The recent trend of the WCT token has seen some fluctuations, with uncertainty in the short-term outlook, but potential for growth in the long-term.

In the short term, as of July 1, the price of WCT was $0.3092, an increase of 3.47% from the previous day. The K-line chart for the past 4 hours shows slight fluctuations in price compared to June 30, with an overall decline and a decrease in trading volume, indicating low market activity. The MACD histogram remains negative and is gradually lengthening, indicating strong bearish pressure, but there is no obvious trend, and the KDJ indicator has not shown a golden or death cross.

In the long term, as the token for the WalletConnect protocol, WCT may see increased demand as the protocol is adopted more widely in the Web3 ecosystem, especially if it can integrate with more mainstream blockchains and DApps. Some forecasts suggest that by 2025, WCT could gain momentum due to the widespread use of WalletConnect, with prices expected to reach around $100. However, the cryptocurrency market is heavily influenced by regulatory policies and market sentiment, so investment should be approached with caution.

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