• Current Price Volatility: WCT has exhibited severe fluctuations recently, for instance, at the end of May, it plummeted by 40% from $1.37 to $0.8, but then rebounded to over $1, indicating that market sentiment is sensitive and liquidity is ample. The technical indicators show that a double bottom pattern is forming around $0.85, and there may be a short-term rebound, but caution is needed regarding the risk of contract liquidation (as single-day liquidation volumes have previously surpassed Bitcoin). @WalletConnect

• Airdrop Impact: Frequent airdrop activities (such as the second airdrop of Backpack and Solana ecosystem airdrops) temporarily boost interest, but may also trigger selling pressure. For example, some addresses transferred airdropped tokens to exchanges immediately, suggesting cash-out behavior. #wct #walletconnect $WCT