WCT Valuation Analysis: Is There Long-Term Potential?

Recently, $WCT (WalletConnect Token) has caught the attention of many in the Web3 community. At the current price of around $0.33, WCT is still in its early phase, with most tokens distributed via content rewards and airdrops. Here’s my view on its value and future potential:

What can WCT be compared to?

WCT’s model is similar to early-stage ecosystem tokens like $BNB (when it was mostly used for fee discounts and platform rewards), as well as $ARB, $OP, $GAL, and other incentive tokens for Web3 platforms. It’s designed to reward content creation, encourage wallet connections, and support governance in the WalletConnect ecosystem.

Short-Term vs. Long-Term

Right now, much of WCT’s demand comes from airdrops and social activity. As more wallets and platforms integrate WCT for incentives or fee discounts, the real value could grow.

Short-term price targets might be $0.5–0.8 if activity and market hype pick up. In the medium to long term, if WalletConnect expands real-world use cases and secures major partnerships, $1–2 or more could be possible.

Risks and Opportunities

The main risk: after initial activity, some users may sell their rewards, putting pressure on price. But if WCT develops more utility in the Web3 content, wallet, and incentive space, the upside could be significant.

My conclusion:

For now, WCT is best suited for “earn by participating” and holding a portion for long-term observation. It’s still early, so I wouldn’t go all-in, but I see potential as the ecosystem grows.

What do you think about $WCT

Do you see it as the next big Web3 incentive token?