The crypto market is always full of opportunities, and one token that's been on my radar is $WCT.
For those unfamiliar, WalletConnect isn't just another token; it's the backbone of dApp connectivity for millions of users across multiple chains like Ethereum and Solana. It's the secure bridge that makes Web3 accessible.
Why is $WCT interesting right now?
Strong Fundamentals: It has real-world utility. With over 57,000 dApps using its protocol, its adoption is widespread and growing.
Ecosystem Expansion: WalletConnect recently expanded to the high-speed Solana network and completed a major airdrop, significantly boosting its user base and visibility.
Increased Liquidity: The recent introduction of WCT perpetual futures on Binance makes it more accessible to a wider range of traders, which could positively impact volume and price action.
After hitting an all-time high of around $1.34 in late May, $WCT has seen a healthy correction and has been consolidating. Many analysts are now watching key support and resistance levels. A breakout from this consolidation could signal the start of a new upward trend.
What are your thoughts? Are you bullish on the future of Web3 connectivity?
Let me know in the comments!
#WriteToEarn #WCT $WCT #WalletConnect #CryptoTrading #Altcoins
