$WCT peaked at ~$1.36 in May/2025, currently adjusting to ~$0.34–0.35 after establishing support — long-term momentum still exists thanks to WalletConnect adoption, but short-term needs to monitor breakout.
---
1. Update today
Current price: ~$0.3426 USD, down ~1.5% in 24h
24h range: $0.3318 – $0.3526
24h Volume: about $56–66 M
Market Cap: ~$63–64 M (circulating ~186 million WCT)
Sentiment: Price has recovered +3.3% last week, neutral RSI — signs of reasonable adjustment after ATH
---
2. News & price dynamics
🔹 Short-term catalysts
Consolidation after ATH ~$1.36: WalletConnect peaked at the end of May → has significantly retreated to around ~$0.34–0.35
Institutional cash flow shifting: large daily volume > $50M proves there is still interest at lower levels
🔸 Long-term narratives
WalletConnect adoption is still increasing: integrating over 300+ chains, playing a crucial role in connecting app-trustless wallets
Tokenomics & development platform: smart contracts, continuously updated developer ecosystem; utility token model has plenty of room for price increase
---
3. Technical analysis & scenario
Chart:
Strong support: ~$0.33–0.34
Resistance right above: ~$0.35–0.36 (current level)
Indicators:
Neutral RSI (~50), unclear trend
Neutral MACD/slightly recovering
Volume maintained ~ $60M/day supports stable price
✅ Bull scenario:
Price holds above support ~$0.33 + strongly bounces through $0.36 with volume >$70M → may rise to test the $0.40–0.45 zone
❌ Bear scenario:
If it breaks ~$0.33 → to retest the $0.30–0.31 zone; insufficient momentum may create a prolonged sideways
---
4. Suggested investment strategy
Short-term trader
Buy zone: $0.335–0.34
Trigger to enter: Breakout >$0.36 with volume >$70M
Target: $0.40 (TP1), $0.45 (TP2)
Stoploss: below $0.33
Medium–long term holder
Pursued narrative: growth in demand using WalletConnect → utility token
Accumulation zone: $0.30–0.34
Take profit: $0.45–0.60 according to the deep application phase
Risk: slow adoption, competing rivals build layer connect, overall market weakness
> ⚠️ Not investment advice. DYOR & manage capital carefully.
