The Relationship Between WCT and the Community 4
Crisis Response: A Test of Community Consensus Resilience
1. Collective Action in Price Plunge (May – June 2025)
- Event: WCT plummeted from $1.34 to $0.32 (-76%), panic caused by whale sell-off.
- Community Response:
- Self-Rescue Proposal: Pause the unlocking plan (locking 120 million tokens to be released), received 92% support.
- Liquidity Defense: Community fund allocated 2 million USDT to place buy orders at $0.30, slowing the decline.
- Public Opinion Counterattack: Users spontaneously initiated the #WCTStrong movement on Twitter, exposing the real data of the protocol (daily active users increased by 23%).
2. Building Long-Term Resilience
- Education Fund: Use protocol revenue to open Web3 wallet courses, nurturing new users (such as in India and Southeast Asia).
- Developer Rescue Program: Provide interest-free WCT loans to dApps that have been attacked by hackers.