$WCT

📉 “WCT: A Promising Blue Chip That Keeps Dropping! Even Though It's Backed by a Giant Network?”

June 26, 2025 — Many have been wondering: “Why is the price of WCT going down, even though it's a token from WalletConnect—one of the core infrastructures in Web3?”

I had the same question at first. But after a deeper analysis, this situation actually reveals a major opportunity. The price drop isn’t due to weak fundamentals—rather, it's because the token’s utility phase hasn’t been fully activated yet.

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🔍 Three Key Factors Behind the Price Pressure

1. Token functionality is not fully active yet

WCT is still non-transferable and not yet used to pay for services, staking, or relaying. In other words, real market demand hasn’t formed yet.

2. Massive incentives without proper lock-up

Weekly giveaways and airdrops worth hundreds of thousands of dollars have created strong sell pressure. Without proper lock-up or vesting mechanisms, these incentives often turn into short-term profit-taking.

3. The team is focused on infrastructure, not price

WalletConnect is expanding across chains (Optimism, Solana, etc.) and preparing its node and governance infrastructure. Token utility is still in a gradual activation phase.

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📈 Strategic View: Buy While It's Still Overlooked

On-chain data shows WCT is currently undervalued. The circulating supply is still limited, the governance proposal to enable transferability is in the pipeline, and token utility is set to go live in technical services.

Waiting until everything is activated might mean missing the early momentum.

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✅ Conclusion: Think Like an Investor, Not a Follower

WCT is a classic example of a high-quality token that the market hasn’t fully understood—yet.

📌 My personal strategy:

Hold spot positions patiently and steadily

Scale into long perpetual positions with disciplined risk management

Monitor governance, and stay alert when the transfer proposal goes live

> When the majority hesitates, the informed minority positions early.