😔 $WCT Price Drops Despite Ecosystem Growth — What’s Really Happening?
The price of WalletConnect Token ($WCT) has had a tough week, currently sitting at $0.3255 (+2%), after a 4%+ drop earlier — even as capital flow surged.
This paradox reminds us: crypto markets don’t always follow simple logic.
📊 Ecosystem Is Booming
- 51.4M+ Unique Active Wallets
- 2M+ New Wallets Joined Last Month
- 71.5K Integrated App Projects
- 337M Cumulative Connections
- 122M+ WCT Currently Staked
- 48.7K+ Stakers earning 22% APY
The WalletConnect ecosystem is expanding rapidly — signaling strong user adoption and developer interest.
🔍 Technical Breakdown
- MACD & OBV show strong selling pressure 🔴
- Yet, capital inflow is rising, suggesting accumulation at lower levels
- Could this be smart money positioning for a reversal?
💡 What This Means
Volatility is the price of innovation.
Even when fundamentals are strong, price action can lag — or mislead.
But for long-term believers, this may be a strategic entry zone.
📌 Disclaimer: This post is for educational purposes only and not financial advice.