulders chart pattern.

Once the neckline broke (~$0.36–$0.35), the token entered a downward trend, falling toward $0.29–$0.30.

Weak technical signals discouraged both traders and long-term holders.

3. Limited Immediate Utility

While WCT is designed for governance and staking, many features are:

Not live yet, or

Only relevant to developers or relayer nodes.

For most retail investors, WCT doesn’t offer clear short-term benefits or passive yield.

4. Speculation & Pump-and-Dump Warnings

There were reports of manipulative promotion in private Telegram and WhatsApp groups.

WCT was compared to failed tokens like CLEU due to similar promotion tactics.

Fear of becoming exit liquidity made investors cautious.

5. Low Visibility Compared to Bigger Tokens

Despite being part of WalletConnect (a respected protocol), WCT lacks:

Mainstream exchange listings

Widespread community engagement

Influencer marketing

Competing governance tokens (like ARB, OP, or ENS) have larger ecosystems and better visibility.

6. Market Conditions

The broader crypto market cooled after a March 2025 rally.

Risk appetite declined, especially for new or unproven tokens.

Investors moved toward BTC, ETH, or stablecoins.

🛡️ Can WCT Recover?

Yes—but it needs:

Live staking/incentive programs

Clear roadmap execution

Transparent communication

More utility for regular users, not just governance