🪙 What is WCT Coin?

WCT stands for WalletConnect Token, the native cryptocurrency of the WalletConnect Network—a decentralized protocol enabling secure connections between crypto wallets and decentralized apps (dApps) across multiple blockchains.

•Token Utility: WCT is used for staking, paying fees, earning rewards, and participating in governance (voting on proposals) within the WalletConnect ecosystem .

•Blockchain Support: It's an overarching token available on networks like Ethereum, Optimism, and Solana .

📊 WCT Market Overview

➡ Price: ≈ $0.308 USD

➡ 24h Change: Slightly down (~1.3%)

➡ All-time High: ~$1.35 (late May 2025)

➡ All-time Low: ~$0.28 (mid-April 2025)

➡ Circulating Supply: ~186 million WCT

➡ Max Supply: 1 billion WCT

➡ Market Cap: ~$60 million USD

➡ Fully Diluted Valuation: ~$321 million USD

➡ Circulating vs Max: ~19%

🏅 Background & Ecosystem

•WalletConnect Network powers over 15 million monthly connections and supports more than 300

•Officially launched with an Initial Exchange Offering (IEO) in mid-April 2025 at around $0.02 per token — since then, WCT has surged ~16× before settling around current levels .

•The protocol leverages service nodes and gateway nodes to facilitate encrypted communication and decentralized performance

🚀 Why WCT Matters:

• It’s the backbone of crypto wallet connections, powering seamless moves across 300+ chains. As community-led tech with no single owner, it keeps the ecosystem open, secure, and truly decentralized

⚠️ Risks of holding WCT

➡ New Project: Still early, tech & adoption evolving.

➡ Small Market Cap: ~$60M easier to manipulate by whales.

➡ Low Liquidity: Can’t always sell large amounts without moving price.

➡ Regulatory Uncertainty: DeFi & multi-chain tools under global watch.

➡ Utility Dependence: Success depends on WalletConnect adoption & staking ecosystem.

➡ No Stable Yield: Rewards depend on network activity & governance not guaranteed.

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