🔎WalletConnect Token (WCT)🔎

$0.29

-$0.00(-1.28%)Today

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📉 Price & Market Snapshot

Current price: ≈ $0.2921, down ~ –1.28% over the prior close coindesk.com+15CoinGecko+15crypto.com+15.

Market cap: approximately $54–55 million, with ~186 million WCT in circulation (max supply: 1 billion) coinbase.com+3CoinMarketCap+3Binance+3.

Ranked around #523–#525 in global crypto rankings CoinMarketCapCoinGecko.

📉 Recent Trends

Price action: WCT is down around –1% over the past 24 hours, and –21% over the last week .

Volume: 24-hour trading volumes hover around $30–40 million, roughly a one‑day drop of ~ –23% compared to the previous day .

📰 Key News & Developments

A Launchpool event on Coins.ph was announced (August 1, 2025), allowing users to stake USDT or ETH to earn a share of 6,840 WCT tokens, potentially increasing liquidity and interest in WCT .

The WalletConnect Foundation expanded WCT availability to Solana, with an airdrop of 5 million WCT tokens to active Solana wallet users via platforms like Phantom, Jupiter, Backpack, and Solflare .

📊 Technical Outlook & Forecast

Short-term technicals suggest bearish sentiment: RSI is neutral (~49), and WCT is trading near support around $0.2898; key resistance lies at $0.3767 .

7-day projections (PricePredictions.com): expecting a decline to $0.2865 by August 10, 2025 .

Monthly outlook (CoinCodex): predicts August average around $0.2546, a potential downside of 2–26% depending on momentum. Longer term forecasts for later 2025 suggest range-bound pricing and modest potential gains in rounds of 15–22% .

A contrasting view from Phemex notes that in late May 2025, WCT had surged into the $1.10–$1.16 range, up 276% month-over-month, but has since sharply retraced. Major resistance and pivot levels are between $0.55–$0.60 (first support), and $1.20 on the upside .