$WCT#

The abbreviation "WCT" typically refers to "WalletConnect Token", a digital currency (token) associated with the WalletConnect network. This network is an open-source, chain-agnostic protocol aimed at facilitating secure and seamless communications between cryptocurrency wallets and decentralized applications (dApps).

The WCT token is used for various purposes within this ecosystem, including decentralized governance, where holders can vote on network proposals and developments. It can also be used for staking to earn rewards and contribute to network stability, and there may be fees for using the network in the future that are paid with WCT. Its significance stems from its central role in connecting the world of digital wallets to the growing Web3 applications.