WalletConnect Token ($WCT ): Connecting Web3
WalletConnect Token ( #WCT ) powers the critical WalletConnect protocol, enabling secure connections between 600+ crypto wallets (like MetaMask) and 40,000+ decentralized apps (dApps) across blockchains like Ethereum and Solana. It solves Web3's fragmentation by making user onboarding seamless.
Key Token Utilities:
Governance: Vote on protocol upgrades.
* **Staking: Earn rewards for operating nodes.
* **Ecosystem Incentives: Participate in airdrops & rewards.
Market Snapshot (as of article date):
* **Price: ~$0.41
* **Market Cap: $77.25 Million
* **Volatility: High (30-day: 30.12%)
* **ATH: $1.37 (down 69.64%)
Recent Catalysts:
* **Binance Listing (April 2025): Boosted liquidity & visibility via Launchpool.
* **$24.75M Funding: Backed by Coinbase Ventures, HashKey, Circle.
* **Tokenomics:1 Billion total supply, 186.2 Million initially circulating.
Outlook & Risks:
* **Predictions: Mixed short-term (bearish: potential drop to ~$0.32), Bullish long-term ($1+ by 2030 possible).
