📉 $WCT Coin Update – June 5, 2025

As of today, WalletConnect Token ($WCT ) is trading at $0.4547, reflecting a 7.4% decrease over the past 24 hours. The day's trading range has seen a high of $0.4945 and a low of $0.4477.

Key Highlights:

Market Correction: $WCT has experienced a significant pullback from its all-time high of $1.37 on May 31, 2025, marking a 66% decline. This downturn follows a sharp 42% drop on June 1, attributed to a blow-off top pattern and subsequent panic selling.

Community Sentiment: Despite the recent dip, some community members remain optimistic, suggesting that WCT could rebound to $0.70 or even reach $1.00, viewing the current phase as a consolidation period.

Ecosystem Growth: WalletConnect has surpassed 300 million cumulative connections, indicating robust adoption and usage across decentralized applications.

Educational Initiative: Binance has launched a "Learn & Earn" campaign, allowing KYC-verified users to earn WCT tokens by completing educational quizzes between June 5 and June 19.

While WCT faces short-term volatility, the underlying ecosystem's growth and ongoing initiatives may influence its long-term trajectory.

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