What is WalletConnect?
WalletConnect is an open-source protocol (founded by Pedro Gomes in 2018) that securely connects self-custody crypto wallets to decentralized applications (dApps) via QR codes or deep links . It supports over 300 blockchains and 500+ wallets, acting as an encrypted bridge so users can sign transactions within their own wallets without exposing private keys .
WCT/USDT – Current Price & Quick View
So, WCT is trading around $0.3109, modestly down ~0.05% today.
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Future Strategies & Trading Signals for WCT
🚀 1. Utility-Driven Accumulation
WCT is central to WalletConnect’s staking, governance, and node-incentive system. As the network decentralizes, token demand may rise. Consider dollar-cost averaging during dips around $0.30–$0.32 to build a position.
🔍 2. Technical Levels to Watch
Support Zone: $0.30–$0.31 (current area)
Resistance Zone: $0.35–$0.36 – crossing this with volume might signal upside.
Use RSI to watch for overbought (>70) or oversold (<30) conditions to time entries or exits.
🎙️ 3. Staking & Governance Benefits
Holding and staking WCT can generate passive yield depending on how many participate as node operators. This may justify holding even in sideways periods. #WalletConnect #wct @WalletConnect