📈 $WCT #WalletConnect @WalletConnect

Good evening everyone!! A small analysis of the WCT token today...

WCT (WalletConnect Token) Bullish Analysis

💹 Current Performance

Price (USD): $0.3162, with an increase of +3.20% in the last 24h .

Price (BRL): R$1.76, reflecting an appreciation of +3.6% in the same period .

Volume 24h: US$22.05 million, up 20.3% since yesterday, indicating higher buying interest .

🚀 Drivers of the Rise

1. Multichain Expansion: Launch of WCT on Solana with an airdrop of 5 million tokens for active users, expanding access to over 100 million monthly wallets .

2. Practical Adoption: Integration with leading Solana apps (Save, Drift, Kamino Finance), reinforcing utility in loans, DeFi, and exchanges .

3. Technical Sentiment: Indicators point to a bullish trend on 4h charts, with an upward moving average and neutral RSI (30-70), suggesting room for continuation .

⚖️ Market Context

Relative Performance: WCT outperformed the general crypto market, which recorded a decline of 1.40% in the period .

Market Capitalization: US$58.75 million, with 186.2 million tokens in circulation .

💎 Enhanced Utility

WCT is not just a speculative asset:

Governance: Voting on protocol proposals.

Staking: Rewards for network security.

Fees: Future use for transaction costs .

🔚 Conclusion

The rise of WCT today combines solid fundamentals (expansion to Solana, real utility) and technical momentum. Despite the optimism, investors should monitor resistance at $0.317 (daily high) and market adjustments.

Thank you for your attention and hugs to everyone!