#WriteEarn #WCTUSDT
Technical & Fundamental Analysis of the WCT Token (Waves Community Token)
The WCT token is an asset from the Waves ecosystem, initially distributed in 2017 to reward the most active members of the community. Although often classified as a “legacy token,” it still shows interesting activity on certain DEXs of the Waves blockchain.
📌 Key Features:
• WAVES standard token, fully integrated into the native infrastructure of the Waves blockchain.
• Supply limited to 10 million WCT, already fully issued.
• Primarily used as a governance and community evaluation tool, although its use cases have diminished over time.
📈 Technical Analysis (WCT only, excluding pair):
• Low daily trading volume, making it subject to high volatility even with low capital.
• Long-term compression pattern, suggesting a possible speculative recovery if liquidity returns.
• Technical indicators like RSI and MACD on long units (1D/1W) show potential cyclical reversal signals — to be confirmed by volume.