Why $WCT Token is Dropping Today? WalletConnect Price Crash 42%

It was one of the hottest tokens in May—but now, it’s one of the hardest hit. The walletconnect price crash shocked the crypto market this week after WCT Lost 42% of its value in just two days. 

$WCT Price Crash: Is WalletConnect Token Heading to $0.40?

What started as a powerful uptrend from $0.20 to $1.39 has suddenly flipped into a steep collapse. Panic has taken over, and now the big question is: was this a healthy correction—or a warning sign of something worse?

According to CoinMarketCap, WCT saw its peak at $1.39 on May 30. But as of now, the token is trading near $0.61. In the past 24 hours alone, Upbit, South Korea’s biggest exchange, saw $558 million in WCT/KRW volume, accounting for 35% of global trades. Meanwhile, WuBlockhain also confirmed the same on its X account.$BTC

That’s massive—but not necessarily bullish. In fact, high volume during a crash usually signals mass exits

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