Some people said my last post was too complicated to understand? Emma Let's put it simply and straightforwardly 😂 First, let's talk about whether the future price of WalletConnect$WCT 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. Key for the future: If more DeFi, NFT, and GameFi projects get integrated, the demand for WCT will definitely increase, especially if major companies (like banks, payment platforms) use WalletConnect for on-chain business, that would be a huge benefit!
'The more people use it, the more potential there is for the price'! It's definitely a big opportunity
🔴 Is the technology strong? How is the user experience? 🔐 Security: It is currently very secure, and if it can prevent hackers and phishing attacks better in the future, with an improved user experience, the user base will naturally grow. 👥 How is the user experience? If it can connect wallets instantly like 🌍 WeChat QR code scanning, it will definitely explode in popularity! Supporting more chains (like Solana and others) will provide even greater opportunities.
🟢 Future trends? If a bull market comes: Bitcoin and Ethereum rise, WCT will most likely 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 impressive! (I'm just imagining 🤔, please don’t criticize me 😂, I'm just a little girl sharing my thoughts and looking forward to the future)
The hotter the industry gets, the more desirable WCT will be.
What about competitors? 🤷♀️ The advantages of WalletConnect: More decentralized, strong community support. If it can quickly support popular new chains, it can outpace competitors.
As long as it is not intercepted by competitors, it can continue to rise! Personally, I am very optimistic about it.
Furthermore: If holding tokens can make money, people will be more willing to hold onto them. @WalletConnect 1️⃣ More and more people are using it 2️⃣ Technological upgrades, better experiences 3️⃣ The overall explosion of the Web3 industry
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