Price snapshot (July 21, 2025):

💰 $0.38 | 📈 24h: +7–8% | 💸 Vol: $58–70M | 🔺 ATH: $1.35

"Price is bouncing well thanks to Solana news + 22% staking APY - WCT is no longer just a connector!"

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News & Narratives:

Short-term:

Multichain Solana launched: expanded on Solana with an airdrop of 5 million WCT, in collaboration with Phantom, Jupiter, Backpack, Solflare.

1inch campaign: from July 17 to August 6, swap through 1inch on Solana to share 50k WCT rewards.

Long-term:

Staking & governance: ~121 million WCT has been staked, over 49,400 participants, APY can reach up to 22%.

Transferability enabled: tokens from April 2025 have opened for trading and are used for fee voting and governance mechanisms.

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Technical analysis (1D frame):

🟢 Support: $0.34 (7-day low area) → $0.35

🔴 Resistance: $0.38 (24h high) → $0.40

📈 Momentum: +7–8% in 24h

🌡️ RSI: There is room for further increases (not overbought yet)

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Scenario:

Bullish: Break $0.38 → aiming to test the $0.45 area then ATH $1.35 if staking continues to flow in.

Bearish: If it breaks $0.34 → retest $0.32–$0.33, due to profit-taking after the Solana/1inch campaign.

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Investment strategy:

Trader:

Entry: $0.36–$0.37

TP: $0.38 → $0.42 → $0.50

SL: $0.34

Holder:

Stake WCT to earn yield up to 22% from the staking pool.

Hold long-term if WCT expands its governance role across chains.

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Risk analysis:

- Attractive APY price could attract 'hot' money - easy to pump & dump

- Token unlock risk: according to Dropstab, from July 26 will continue to unlock 0.06% of supply monthly.

- Competition: other bridge/governance tokens like Synapse, Connext… are also strong in staking & multichain.

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Conclusion

> “$WCT is transitioning from just a Bridging token to a strong multichain & staking token - what do you think?

🪙 A. This is a long-term growth gem, worth holding

🚀 B. Likes to play quickly, hot campaign this time

❓ Q. Still skeptical about governance and unlock schedule?

@WalletConnect #WalletConnect