WCT Analysis Report

First, the conclusion: From a four-hour perspective, there is a continuous bottom divergence, and trading volume has been consistently decreasing, indicating signs of horizontal accumulation. Currently, the trading volume looks good, and a surge should happen soon. The current price is around 0.3 USD, and the first target can be seen at 0.46 USD.

WCT Background

With the development and popularization of Web3 technology, people's interaction with DeFi, NFT, and blockchain games is rapidly changing. At this crucial moment of transformation, WCT stands out. WCT is an open-source protocol that securely connects your crypto wallet to decentralized applications without exposing private keys.

Why is WalletConnect crucial?

Wallet Security Mechanism: Ensures the privacy and security of each transaction through end-to-end encryption.

Cross-Chain Compatibility: Not only supports ETH, but also compatible with mainstream blockchains such as SOL, Polkadot, and BTC.

Ecosystem Access: As of June 25, WalletConnect has facilitated billions of connections between wallets and dApps, becoming a trusted infrastructure for users.

Conclusion: WCT is not just a token; it is also a tool for the normal operation of the WalletConnect ecosystem. It supports community governance, staking incentives, and on-chain payments, serving as the foundation for achieving secure, open, and highly participatory ecological construction.