⚠️ WCT Token: Warning to Traders
Time to Book Profits and Exit.
Overhyped and Manipulate by Whales.
The WCT (WalletConnect Token) price has started to show clear signs of weakness, and traders should seriously consider their next move before it’s too late.
Airdrop Dumping Pressure:
A significant portion of WCT’s supply was distributed via airdrop — and many recipients are dumping their tokens, adding heavy sell pressure and making the chart look worse day by day.
Trading Volume:
Diminished interest and liquidity mean it’s becoming harder to sell at favorable prices.
Lack of Clear Use Case:
Without strong demand or innovative updates, WCT risks becoming a speculative asset with no real backing.
Price Manipulation Risks
Significant price discrepancies across exchanges have been reported. This inconsistency raises alarms for anyone trading with volume.
Potential for Further Drops:
With no strong support levels holding, there’s a risk prices could fall much further, eating into your profits.
No Real Yield or Incentive:
Unlike staking tokens or governance assets, WCT currently offers no strong economic incentive to hold long-term. That’s a red flag in a bear or sideways market.
Don’t get caught holding a bag that’s losing utility and momentum