WalletConnect($WCT ) rises by 6% to $0.3528 – Are we seeing an upcoming breakout?
WalletConnect $WCT recorded an increase of +6.04% today, reaching 0.3528 USDT, after a stable consolidation around $0.33. The current momentum indicates new inflows and improved market sentiment.
🔗 As a key component of the Web3 infrastructure, WalletConnect connects millions of wallets and dApps, enhancing its position as an indispensable infrastructure in the decentralized ecosystem.
📈 The long-term outlook remains between $5 to $10 by 2026, supported by increased demand for connectivity and storage.
⚠️ But be cautious: over 80% of the tokens are still locked, creating a significant gap between the actual market value and FDV, and the upcoming unlocking of tokens may lead to short-term selling pressure.
❓ Do you expect WCT to surpass the $0.40 level soon, or will structural barriers slow the ascent?
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