WCT and Competitor Comparison: The Market Cap Ceiling Battle in the Wallet Sector
- Core Content:
- Benchmarking against SafePal ($120 million) and Trust Wallet ($350 million), WCT's circulating market cap is $111 million, with an FDV of $596 million, indicating significant valuation potential.
- Competitive Advantage: Network effects at the protocol layer (600+ wallets × 61,000 applications = 366 million potential connections), but 90% of services are free, with only 5% commercialization rate.
- Key to Breakthrough: Implementing a “Tiered Connection Fee” model ($0.1-$0.3 WCT per use), with potential annual revenue reaching $30 million.