The WalletConnect Token ($WCT ) has increased by 11.61% over the last 24 hours, significantly outperforming the overall cryptocurrency market, which has decreased by 1.49%. The growth is associated with positive news about the listing on an exchange and technical momentum, but there are risks due to the high volume of available coins.

Optimism around the listing on Coinbase – Trading on the Optimism network has launched, which has increased liquidity.

Community motivation – A reward campaign of 425,000 $WCT

stimulates user activity.

Technical breakthrough – The price has surpassed key resistance levels with an increase in trading volume.

The growth of $WCT is due to a combination of increased liquidity from the listing, incentive programs for the community, and technical momentum. However, 90% of the total volume of 1 billion tokens remains locked, creating long-term risks of value dilution. For sustainable growth, WCT needs to prove its utility beyond speculation — it is important to monitor the development of institutional partnerships (for example, with Visa, Global Dollar Network) and the implementation of staking.#wct #WalletConnect @WalletConnect