The dealer behind the WCT token is truly worth researching, as the trend of WCT aligns very well with the strategy of the 'North American strong dealer'.
1. All-Star Lineup Launch
$WCT was initially pre-sold on a competitor's exchange at 0.2 per token. At that time, it was thought to be just another small coin, as it wasn't targeting a popular area and had nothing to do with AI or layer 1.
However, unexpectedly, after a period of silence, it went directly to Binance spot trading and also appeared on the South Korean exchange Upbit; this already provides a glimpse into the capabilities of the dealer and the team behind this project, which cannot be underestimated.
2. Continuous Price Breakthrough
In fact, the airdrop provided by WCT, combined with the market-making shares from the exchanges, is not small, but the strength is evident, and it is still able to continuously push up the price (the price has already doubled since the opening); however, at this point, the dealer is already plotting a grand scheme...
3. ATH Explosion
Finally, after gathering enough chips, the dealer started climbing the increase leaderboard at the end of May, appearing on the list for several days, sparking crazy discussions among users in the plaza about this token. Once it gained traction, the short-sellers followed suit, but the spot holdings were all in the dealer's hands...
4. Vertical Waterfall
As the short-sellers were continuously crushed by the dealer and converted into fuel, the dealer finally felt the timing was right and began to sell everything, leading to a massive drop that day. Moreover, North American strong dealers will completely abandon the market once they decide to exit, which is why the price has not recovered since then.
