WCT.. Can it return from $0.3?
When you hear the name WCT, you might think it's the name of a device or a weapon, but in reality, it's a "Universal Remote Control for Web3". It is the token of project @WalletConnect , the gateway that connects digital wallets to decentralized applications. With a single scan click, you can enter the world of decentralized finance and NFTs without having to reveal your private keys. With recent developments, it has become not just a communication protocol but an essential part of the Web3 infrastructure.
📊 Numbers:
Total supply: 1 billion tokens.
Circulating supply: ~186 million tokens.
Market cap: ~60 million dollars.
Current price: ~0.30$ after a 77% drop from its previous peak (1.34$).
This drop seems significant, but it also opens the door for re-evaluation: Is WCT just an ordinary token, or a cornerstone for a massive network?
⚙️ Uses of $WCT :
Voting on network upgrades (governance).
Participating in Staking and earning rewards.
Incentivizing wallet providers and active nodes.
Potential to become a means of paying network fees in the future.
In simple analogy: Imagine that #WalletConnect is the car that takes you through the world of Web3, while WCT is the smart key that grants you control over driving mode, system updates, and perhaps paying road fees.
🌍 Power of the infrastructure:
@WalletConnect supports dozens of networks like Ethereum, Solana, Polkadot, Cosmos, and even Bitcoin. It connects over 40,000 decentralized applications with millions of users monthly.
$WCT