CAN #WCTToken Go Back to ATH 1.36$ 😱😱
LET'S SEE 🚨🚨🚨🚨🚨🚨
Is WCT (WalletConnect Token) can reach its all-time high of around $1.35–1.37 again. Here's a breakdown based on recent data:
📈 Current vs ATH
ATH was achieved on May 30–31, 2025, around $1.35–1.37 .
Presently trading between $0.34 and $0.35, meaning it's down roughly 75% from its peak .
📊 What Drove the ATH?
The token launch and initial hype in May 2025 drove prices up. That burst was likely fueled by excitement and strong trading volume post-launch .
Since then, normal market corrections have pulled it back down around 70–75% from that peak .
✅ What Could Push It Back to ATH?
1. Major Product or Utility Upgrade — enhancements in staking, relays, or integration could spark renewed interest.
2. Ecosystem Adoption & Integrations — On-chain usage growth across Ethereum, Solana, Optimism, etc.
3. Macro Bull Run — A strong overall crypto market rally might lift altcoins proportionally.
4. Tokenomics Events — Token unlocks (e.g., July 26) or communications around supply may influence sentiment .
⚠️ Factors Holding It Back
Low liquidity/support: Market cap is ~$65 M, a fraction of the ~$250 M cap at ATH. Reaching $1.35 would require ~4× market cap increase.
Profit-taking & sell pressure from early holders who may cash in, limiting ascent.
Competition & shifting attention: Other layer‑1s and protocols often dominate investor focus.
📅 Realistic Timeframes
Short-term (weeks–months): An organic rally back to ATH is unlikely without new major catalysts.
Medium-term (6–12 months): Possible if Web3 usage booms and WalletConnect releases key features or integrations.
Long-term: More plausible with sustained platform adoption, governance enhancements, or token burns.
🔍 Summary
Yes – technically possible, but very challenging. It would require a substantial increase in project traction, token utility, and overall crypto market sentiment.