WalletConnect $WCT Is Consolidating Before Its Next Major Move

A look at the bullish case for $WCT despite the recent dip.

While the daily chart shows a -3.2% dip, the price of $0.3297 is backed by a strong $34.17M in daily volume, which is over half its market cap of $61.39M. This is a professional signal of a healthy consolidation. The market is not selling off its foundational asset; it's rebalancing before the next major move.

An analysis of how this price action supports a long-term bullish view.

@WalletConnect is the creative and professional backbone of Web3. Its utility is indispensable. The long-term value of $WCT is tied directly to the growth of the entire crypto ecosystem. This dip is likely just a short-term correction in a long-term bullish narrative as the market prepares for its next growth phase. #WalletConnect