The #wct token by #WalletConnect saw an early pump to $1.39, followed by a sharp drop to $0.28-$0.30, where it is currently stabilizing. Binance and WalletConnect are now launching several campaigns to maintain interest in the token:
WalletConnect-Giveaway: $200,000 in WCT for authors based on post volume and engagement.
Article Campaign: $150,000 in WCT for articles, paid based on views across 3 phases.
WriteToEarn Booster: Up to $150,000 in WCT as a bonus for WCT trades by your readers.
These campaigns may temporarily support liquidity and price, but the token distributions could lead to sell pressure later. However, with new marketing waves and partnerships, WCT might bounce back, creating trading opportunities during news spikes.
If you are trading WCT, watch the $0.28-$0.33 range as a support/resistance zone during this campaign phase.
$WCT
We will continue monitoring WCT key dates and news for you. Like and share if you are trading or participating in the campaign.