1. Update today
Current price: ~$0.3227 (down ~6.3% compared to 24h ago), in the range of ~$0.3187–0.3464
24h Volume: ~$38–42 million, market cap ~ $60 million (circulating 186 million/ total 1 billion)
$WCT currently adjusting slightly after the flash-crash from $1.39 → $0.50 at the end of May, but still above the support range of $0.32–0.34.
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2. News & price motivation
Unlock & Transferability: WCT has opened transfers since April 15, marking an important transition in the decentralization phase.
Airdrop & expansion to Solana: Topic includes $5 million airdrop for Solana users from Phantom, Jupiter, Backpack...
Ecosystem scaling: Over 300 million connections, 47.5 million wallets, 66,500+ applications – WCT is an essential 'fuel' for On-Chain UX.
Flash crash at the end of May: Price plummeted from $1.39 to ~$0.50 in just a few hours, causing panic – but quickly recovered, proving that confidence is still strong.
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3. Technical analysis & outlook
Price model & EMA/MA: After the flash-crash, WCT bottomed at ~$0.32 and stabilized around the short-term EMA.
Technical indicators:
RSI around ~30–35 → currently in a slight oversold zone, potential technical rebound
MACD/EMA is recovering after the deep drop
Resistance – support:
Support: $0.32 → next ~$0.30
Resistance: $0.346–0.36 → if broken → test the range of $0.50–0.60 (previous peak before crash).
Scenario:
Bull case: If it holds above $0.32 and on-chain momentum & airdrop continue, WCT could reach $0.50–0.60 again
Bear case: Losing support at $0.32 → retest $0.30–0.28, may fluctuate down to $0.25
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4. Suggested investment strategy ⚠️
Short-term trader
Buy: $0.318–0.322
Target: $0.346–0.36
SL: < $0.315
Medium – long-term holder
Accumulation: $0.30–0.32
Target: $0.50–0.60 (strong recovery phase)
SL: < $0.28
> ⚠️ Not investment advice. DYOR & manage your capital accordingly.
