🚀 Has WCT fallen out of the golden entry point? Airdrop players VS dip buyers
WCT (WalletConnect Token) has experienced Launchpool airdrops, educational activity releases, and initial speculative peaks since its listing on Binance, with prices once soaring to $1.15. However, a rapid pullback followed, and it has recently consolidated in the $0.29 to $0.32 range, having corrected over 70% from its peak.
For investors who missed the airdrop but are optimistic about the project's fundamentals, this drop has actually opened up a mid-term entry window. If entering at the current price of $0.30, when it returns to the previous high of $1.00, the potential return exceeds 3 times. Additionally, with WCT adopting a fixed total supply and a non-inflationary model, its long-term value is built on ecosystem adoption and governance participation.
Currently, technically, $0.29 is forming strong support, and if there is no new round of significant selling pressure, this could very well become a mid-term bottom.
Focus for the upcoming week: community updates, trading volume recovery, and whether Binance will release new incentive activities.
