$WCT , as the core token of the WalletConnect protocol, WCT is essentially a passport for decentralized interactions. Its protocol handles over 5 million secure wallet DApp handshakes daily, making it the TCP/IP protocol layer of the blockchain world. The current market value of $238 million is just the tip of the ecological value iceberg.
If we capture 10% of the on-chain interaction value, the valuation needs to be re-evaluated to over 5 times. Its ecological monopoly covers over 600 wallets and more than 40,000 DApps, with top applications like MetaMask and Trust Wallet deeply integrated, making it a necessity for Web3 entry.
Up controls 38.6% of the trading volume, with the Korean won often trading at a premium of over 20% against WCT. Asian speculators have a high level of control, and the current price of 1.39 is at the lower edge of a concentrated chip area, needing to break through 1.5 with increased volume to confirm a trend reversal.
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