😱🚨 Attention Investors! Is WCT Preparing for a New Rally? 🔥🚀

📢 WalletConnect (WCT) has recently come back on our radar! As technical indicators gain strength, developments in the ecosystem could drive the token price up. So what is WalletConnect, and why is it so important?

#WalletConnect $WCT @WalletConnect

🧩 What is WalletConnect?

WalletConnect is an open-source protocol that enables secure connections between decentralized applications (dApps) and wallets.

Allows users to connect their wallets directly to dApps via mobile/web to perform transactions.

🔑 Key Features:

Wallet & dApp connection with QR code and deep link technology

SDK support for wallet and dApp developers

Works on all EVM-based chains like Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Base

With WalletConnect v2, multi-chain support, enhanced security, and broader protocol coverage are offered.

💡 Use Cases:

NFT platforms (OpenSea, Zora)

DeFi applications (Uniswap, Aave, Curve)

GameFi projects

DAOs and governance tools

📈 WCT Token Economy

Token Name: WalletConnect Token (WCT)

Purpose: Governance, staking, in-protocol incentives

Total Supply: 1 billion WCT

Circulating Supply: Approximately 186 million WCT (as of August 3, 2025)

Exchanges: Trades on major exchanges like Binance, OKX, KuCoin, Bitget, MEXC, Gate.io

📊 Current Price Data (August 3, 2025)

Price: $0.2954

24-Hour Change: +%1.2

Market Cap: $54–55 million

Trading Volume: $23–47 million

🧭 Technical Analysis Summary:

RSI (14-day): 51 (neutral, but there is potential for upward break)

MACD: Provides positive signals

50GHO: $0.283 (trading above this price)

200GHO: $0.313 (could be a long-term target)

Support: $0.285 – $0.275

Resistance: $0.305 – $0.32

🔮 Possible Scenarios:

Sideways movement: $0.29 – $0.30

Positive news flow: $0.32 – $0.35

Bullish scenario: $0.38 – $0.42

📌 General Assessment:

WalletConnect serves as a critical bridge in the Web3 world. The current price is very close to testing resistance technically. New versions in the protocol, staking integration, and community governance developments could trigger a strong rise in the medium term. Especially if the overall market remains positive, there's a potential for a 20-30% increase by the end of the year.

🧠 Remember: Technical analysis provides signals, but the decision is yours. Don't neglect to do detailed research before investing.