$WCT
📊 Key Highlights
Current Price: ~$0.375 USD, up ~3.4% over the last 24 hours. 24‑hour high ~ $0.3826, low ~ $0.3606 .
Volume & Market Cap: 24‑hour trading volume between $50 M–$70 M, market cap around $70 M, circulating supply ~186 million WCT .
All‑Time High: ~$1.35 reached on May 31, 2025—current price is roughly 72% below that peak .
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🔍 What’s Driving WCT?
WalletConnect Expansion: WCT incentivizes usage across 57K+ dApps and supports staking/governance—fueling token demand .
Market Momentum: Community sentiment is largely positive (CoinGecko shows bullish sentiment), with price up ~12% week-over-week—a sign of renewed interest .
Strong Ecosystem Support: Ranked #1,923 in trending mentions; engagement on Binance Square highlights growing creator interest in WCT .
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🎯 Outlook & Watchpoints
Short‑Term Risk: Watch key resistance at $0.38–$0.39; a breakout could trigger another leg up.
Long‑Term Potential: Dependent on further adoption of WalletConnect across multi‑chain wallets (Ethereum, Optimism, Solana) and integration into more dApps.
Volatility Caveat: With ~72% drawdown from ATH, caution is advised—market sentiment may shift, especially if broader crypto trends turn risk‑off.
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🧭 Suggested #WCT Market Watch Post
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#WCTinFocus — WalletConnect Token Update 🚀
WCT trades at $0.375, surging ~3.4% daily with $60–70M daily volume and ~$70M market cap.
Strong dApp adoption & staking/governance features are fueling momentum—with WCT up ~12% WoW.
⏭️ Key levels to watch:
• Resistance: $0.38–0.39 (near daily high)
• Support: ~$0.36 (last pullback)
🔄 Market sentiment remains bullish, but post‑May’s ATH pullback (~72% drop) warrants caution.
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