WalletConnect Token (WCT) recently rebounded after a steep drop in late May, where it fell over 60% from its $1.39 all-time high. Currently trading around $0.36, WCT has gained ~12% in the past 24 hours with strong volume. The recovery is fueled by whale accumulation, major exchange listings, and ongoing airdrop interest. A WalletConnect protocol update also boosted sentiment. Analysts view $0.32–$0.34 as key support, with potential upside if demand from DeFi integrations continues. However, WCT remains highly volatile, sensitive to token unlocks, whale moves, and listing news. Short-term traders should watch volume spikes, while long-term holders may monitor protocol growth. Stay alert for new airdrops and wallet activity patterns.
