Some people say my last post was too complicated to understand? Emma So let me put it simply and straightforwardly 😂 First, let's talk about whether WalletConnect$WCT 's future price will rise?
WalletConnect#WalletConnect is the 'universal connector' of the Web3 world, allowing wallets and DApps to communicate seamlessly. Will its token WCT rise or fall in the future? The key depends on these few things:
🟡 Are many people using it? Is the ecosystem mature enough? 2. Future key points: If more DeFi, NFT, and GameFi projects integrate, the demand for WCT will definitely increase, especially if big companies (like banks and payment platforms) use WalletConnect for on-chain business, that would be a huge benefit!
"The more users there are, the more potential for price increase"! This is definitely a big opportunity.
🔴 Is the technology strong? How is the user experience? 🔐 Security: Currently very secure, if it can prevent hacking and phishing even better in the future, and if the user experience improves, the user base will naturally grow. 👥 How is the user experience? If it can connect to wallets as quickly as 🌍 WeChat scanning, it will definitely explode in popularity! Supporting more chains (like Solana, etc.) increases opportunities.
Technology upgrades + improved experience = potential for price to skyrocket.
🟢 Future trend? If a bull market comes: Bitcoin and Ethereum rise, WCT is likely to rise as well. If DeFi and NFT explode again, and more people use wallets, the demand for WalletConnect will naturally increase. 🏦 Traditional companies entering the market: for example, if Starbucks uses WalletConnect for NFT membership cards, that would be amazing! (I'm just imagining 🤔, please don't attack me 😂, I'm just a little girl sharing my thoughts, looking forward to the future)
The hotter the industry gets, the more popular $WCT will be.
What about competitors 🤷♀️ in this regard? WalletConnect's advantages: More decentralized, strong community support. If it can be the first to support popular new chains, it can outpace its competitors.
If it is not overtaken by competitors, it can continue to rise! Personally, I am very optimistic about it.
Moreover: If holding the coin can make money, more people will be willing to hold on to it. @WalletConnect 1️⃣ More and more people are using it. 2️⃣ Technology upgrades, improved experience. 3️⃣ Overall explosion of the Web3 industry.
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