$WCT currently at ~$0.344, volume around $40–50 million/24h, combined with news integrating Solana & Ethereum, opening up recovery opportunities after the pump to ATH $1.35 in May.
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1. Quick update today
Current price: ~$0.344 (+0.7% / 24h)
Range: $0.3226 – $0.3479
24h Volume: ~$44–80 million (average 45 million)
Market Cap: ~$64 million (FDV ~ $344 million, circ. 186 million/1 billion)
Sentiment: Relatively Greed (Fear & Greed 73), neutral/volatile market
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2. News & price momentum
🔹 Short-term Catalysts
Integration on Solana & Ethereum Mainnet, enhancing utility for staking, fees, governance
Airdrop 5M WCT on Solana, boosting short-term demand and volume
🔸 Long-term Narratives
WCT is the main token of the WalletConnect Network – a cross-chain UX platform that connects millions of wallets and dApps
Token has risen from IEO $0.02 to ATH $1.35, currently recovering after a large distribution
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3. Technical analysis & scenarios
Price action: currently sideway in the range $0.32–0.35 after the pump wave in May
RSI/RS: Technical details unclear, but volume is increasing significantly – a sign of accumulation
Support – Resistance:
Support: $0.32–0.33
Resistance: $0.35 → if breakout → challenge $0.45–0.50
Scenario:
🟢 Bullish: hold above $0.33 + volume continues → test the threshold $0.45
🔻 Bearish: losing support → may drop to $0.30–0.32
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4. Investment strategy
Trader (Short‑term)
Buy: $0.32–0.33
SL: < $0.31
TP: $0.38–0.45 (depends on volume and multi-chain integration)
Holder (Mid‑Long‑term)
Accumulate: $0.30–0.33
Invalid if: < $0.30
Target: $0.60–1.00 if WCT recovers utility and liquidity across multiple chains
⚠️ Not investment advice. DYOR & manage capital.
> “WCT is the main circuit of web3 UX – if utility increases again, the token could bounce back from the accumulation level.”