A small token, big impact – opening the gate to Web3 for every wallet you use.
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1. Snapshot
Current price: $0.3577 (↑5.8% in 24h, ↑3.7% in 7 days)
24h trading volume: ~$33–45 million (steady performance increase)
ATH: $1.35 (31/5/2025) – currently down ~74%
Market cap: ~$66M (#~500) with 186.2 million tokens in circulation
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2. News & Narratives
🔸 Short-term catalyst
Token launch after successful IEO (raised over $40 million)
Appeared on Binance Launchpool, OKX, MEXC → improves liquidity
🔹 Long-term narrative
$WCT is a governance token, staking, and relay fee on the WalletConnect Network
WalletConnect is the 'backend UX' of Web3: 15M+ connections, 300+ chains → tokenizing connection activity is a significant step
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3. Technical analysis & Price scenario
Nearby support: $0.335–$0.340 (24h low test zone)
Resistance: $0.358–$0.360 (today's peak)
Indicator: RSI/MACD on TradingView neutral → slight recovery trend
Scenario: If breakout $0.36, may retest $0.40–$0.45
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4. Investment strategy
⚡ Short-term trader
Entry: $0.340–$0.345 (support zone)
TP: $0.360 → $0.400
SL: $0.330
🧘 Long-term holder
WCT has clear utility – staking, governance, relay fees – the token is not just speculation
Sustainable development of WalletConnect Network is the main leverage
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4.1 Risks to consider
The protocol is still new – token launch in February 2025, hasn't undergone long stress tests
Competition from other wallet connection platforms
High liquidity volatility due to token unlock released according to vesting
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5. Conclusion
WCT is the foundational token for the WalletConnect ecosystem – a decentralized yet essential factor of Web3. With clear functions, a strong team, and a multi-chain community, WCT could be a notable long-term opportunity. However, be cautious as it's a new token, highly volatile, and market risks are always present.
