After launching on Binance Launchpool on April 15, WCT officially went live on both Binance and OKEx on August 5, with first-day trading volume exceeding 523 million RMB and a 24-hour increase of 34%. This milestone event has completely rewritten the liquidity landscape for Web3 infrastructure tokens, making WCT the second protocol token to launch simultaneously on major exchanges including Binance, OKEx, and KuCoin, following UNI.
Market data insights:
• Price performance: Despite short-term fluctuations (August 8 stock price at $0.1983), technical analysis shows that WCT has formed a 'head and shoulders bottom' pattern on the four-hour chart, with a daily MACD golden cross indicating a reversal signal.
• Capital flow: Binance contract market data shows that the open interest for WCT perpetual contracts has reached $120 million, with long positions accounting for 68%, indicating that institutional capital is accelerating its entry.
• Application scenarios: WCT has been integrated into over 57,000 DApps, processing more than one million cross-chain transactions daily. Its 'payment-governance-staking' triadic model has been rated by DeFi Pulse as 'the most promising economic model of 2025'.
Investment strategy:
Currently, WCT's circulating market value is only $10.56 million, presenting a 400-fold growth potential compared to similar protocols (such as Chainlink's market value of $4.5 billion). Binance analysts recommend adopting a 'dollar-cost averaging + grid trading' strategy, utilizing the $0.18-0.22 range to accumulate positions and holding long-term with a target price of $3.24.
