WalletConnect Token (WCT) is showing strong potential to surge after its upcoming listing. Looking at its token allocation, the distribution appears quite healthy: WalletConnect Foundation holds the largest share at 22.25 percent, followed by allocations for the team and ecosystem/community at 18.5 percent each, rewards at 17.5 percent, and backers at 11.24 percent. Interestingly, the private sale only accounts for 1 percent, which means minimal early investor sell pressure. Public sale is just 4.01 percent, signaling a limited initial circulating supply. With only around 186 million tokens unlocked at launch, if WCT lists around $0.05, the starting market cap would be roughly $9 million — a modest valuation for a project as established as WalletConnect, already integrated with many leading dApps.
Given the strong tokenomics and healthy distribution, a $100 million market cap target seems realistic in the near future. That translates to a potential 10x upside from the initial listing price. For an entry strategy, consider accumulating between $0.04 and $0.05 during launch, add more around $0.035 on dips, and avoid FOMO buying if it spikes above $0.07 without consolidation. Initial profit-taking targets can be set around $0.12 to $0.25. WCT is a clear utility token with strong infrastructure backing and could easily be one of the top-performing tokens right after launch. DYOR, but this one definitely deserves a spot on your radar.
