I recently noticed the daily trend of $WCT; those in the car are probably wondering if there will be opportunities in the future?
WalletConnect is an open-source protocol designed to securely and decentralizedly connect cryptocurrency wallets to decentralized applications.
(dApps).
Its network token $WCT will be launched in September 2024, deployed on Optimism's OP Mainnet, with a total supply limited to 1 billion coins, playing a dual role of reward and governance in the ecosystem, aimed at incentivizing participation and promoting decentralized governance.
WalletConnect allows users to interact with dApps without exposing their private keys through QR code technology or deep linking, thus achieving cross-chain interoperability and a smooth user experience.
WalletConnect is the essential foundational infrastructure of the Web3 ecosystem, supporting over 600 wallets and 40,000 applications, having facilitated more than 185 million on-chain connections so far, serving over 30 million users, covering several blockchain networks such as Ethereum, Solana, Cosmos, Polkadot, Bitcoin, etc.
Wallets are a central component of the Web3 ecosystem, having a significant positive impact on the development and popularization of Web3 projects.
Wallets enhance user autonomy and decentralization, allowing everyone to own their own on-chain assets, promoting the popularization of dApps and the growth of the ecosystem; wallets are the gateway to blockchain.
With the growth of web3 users, wallets will also become an important entry point for traffic competition, and choosing the safest and most convenient wallet will be the priority for users.
Currently, the price of WCT is $0.32, and over a longer period, it is uncertain if there will be surprises; after all, it is not yet a well-known wallet token.
Of course, the cryptocurrency market is very volatile; the trend of WCT is influenced by various factors, including market sentiment, project development, and the overall trend of the cryptocurrency market. There are also significant risks, so it is essential to carefully assess the risks when investing.
