WCT (WalletConnect Coin) Daily Analysis – June 27, 2025

WalletConnect Coin (WCT) is currently trading around $0.30, showing a slight 1% increase in the last 24 hours. With a circulating supply of approximately 186 million out of a 1 billion max supply, its market cap stands near $55 million.

Technically, WCT is experiencing short-term bearish momentum, having dropped over 10% this past week. Analysts predict further downside toward $0.22 by late July, with key support at $0.28 and resistance around $0.31.

Despite the decline, WCT holds strong fundamentals as the native token powering the WalletConnect ecosystem across Ethereum, Solana, and Optimism. It enables governance, staking, and fee mechanisms on the protocol.

Investors may find opportunities if the token retraces further, but caution is advised amid broader market uncertainty.#WalletConnect $WCT @WalletConnect