WalletConnect Token $WCT is a core token of the WalletConnect network, designed to enhance the user experience ecosystem on-chain. Its main function is to connect crypto wallets with decentralized applications (dApps) securely and easily.
*Key Features:*
- *Current Price*: $0.3732 with a 2.39% increase in the last 24 hours
- *Market Capitalization*: $69.5 million with a trading volume of $46.88 million in the last 24 hours
- *Supply*: 1 trillion WCT tokens, with 186.2 million in circulation
- *Compatibility*: Supports multiple public blockchains, allowing users to interact with different networks without the need for additional tools
*How It Works:*
1. *Secure Connection*: WalletConnect creates a bridge between wallets and dApps via QR codes or deep links, ensuring the security and privacy of user data.
2. *Interoperability*: Enables interaction between different blockchains without requiring multiple wallets or tools.
3. *Development and Governance*: The WalletConnect Foundation oversees the growth and security of the network, while the WCT token allows users to participate in governance and vote on updates and improvements.
*Availability:*
- *Exchange*: WCT is available on Bitget, a cryptocurrency trading platform that offers buying, selling, and trading services for tokens.
- *Usage*: WCT token holders can vote on updates and security measures, and can also receive rewards for participating in the network ¹ ².