The crypto market is always full of opportunities, and one token that's been on my radar is $WCT.

For those unfamiliar, WalletConnect isn't just another token; it's the backbone of dApp connectivity for millions of users across multiple chains like Ethereum and Solana. It's the secure bridge that makes Web3 accessible.

Why is $WCT interesting right now?

  1. Strong Fundamentals: It has real-world utility. With over 57,000 dApps using its protocol, its adoption is widespread and growing.

  2. Ecosystem Expansion: WalletConnect recently expanded to the high-speed Solana network and completed a major airdrop, significantly boosting its user base and visibility.

  3. Increased Liquidity: The recent introduction of WCT perpetual futures on Binance makes it more accessible to a wider range of traders, which could positively impact volume and price action.

After hitting an all-time high of around $1.34 in late May, $WCT has seen a healthy correction and has been consolidating. Many analysts are now watching key support and resistance levels. A breakout from this consolidation could signal the start of a new upward trend.

What are your thoughts? Are you bullish on the future of Web3 connectivity?

Let me know in the comments!

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