As of April 19, 2025, the Waves Community Token (WCT) is trading at approximately $0.12 USD, with a 24-hour price change of +1.44% and a market capitalization of around $1.2 million USD.
🔍 Overview of WCT
Launched in 2017, WCT was designed to incentivize community participation within the Waves ecosystem. It allowed holders to vote on projects and engage in platform governance. However, by early 2023, WCT was deprecated and replaced by the $POWER token and the Power DAO framework.
🔄 Recent Developments
A significant update is that the WCT token is now officially transferable, marking a pivotal moment in WalletConnect's decentralization roadmap. This enhancement brings the on-chain economy closer to a more open, permissionless, and community-driven experience.
📈 Price Predictions
Forecasts for WCT in 2025 suggest a potential peak price of $0.5798, with a possible low of $0.1093. However, considering WCT's deprecation and replacement by $POWER, these projections may not reflect the token's current utility or market relevance.
⚠️ Important Considerations
Deprecation: WCT has been officially deprecated and replaced by the $POWER token.
Market Activity: Despite its deprecation, WCT remains listed on some exchanges, but trading volumes and liquidity may be limited.
Investment Caution: Given its deprecated status, investing in WCT carries significant risks, and potential investors should conduct thorough research and consider the token's current utility and market position.$WCT