$WCT Launches with Strong Momentum — Key Levels to Watch
$WCT has officially hit the markets and is already turning heads. After launching around $0.2000, it quickly surged to $0.4000 within minutes and is currently stabilizing near $0.3450, reflecting a +72.50% gain from its starting price.
What’s Fueling the Buzz?
The momentum appears to be backed by strong volume inflows and early speculative interest. If $WCT continues to hold above $0.3200, bulls could push for another breakout past $0.3750 and target the $0.4110 resistance level. On the downside, a pullback to $0.2800 could present a strategic re-entry zone for traders watching the trend.
WalletConnect Tokenomics:
Total Supply: 1 billion WCT
Initial Supply at TGE: 186.2 million WCT
BingX Market Price: ~$0.435
Implied FDV (Fully Diluted Valuation): ~$80M at launch
Potential Short-Term Target FDV: $100M+
With #Binance Launchpool support and trading set to begin on April 15, 2025, expectations are building. That said, early airdrop recipients may introduce selling pressure so monitoring large wallets could be key to anticipating short-term volatility.
Technical Snapshot:
Current Price: ~$0.3691
24h Volume: 145.46M WCT
RSI(6): 65.63 (bullish bias)
Immediate Resistance Levels: $0.3750 and $0.4110
Support to Watch: $0.3200 and $0.2800
As momentum builds since Binance listing, WCT is shaping up to be a highly watched token this April. Traders are advised to approach with both caution and clarity early listings often bring high reward potential but also volatility.
