🌐 Fundamental overview of WCT
WCT is the token of the WalletConnect platform, which enables secure and transparent wallet connections to decentralized applications (DApps); supporting over 600 wallets and 54,000 applications globally (coinunited.io).
Core functions: governance, fees, rewards, and staking, giving users a real voice in network development.
WCT was launched on several platforms like Binance and CoinList following funding rounds and organized airdrop events.
📊 Price and technical status
Current price ~ $0.342–$0.343, with a daily trading volume ≈ $57 million, and a market cap ≈ $64 million (CoinMarketCap).
Analysis of short-term indicators (from Bitget): Strong "buy" signals with positive MACD crossover and RSI indicators ~46 neutral.
On Investing.com, the reading of oscillators (RSI, MACD) indicates clear buying strength, despite slight divergence in moving averages.
📈 Technical forecasts
Short-term (months):
Technical analysis indicates strong support around $0.30–$0.31. A breakout above $0.34 could push the price towards $0.38 by July–August (CoinCodex, binance.com).
Long-term (2026–2030):
Supported by increasing adoption in DeFi and governance, there are strong expectations towards prices of $0.80–$1.50 over the next 2–4 years (binance.com).
Some sources expect the price to reach >$2 by the end of the decade under a Web3 architecture development scenario.
🛠️ Buying strategy and recommendation
✅ For short-term entry
Entry point: $0.295–$0.305 near support
Stop loss: if the price falls below $0.285
Short-term targets: $0.34–$0.38
✅ For long-term investment
Use DCA method between $0.30–$0.32
Hold as long as the project continues to grow in users, governance, and fee services
🎯 Why is it worth investing now?
Strong support at the current price → low risk
WCT serves as a core node in the Web3 architecture (governance, wallet linking-platforms) (binance.com)
Technical indicators suggest a potential reversal of bearish ideas towards an upward path
Huge potential in the future with the expansion of the WalletConnect ecosystem
📢 Follow me for:
Instant alerts when breaking resistances of $0.34–$0.38
Real-time analysis of market movement and indicators
Continuous coverage of protocol developments and WCT's entry into new services
🔔 WCT offers you an early opportunity in leveraging an important part of the Web3 platform's backbone—don’t miss the launch! 🚀
#MemecoinSentiment #StrategyBTCPurchase #USCryptoWeek #ETHBreaks3k #FOMCWatch