📉 $WCT / USDT – MARKET UPDATE & LONG-TERM OUTLOOK
WalletConnect Token ($WCT) is currently trading near $0.31, down 5-6% in the short term and trading ~77% below its all-time high of $1.36 recorded in May 2025.
🔍 Market Analysis:
Recent price action remains bearish, with technical indicators such as MACD and moving averages signalling caution.
RSI remains neutral, suggesting neither extreme selling nor strong buying pressure at present levels.
🛠 Fundamental Highlights:
Strong integration within the WalletConnect ecosystem, connecting 600+ wallets and thousands of dApps.
Utility: Governance voting, fee voting, and node rewards strengthen its tokenomics.
📈 Future Outlook:
Analysts expect modest recovery in the short term.
Long-term potential: A gradual return towards $1+ levels by 2029–2030, supported by continued ecosystem expansion and adoption.
⚠️ Key Takeaway: While current volatility and market risks remain high, $WCT may present a good long-term opportunity for believers in crypto infrastructure. Strategic entries with clear risk management are advised.