$WCT

@WalletConnect

#WalletConnect

Why is going to down some reason explain its why?

WCT may be going down due to several possible reasons. One major factor is profit-taking—after a price pump, many investors sell to lock in gains, causing the price to drop. Lack of real utility or weak fundamentals can also lead to a decline when hype fades. If negative news surfaces, such as failed partnerships, project delays, or team issues, investor confidence drops. Low trading volume or liquidity makes it easier for large sell orders to crash the price. Market-wide downturns, like Bitcoin dropping, often pull altcoins like WCT down too. Whale manipulation or coordinated dumps in Telegram groups can also hurt the price. Additionally, fear, uncertainty, and doubt (FUD) in social media can cause panic selling. If the project has no clear roadmap, anonymous developers, or poor communication, trust may decline. Without ongoing interest, use cases, or community support, a token’s value often falls naturally.