WCT TOKEN LOOSER
What’s Driving the Move
Short-term profit-taking
WCT recently hit an all-time high in late May (~$1.35–$1.39) and is now correcting as traders lock in gains.
Token unlocks event
A small release (~0.25% of total supply) is scheduled for June 26, 2025, possibly increasing selling pressure
Broader crypto pullback
The broader markets are softer — tokens across the crypto space are down alongside Bitcoin and Ethereum.
📈 Support & Resistance Levels
Nearby support: ~$0.32–$0.323 — where prior consolidation occurred.
Resistance area: $0.37–$0.38 zone (20% above current), where WCT topped earlier today/monday
🧠 Longer-Term Outlook
Token utility: WCT secures the WalletConnect ecosystem via staking, governance, and fee usage gate.com+15walletconnect.network+15coincarp.com+15
Bullish forecasts:
– Coincodex sees potential for WCT to average around $0.53 in 2026, with peaks approaching $0.89 gate.com+2coincodex.com+2bitget.com+2.
– Bitget projects $0.3066 in 2026 and up to $0.6245 by 2031 .
