$WCT
To the Moon
This is the reason for the rise and my prediction is to exceed one dollar
In recent news, WalletConnect announced the official launch of its governance token WCT on the Solana network, with the distribution of 5 million WCT to active Solana users. This integration marks the beginning of WalletConnect's "multi-chain process," significantly impacting the performance of the WCT market by increasing its visibility and accessibility across more networks. Technically, WCT has shown a strong upward trend over the past week, with a significant increase in its price from $0.3672 to $0.7364. The MACD indicator points to positive momentum with a bullish crossover, while the Relative Strength Index (RSI) indicates overbought conditions as it reached above 70. Regarding capital flow, there were notable inflows described as moderate capital flows, indicating increased investor interest.
