$BTC ### 🔥 **WTC (WalletConnect Token) - Deep Dive**

*Focus: BTC trading pair & ecosystem role*

⚡ 1. Core Identity

WCT= Native token of WalletConnect Network, a decentralized protocol enabling seamless connections between 600+ crypto wallets (MetaMask, Trust Wallet) and 40K+ dApps across all blockchains.

Not to confuse with Waltonchain (WTC), an inactive RFID-focused project last traded ~2 months ago.

💹 2. Market Snapshot (Live Data)

| Metric | Value | Change (24h |

|------------------|-----------------|

| Price (USD) | $0.436 | +1.8% |

| Price (BTC) | ₿0.00005413 | +1.5% |

| Market Cap | $81.2M | #542 rank |

| 24h Volume | $105.5M | -2.1% |

|All-Time High| $1.37 (May 2025)| -68.15%|

🚀 3. Tokenomics & Utility

Max Supply: 1 billion WCT

Circulating Supply: 186.2M (18.6% of max)

Use Cases:

🔐 Pay for onchain UX services (e.g., session connections).

🗳️ Governance voting for network upgrades.

💰 Staking rewards (details TBA post-launch).

Launched on OP Mainnet (Optimism) for ETH security + scalability.

⚖️ 4. Trading & BTC Pair Insights

Top Exchanges: Binance (WCT/USDT), OKX, CoinW.

WCT/BTC Pair: Not directly listed. Trade via WCT → USDT → BTC (e.g., Binance: WCT/USDT → USDT/BTC).

Liquidity: Deep order books on Binance (24h vol: $17.4M for WCT/USDT).

Recent Volatility: -27.9% (7d) due to post-listing correction.

🌐 5. Catalysts & Risks

Bullish Drivers:

📈 Backed by Coinbase Ventures + integrated by Uniswap, OpenSea.

🌍 150M+ connections since 2024 token launch.

Risks:

High FDV ($436M) vs. low circulating supply.

Competition from Web3Auth, Particle Network.

💎 Final Take

WCT is an infrastructure play for cross-wallet/dApp interoperability critical for mass Web3 adoption. Short-term volatility expected, but long-term utility in BTC/ETH ecosystems is solid. Monitor: Staking launch + Coinbase listing rumors.

📌 Trade Tip: Accumulate below $0.40 (support: $0.428). Avoid Waltonchain (legacy, inactive chain).