Is $WCT a Risky Bet? Comparing Valuation and Tokenomics
WCT vs. Competitors: WCT's Market Cap/FDV ratio of 18.62% ($57.1M / $306.7M) places it in a high-risk zone. In comparison:
@Arbitrum Foundation $ARB : ~30% MCap/FDV at listing (2023), stabilized by a significant 11.6% airdrop.
@Optimism $OP : ~25% Mcap/FDV at listing (2022), but saw a ~40% price drop after a major unlock.
WCT needs to increase circulating supply or lower FDV (through a reduced price) to reach a safer 20-30% range.
Recommendations:
Investors should prioritize projects with Market Cap/FDV >20% and transparent unlock schedules.
WCT’s 18.62% ratio is concerning, especially with 45.5% of total supply held by the team (18.5%) and Foundation (27%).
Monitor key unlock dates (09/2025) and token utility for a clearer investment outlook.
