$WCT
New airdrop
WCT airdrop Link write to earn
Solana Integration & Airdrop: WalletConnect has expanded its ecosystem by integrating with the Solana blockchain. This move includes a substantial airdrop of 5 million WCT tokens, aiming to enhance cross-chain interoperability and attract a broader user base.
Community Engagement: At a recent event, WalletConnect announced a giveaway of 50,000 WCT tokens to attendees, signaling increased efforts to engage the community and promote the token's adoption.
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๐ Market Performance
Recent Price Movements: Over the past week, WCT has experienced a significant surge of approximately 30%, outperforming many other cryptocurrencies.
Trading Volume: The token has seen a 24-hour trading volume of around $138 million, indicating strong market activity.
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๐ Technical Analysis
Resistance & Support Levels: WCT faces immediate resistance at $0.68, with major resistance around $0.70. Support levels are identified at $0.66 and $0.645.
Trading Strategies:
Breakout Play: Entering at $0.68 with targets at $0.70 and $0.72, placing a stop-loss at $0.66.
Pullback Play: Entering at $0.645 with targets at $0.68 and $0.70, placing a stop-loss at $0.63.
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๐ฎ Future Outlook
Short-Term Predictions: Analysts forecast WCT to trade between $0.76 and $0.88 in the coming week, suggesting a potential 15% increase.
Long-Term Projections: Looking ahead to 2029, some projections estimate WCT could reach prices between $2.50 and $4.92, reflecting significant growth potential.
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