$WCT @WalletConnect
📉 Price Snapshot & Market Sentiment
Price: ~$0.3344 USD, down about 2.1% over the last 24 hours
7‑day trend: Up ~11–12% week-over-week
Trading volume: Roughly $45–46 M over the last 24 hours
📰 Key News Roundup for July 14, 2025
1. WCT Council Launch
WalletConnect announced the formation of a WalletConnect Council, a new group of experts and developers set to guide the protocol's growth and governance direction .
2. Platform Partnerships & Incentives
DeFi integration continues to deepen:
Binance initiated a Write‑2‑Earn campaign on Binance Square, enabling users to earn WCT by creating content tagged with “#wct ” .
Long-term staking stats show strong traction, with 121 M+ WCT staked by 49K+ users, yielding up to 22% APY .
3. Market Technicals & Forecasts
Analysts on Binance Square and TradingView signal bullish setups:
Technical commentary highlights a breakout rally above the recent $0.330– $0.344 zone, with upside targets set at $0.355–$0.400+ .
CoinCodex models project a potential near-term dip to about $0.257 by mid‑August, with short-term highs near ~$0.343 in the next day or two .
🔍 Summary & Outlook
Factor Snapshot
On-chain growth Expanding council structure, governance tools, and incentive programs strengthen the ecosystem
Trader sentiment Short-term bullish, trading above key support with possible breakout plans
Caution signs Forecasts suggest possible dip of 20–25% from current levels by August
✅ Actionable Insights
For existing holders: Monitor $0.330 support and $0.347 resistance—a decisive close above could fuel further gains.
For new entrants or swing traders: A cautious entry near dip levels (~$0.330) may pay off—targeting short-term breakouts up to $0.365–$0.400, while watching firm stop-losses.
Long-term perspective: Participation in staking and content incentives offer additional yield and utility beyond price movement.
