1. Today’s Snapshot

Current Price: ~$0.3227 (down ~6.3% in the past 24h)

Range: ~$0.3187–0.3464

24h Volume: ~$38–42M

Market Cap: ~$60M (186M $WCT circulating / 1B total supply)

WCT is stabilizing after a late-May flash crash from $1.39 to ~$0.50, currently holding support at ~$0.32–0.34.

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2. News & Catalysts

Transferability Unlocked: WCT became transferable in April, a major step toward decentralization.

$5M Solana Airdrop: Speculation of Solana-focused WCT airdrop (Phantom, Backpack, Jupiter...) creates buzz.

Massive Ecosystem: 300M+ sessions, 47.5M wallets, 66K+ dApps – WCT fuels seamless UX in multichain DeFi.

Flash Crash Fallout: The $1.39 → $0.50 crash on May 31 shook holders, but price quickly bounced, showing latent confidence.

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3. Technical Analysis & Outlook

Structure: Post-crash base formed at ~$0.32; EMA levels being reclaimed

Indicators:

RSI ~30–35: nearing oversold zone → possible technical rebound

MACD turning positive; short-term bullish

Key Levels:

Support: $0.32 → next at $0.30

Resistance: $0.346–0.36 → breakout leads to $0.50–0.60 zone

Scenarios:

Bull case: Momentum from UX narrative, whales & airdrop buzz could push WCT to $0.50–0.60

Bear case: Drop below $0.32 risks sliding to $0.28–0.30

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4. Investment Strategy ⚠️

Short-Term Traders

Buy: $0.318–0.322

Target: $0.346–0.36

Stop-loss: < $0.315

Mid/Long-Term Holders

Accumulate: $0.30–0.32

Target: $0.50–0.60

Stop-loss: < $0.28

> ⚠️ Not financial advice. Do your own research & manage your risk accordingly.

@WalletConnect #WalletConnect