#WCTToken The WTC token refers to two distinct cryptocurrencies, based on available information: WalletConnect Token and Waltonchain Token. Here's a concise breakdown:

1. **WalletConnect Token (WCT)**:

- **Purpose**: Native token of the WalletConnect Network, a blockchain ecosystem enabling crypto wallets to connect with decentralized applications (dApps) via QR codes or deep links.

- **Uses**: Governance (voting on network proposals), staking (earning rewards), rewards for node operators, and potential future fees for dApp or SDK usage.

- **Network**: Launched on Optimism (Layer 2 on Ethereum) for faster transactions with Ethereum’s security.

- **Supply**: Capped at 1 billion tokens, with 18.5% allocated for airdrops (e.g., 50 million in the first season). Circulating supply is around 186-190 million.

- **Price (as of June 2025)**: Approximately $0.314-$0.34 USD, with a market cap of ~$58.5 million (ranked #461-#648 on CoinMarketCap/CoinGecko).

- **Trading**: Available on exchanges like Binance

2. **Waltonchain Token (WTC)**:

- **Purpose**: Native token of Waltonchain, a blockchain ecosystem combining blockchain, RFID technology, and IoT for supply chain management (e.g., logistics, clothing, food traceability).

- **Uses**: Facilitates transactions and operations within the ecosystem, leveraging RFID chips to upload data to the blockchain for enhanced efficiency.

- **Supply**: Circulating supply of ~89.8 million, with a max supply of 100 million.

- **Price (as of June 2023)**: Reported at $0 or $0.03386 USD, with no recent trading volume data, suggesting low market

**Note**: Recent X posts mentioning WTC nodes and mining (e.g., WeTON project) may relate to a different or speculative use of the WTC ticker, but these lack clear ties to either WalletConnect or Waltonchain and should be treated cautiously as they may not reflect established projects.