$WCT WalletConnect Drops 4.84% but Long-Term Outlook Remains Strong in Web3
Over the past 24 hours, WalletConnect (WCT) declined by 4.84% to 0.3181 USD. The short-term downtrend is confirmed by EMA and MACD signals, reflecting strong selling pressure. However, RSI indicates oversold conditions, suggesting a potential rebound if demand picks up.
In the long run, the community maintains a positive outlook for WCT, recognizing its crucial role in the Web3 infrastructure, especially in connecting wallets and decentralized applications. Many investors expect significant growth during Altseason 2025 as Web3 adoption continues to expand.
That said, investors should remain cautious of market manipulation risks, particularly pump-and-dump schemes, which could trigger sudden volatility and unexpected losses.
Do you think WCT has what it takes to lead Web3 adoption in the upcoming Altseason 2025?
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