🚀 WalletConnect ($WCT) Prepping for a Fresh Rally – Are You Watching? 🔥
@WalletConnect #WCT is gaining momentum again – time to pay attention! 📈
💡 What’s WalletConnect All About?
WalletConnect is a leading open-source protocol that enables secure connections between crypto wallets and decentralized apps (like Uniswap, OpenSea, Aave, and more). Users interact with Web3 safely through QR codes and deep links.
The v2 upgrade introduces:
✅ Multi-chain capabilities
✅ Improved security features
✅ Broader compatibility across ecosystems
✅ Dev-friendly SDKs for wallets and dApps
Now functional on Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Base, and others.
🧠 Where Is It Being Used?
NFT marketplaces: OpenSea, Zora
DeFi platforms: Uniswap, Aave, Curve
Blockchain gaming (GameFi)
DAOs and governance tools
💰 About the $WCT Token
Token Name: WalletConnect Token
Utility: Governance, staking, and rewards
Max Supply: 1 Billion WCT
Circulating Supply: ~186 Million
Exchanges: Binance, OKX, KuCoin, MEXC, Gate.io
📊 Market Snapshot (Aug 3, 2025)
Current Price: $0.2954
24h Movement: +1.2%
Market Cap: ~$55M
Volume Range: $23M–$47M
Support Levels: $0.285–$0.275
Resistance Levels: $0.305–$0.32
📈 Technical Overview
RSI: Neutral with a bullish lean
MACD: Shows a positive crossover
50-Day MA: $0.283 (above support)
200-Day MA: $0.313 (critical resistance)
🔮 Short-Term Outlook
Neutral Conditions: $0.29–$0.30
Bullish Catalyst: $0.32–$0.35
Breakout Scenario: $0.38–$0.42
📢 What Could Push Prices Up?
Increased staking and governance use
Core protocol improvements
Higher trading volume across major exchanges
✅ Final Take
WalletConnect is a foundational piece of the Web3 ecosystem and its adoption is growing. With current momentum, $WCT has the potential for a 20%–30% rise by year-end—especially if market sentiment stays positive.
Keep this one on your radar! 👀
